Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wells Fargo's interest expense for the
three
months ended in Mar. 2021 was $ -1,247 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Mar. 2021 was $-5,795 Mil.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Wells Fargo's Operating Income for the
three
months ended in Mar. 2021 was $ Mil. Wells Fargo's Interest Expense for the
three
months ended in Mar. 2021 was $ Mil.
The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Wells Fargo Interest Expense Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
|
Wells Fargo Annual Data
|
|
Trend |
Dec11 |
Dec12 |
Dec13 |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
| Interest Expense |
|
|
|
|
|
|
-5,909.00 |
-9,352.00 |
-14,652.00 |
-18,852.00 |
-7,963.00 |
|
Wells Fargo Quarterly Data
|
|
Jun16 |
Sep16 |
Dec16 |
Mar17 |
Jun17 |
Sep17 |
Dec17 |
Mar18 |
Jun18 |
Sep18 |
Dec18 |
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
| Interest Expense |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-3,415.00 |
-1,921.00 |
-1,432.00 |
-1,195.00 |
-1,247.00 |
Wells Fargo Interest Expense Calculation
Interest Expense is the amount reported by a company or individual as an expense for borrowed money.
Interest Expense for the trailing twelve months (TTM) ended in Mar. 2021 was -1921 (Jun. 2020 ) + -1432 (Sep. 2020 ) + -1195 (Dec. 2020 ) + -1247 (Mar. 2021 ) = $-5,795 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Wells Fargo Interest Expense Headlines
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