What is Sirius XM Holdings Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sirius XM Holdings's interest expense for the
three
months ended in Dec. 2023 was $ -104 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-424 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. Sirius XM Holdings's Operating Income for the
three
months ended in Dec. 2023 was $ 517 Mil. Sirius XM Holdings's Interest Expense for the
three
months ended in Dec. 2023 was $ -104 Mil.
Sirius XM Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 4.97.
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.
Sirius XM Holdings 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-424 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.
Sirius XM Holdings (NAS:SIRI) Interest Expense Explanation
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. The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Sirius XM Holdings's Interest Expense for the
three
months ended in Dec. 2023 was $-104 Mil. Its
Operating Income
for the
three
months ended in Dec. 2023 was $517 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2023 was $8,982 Mil.
Sirius XM Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as
* 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.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Sirius XM Holdings Inc interest coverage is 4.78, which is low.
Sirius XM Holdings (Sirius XM Holdings) Business Description
Traded in Other Exchanges
Address
1221 Avenue of the Americas, 35th Floor, New York, NY, USA, 10020
Sirius XM Holdings is composed of two businesses: SiriusXM and Pandora. SiriusXM transmits music, talk shows, sports, and news via its two satellite radio networks, primarily to consumers in vehicles who pay a subscription fee. The firm's radios come preinstalled on a wide range of light vehicles in the U.S. and Canada. The firm acquired Pandora Media in February 2019 via an all-stock transaction. Pandora is a streaming music platform that offers an ad-supported radio option and a paid on-demand service as well as a robust and growing podcast library. Liberty Media owns 81% of Sirius XM, traded through its Liberty Sirius XM Group tracking stock.
Executives
| Joseph A Inzerillo |
officer: Chief Product & Tech. Officer |
173 WATER STREET, BROOKLYN NY 11201 |
| David Adam Blau |
director |
12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112-7009 |
| Sean S Sullivan |
officer: EVP and CFO |
11 PENN PLAZA, NEW YORK NY 10001 |
| Jonelle Procope |
director |
1221 AVENUE OF THE AMERICAS, 35TH FLOOR, NEW YORK NY 10020 |
| Stephen Cook |
officer: EVP, Sales and Automotive |
|
| Kristina Salen |
director |
1601 CLOVERFIELD BLVD., SUITE 620, SANTA MONICA CA 90404 |
| Dara F Altman |
officer: EVP & Chief Admin. Officer |
SIRIUS XM RADIO INC., 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020 |
| Joan Lordi Amble |
director |
AMERICAN EXPRESS COMPANY, 200 VESEY STREET, NEW YORK NY 10285 |
| Carl E Vogel |
director |
C/O SIRIUS XM RADIO INC., 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020 |
| James E Meyer |
officer: President, Sales & Operations |
6922 HOLLYWOOD BLVD., 12TH FLOOR, LOS ANGELES CA 90028 |
| Vanessa Ames Wittman |
director |
C/O MARSH & MCLENNAN COMPANIES, INC., 1166 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
| Scott Andrew Greenstein |
officer: Pres., Entertainment & Sports |
SIRIUS XM RADIO INC., 1221 AVENUE OF THE AMERICAS, 36TH FLOOR, NEW YORK NY 10020 |
| James Mooney |
director |
1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020 |
| David J Frear |
officer: EVP and CFO |
1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020 |
| James Arthur Cady |
officer: EVP, Product and Operations |
1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020 |
Sirius XM Holdings (Sirius XM Holdings) Headlines
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