Workday (NAS:WDAY) Interest Expense

: $-115 Mil (TTM As of Jul. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Workday's interest expense for the three months ended in Jul. 2023 was $ -29 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 2023 was $-115 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. Workday's Operating Income for the three months ended in Jul. 2023 was $ 36 Mil. Workday's Interest Expense for the three months ended in Jul. 2023 was $ -29 Mil. Workday's Interest Coverage for the quarter that ended in Jul. 2023 was 1.27. 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.

Workday Interest Expense Historical Data

The historical data trend for Workday's Interest Expense can be seen below:

* 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.

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Workday Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Interest Expense

-60.21

-58.69

-68.81

-16.60

-102.35

Workday Quarterly Data
	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23
Interest Expense																-30.16	-29.63	-28.55	-28.55	-28.54

Workday 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 Jul. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-115 Mil.

Workday (NAS:WDAY) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Workday's Interest Expense for the three months ended in Jul. 2023 was $-29 Mil. Its Operating Income for the three months ended in Jul. 2023 was $36 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jul. 2023 was $3,170 Mil.

Workday's Interest Coverage for the quarter that ended in Jul. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jul. 2023 )	/	Interest Expense (Q: Jul. 2023 )
	=	-1	*	36.257	/	-28.536
	=	1.27

The higher the ratio, the stronger the company's financial strength is.

Workday (NAS:WDAY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Workday Inc (NAS:WDAY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

WDAY:Mexico W7D:Germany W1DA34:Brazil

Address

6110 Stoneridge Mall Road, Pleasanton, CA, USA, 94588

Website

https://www.workday.com

Workday is a software company that offers human capital management, or HCM, financial management, and business planning solutions. Known for being a cloud-only software provider, Workday is headquartered in Pleasanton, California. Founded in 2005, Workday now employs over 12,000 employees.

Executives

Zane Rowe	officer: Chief Financial Officer	1600 SMITH STREET, HQSEO, HOUSTON TX 77002
Sayan Chakraborty	officer: Co-President	6110 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Mark J Hawkins	director	C/O LOGITECH, INC., 6505 KAISER DRIVE, FREMONT CA 94555
Frederick Wayne A.i.	director	500 W MAIN ST., LOUISVILLE KY 40202
Michael M Mcnamara	director	C/O FLEXTRONICS INTERNATIONAL LTD, 2090 FORTUNE DRIVE, SAN JOSE CA 95131
David A Duffield	10 percent owner	C/O WORKDAY, INC., 6230 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Thomas F Bogan	director	C/O WORKDAY, INC., 6110 STONERIDGE MALL RD, PLEASANTON CA 94588
Barbara A Larson	officer: Chief Financial Officer	6110 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Douglas A. Robinson	officer: Co-President	6110 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Lynne M Doughtie	director	C/O THE BOEING COMPANY, 100 RIVERSIDE PLAZA, MC 5003-1001, CHICAGO IL 60606-1596
Michael C Bush	director	6110 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Richard Harry Sauer	officer: EVP, General Counsel & Secty	6110 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Ann Marie Campbell	director	2455 PACES FERRY ROAD, ATLANTA GA 30339
Carl M. Eschenbach	director	C/O SEQUOIA CAPITAL, 2800 SAND HILL ROAD, SUITE 101, PALO ALTO CA 94025
Petros Dermetzis	officer: Chief Products Officer	321 LIVORNA HEIGHTS ROAD, ALAMO CA 94507