What is Caterpillar Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Caterpillar's interest expense for the
three
months ended in Dec. 2024 was $ -107 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-512 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. Caterpillar's Operating Income for the
three
months ended in Dec. 2024 was $ 2,924 Mil. Caterpillar's Interest Expense for the
three
months ended in Dec. 2024 was $ -107 Mil.
Caterpillar's Interest Coverage for the quarter that ended in Dec. 2024 was 27.33.
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.
Caterpillar 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-512 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.
Caterpillar (NYSE:CAT) 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.
Caterpillar's Interest Expense for the
three
months ended in Dec. 2024 was $-107 Mil. Its
Operating Income
for the
three
months ended in Dec. 2024 was $2,924 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2024 was $27,351 Mil.
Caterpillar's Interest Coverage for the quarter that ended in Dec. 2024 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.
Caterpillar Business Description
Traded in Other Exchanges
Address
5205 N. O'Connor Boulevard, Suite 100, Irving, TX, USA, 75039
Caterpillar is the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Its reporting segments are: construction industries (40% sales/47% operating profit, or OP), resource industries (20% sales/19% OP), and energy & transportation (40% sales/34% OP). Market share approaches 20% across many products. Caterpillar operates a captive finance subsidiary to facilitate sales. The firm has global reach (46% US sales/54% ex-US). Construction skews more domestic, while the other divisions are more geographically diversified. An independent network of 156 dealers operates approximately 2,800 facilities, giving Caterpillar reach into about 190 countries for sales and support services.
Executives
| Gerald Johnson |
director |
300 RENAISSANCE CENTER, M/C: 482-C23-A68, DETROIT MI 48265 |
| Bonfield Andrew R J |
officer: Chief Financial Officer |
C/O BRISTOL MYERS SQUIBB CO, 345 PARK AVE, NEW YORK NY 10164 |
| Anthony D. Fassino |
officer: Group President |
510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015 |
| Susan C Schwab |
director |
2101 VAN MUNCHING HALL, COLLEGE PARK MD 20742 |
| Lange Bob De |
officer: Group President |
510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015 |
| Daniel M Dickinson |
director |
THAYER CAPITAL PARTNERS, 1455 PENNSYLVANIA AVENUE NW, STE 350, WASHINGTON DC 20004 |
| Cheryl H Johnson |
officer: Chief Human Resources Officer |
40 WESTMINSTER STREET, PROVIDENCE RI 02903 |
| William E Schaupp |
officer: Chief Accounting Officer |
PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272 |
| David Maclennan |
director |
14701 CHARLSON ROAD, EDEN PRAIRIE MN 55347 |
| Joseph E Creed |
officer: Interim CFO |
510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015 |
| Denise C Johnson |
officer: Group President |
C/O CATERPILLAR, INCORPORATED, 901 WEST WASHINGTON, CV41110, EAST PEORIA IL 61630 |
| Fish James C Jr |
director |
800 CAPITOL STREET 3000, HOUSTON TX 77002 |
| Judith Fran Marks |
director |
C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484 |
| Suzette M Long |
officer: Int. Executive Vice President |
510 LAKE COOK ROAD, SUITE 100, DEERFILED IL 60015 |
| Gary Michael Marvel |
officer: Chief Accounting Officer |
510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015 |
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CAT has been successfully added to your 