ERJ (Embraer) Interest Expense : $-256 Mil (TTM As of Sep. 2024)

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What is Embraer Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Embraer's interest expense for the three months ended in Sep. 2024 was $ -124 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-256 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. Embraer's Operating Income for the three months ended in Sep. 2024 was $ 288 Mil. Embraer's Interest Expense for the three months ended in Sep. 2024 was $ -124 Mil. Embraer's Interest Coverage for the quarter that ended in Sep. 2024 was 2.32. 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.

Embraer Interest Expense Historical Data

The historical data trend for Embraer'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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Embraer Interest Expense Chart

Embraer Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-208.30

-219.80

-243.90

-211.40

-221.00

Embraer Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-58.10	29.30	-82.30	-78.70	-123.80

Embraer 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-256 Mil.

Embraer (NYSE:ERJ) 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.

Embraer's Interest Expense for the three months ended in Sep. 2024 was $-124 Mil. Its Operating Income for the three months ended in Sep. 2024 was $288 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $2,639 Mil.

Embraer's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	287.8	/	-123.8
	=	2.32

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

Embraer Business Description

Industry

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Traded in Other Exchanges

ERJ:Mexico EMY:Germany EMY:Germany EMY:Germany EMBR3:Brazil ERJ:Argentina

Address

Avenida Dra. Ruth Cardoso, 8501, 30th Floor, Pinheiros, SP, BRA, 05425-070

Website

https://ri.embraer.com.br

Embraer SA based in Sao Paulo, Brazil, manufacturer of jets. Its focus is to achieve customer satisfaction with and services addressing the commercial airline, executive jets, and defense and security markets. It has developed a customer-centric technology-driven portfolio of commercial aviation products and services that allows it to build long-term relationships with clients in the commercial aviation, executive jets, and defense and security markets. It operates through the following segments: Commercial Aviation; Defense and Security, Executive Aviation, Service and Support, and Other Segments. The company generates maximum revenue from the Commercial Aviation segment.