Arrow Electronics (FRA:ARW) Interest Expense : €-304 Mil (TTM As of Mar. 2024)

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What is Arrow Electronics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Arrow Electronics's interest expense for the three months ended in Mar. 2024 was € -73 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-304 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. Arrow Electronics's Operating Income for the three months ended in Mar. 2024 was € 213 Mil. Arrow Electronics's Interest Expense for the three months ended in Mar. 2024 was € -73 Mil. Arrow Electronics's Interest Coverage for the quarter that ended in Mar. 2024 was 2.91. 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.

Arrow Electronics Interest Expense Historical Data

The historical data trend for Arrow Electronics'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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Arrow Electronics Interest Expense Chart

Arrow Electronics Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-183.37

-112.79

-116.58

-175.25

-301.44

Arrow Electronics Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-74.40	-78.30	-77.00	-75.24	-73.24

Arrow Electronics 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-304 Mil.

Arrow Electronics (FRA:ARW) 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.

Arrow Electronics's Interest Expense for the three months ended in Mar. 2024 was €-73 Mil. Its Operating Income for the three months ended in Mar. 2024 was €213 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €2,422 Mil.

Arrow Electronics's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	213.293	/	-73.236
	=	2.91

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

Arrow Electronics (FRA:ARW) Business Description

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ARW:USA ARW:Germany

Address

9201 East Dry Creek Road, Centennial, CO, USA, 80112

Website

https://investor.arrow.com

Arrow Electronics Inc. is a provider of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. It has one of the world's broadest portfolios of product offerings available from electronic components and enterprise computing solutions suppliers, coupled with a range of services, solutions, and software, the company helps industrial and commercial customers introduce products, reduce their time to market, and enhance their overall competitiveness. The company has two business segments, the components business and the enterprise computing solutions.