PACCAR (HAM:PAE) Interest Expense : €0 Mil (TTM As of Sep. 2024)

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What is PACCAR Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PACCAR's interest expense for the three months ended in Sep. 2024 was € 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €0 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. PACCAR's Operating Income for the three months ended in Sep. 2024 was € 1,012 Mil. PACCAR's Interest Expense for the three months ended in Sep. 2024 was € 0 Mil. GuruFocus does not calculate PACCAR's interest coverage with the available data. 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.

PACCAR Interest Expense Historical Data

The historical data trend for PACCAR'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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PACCAR Interest Expense Chart

PACCAR Annual Data

Trend

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Interest Expense

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-477.21

PACCAR Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

PACCAR 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 €0 Mil.

PACCAR (HAM:PAE) 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.

PACCAR's Interest Expense for the three months ended in Sep. 2024 was €0 Mil. Its Operating Income for the three months ended in Sep. 2024 was €1,012 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €9,031 Mil.

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

GuruFocus does not calculate PACCAR's interest coverage with the available data.

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

PACCAR Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » PACCAR Inc (HAM:PAE) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

PCAR:USA 0KET:UK PAE:Germany PAE:Germany PCAR:Austria PCAR:Argentina

Address

777-106th Avenue N.E., Bellevue, WA, USA, 98004

Website

https://www.paccar.com

Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt (primarily sold in the NAFTA region and Australia), and DAF trucks (sold in Europe and South America). The company's trucks are sold through more than 2,300 independent dealers globally. Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. The company commands roughly 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe.