The Western Union Co (LTS:0LVJ) Interest Expense : $-116 Mil (TTM As of Sep. 2024)

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What is The Western Union Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The Western Union Co's interest expense for the three months ended in Sep. 2024 was $ -32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-116 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. The Western Union Co's Operating Income for the three months ended in Sep. 2024 was $ 165 Mil. The Western Union Co's Interest Expense for the three months ended in Sep. 2024 was $ -32 Mil. The Western Union Co's Interest Coverage for the quarter that ended in Sep. 2024 was 5.12. 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.

The Western Union Co Interest Expense Historical Data

The historical data trend for The Western Union Co'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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The Western Union Co Interest Expense Chart

The Western Union Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-152.00

-118.50

-105.50

-101.00

-105.30

The Western Union Co 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															-27.00	-26.30	-26.10	-31.10	-32.20

The Western Union Co 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 $-116 Mil.

The Western Union Co (LTS:0LVJ) 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.

The Western Union Co's Interest Expense for the three months ended in Sep. 2024 was $-32 Mil. Its Operating Income for the three months ended in Sep. 2024 was $165 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $1,642 Mil.

The Western Union Co'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	*	164.9	/	-32.2
	=	5.12

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

The Western Union Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » The Western Union Co (LTS:0LVJ) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

WU:USA WU:Mexico W3U:Germany W3U:Germany WUNI34:Brazil

Address

7001 East Belleview Avenue, Denver, CO, USA, 80237

Website

https://www.westernunion.com

Western Union provides domestic and international money transfers through its global network of about 600,000 outside agents. The company handled over 270 million transactions in 2023 and is the largest money transfer company in the world.

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