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Cisco Systems (MIL:1CSCO) Interest Expense : €-1,212 Mil (TTM As of Oct. 2024)


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What is Cisco Systems Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cisco Systems's interest expense for the three months ended in Oct. 2024 was € -384 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2024 was €-1,212 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. Cisco Systems's Operating Income for the three months ended in Oct. 2024 was € 2,775 Mil. Cisco Systems's Interest Expense for the three months ended in Oct. 2024 was € -384 Mil. Cisco Systems's Interest Coverage for the quarter that ended in Oct. 2024 was 7.23. 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.

Cisco Systems Interest Expense Historical Data

The historical data trend for Cisco Systems'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.

* Premium members only.

Cisco Systems Interest Expense Chart

Cisco Systems Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -508.95 -367.16 -353.88 -386.01 -927.53

Cisco Systems Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -105.12 -110.16 -332.72 -385.40 -383.72

Cisco Systems 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 Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1,212 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.

Cisco Systems  (MIL:1CSCO) 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.

Cisco Systems's Interest Expense for the three months ended in Oct. 2024 was €-384 Mil. Its Operating Income for the three months ended in Oct. 2024 was €2,775 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2024 was €18,014 Mil.

Cisco Systems's Interest Coverage for the quarter that ended in Oct. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Oct. 2024 )/Interest Expense (Q: Oct. 2024 )
=-1*2775.114/-383.724
=7.23

* 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.

Cisco Systems Business Description

Industry
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Traded in Other Exchanges
CSCO:USA CSCO:Peru CSCO:Mexico CISd:UK CIS:Germany CIS:Germany CIS:Germany CIS:Germany CSCO:Canada CSCO34:Brazil CSCO:Austria CSCO:Argentina
Address
170 West Tasman Drive, San Jose, CA, USA, 95134-1706
Website
https://www.cisco.com
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software such as firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff-25,000 strong across 90 countries. Overall, Cisco employs 80,000 people and sells its products globally.

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