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MRVL (Marvell Technology) Interest Expense : $-198 Mil (TTM As of Oct. 2024)


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What is Marvell Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Marvell Technology's interest expense for the three months ended in Oct. 2024 was $ -48 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2024 was $-198 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. Marvell Technology's Operating Income for the three months ended in Oct. 2024 was $ -345 Mil. Marvell Technology's Interest Expense for the three months ended in Oct. 2024 was $ -48 Mil. Marvell Technology did not have earnings to cover the interest expense. 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.


Marvell Technology Interest Expense Historical Data

The historical data trend for Marvell Technology'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.

Marvell Technology Interest Expense Chart

Marvell Technology Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -85.63 -69.30 -139.30 -170.60 -211.70

Marvell Technology 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 -52.60 -52.60 -48.80 -48.40 -47.70

Marvell Technology 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 $-198 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.


Marvell Technology  (NAS:MRVL) 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.

Marvell Technology's Interest Expense for the three months ended in Oct. 2024 was $-48 Mil. Its Operating Income for the three months ended in Oct. 2024 was $-345 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2024 was $4,169 Mil.

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

Marvell Technology did not have earnings to cover the interest expense.

* 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.


Marvell Technology Business Description

Address
1000 N. West Street, Suite 1200, Wilmington, DE, USA, 19801
Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.
Executives
Willem A Meintjes officer: SVP, Chief Accounting Officer 5488 MARVELL LANE, SANTA CLARA CA 95054
Chris Koopmans officer: EVP, Chief Operations Officer 5488 MARVELL LANE, SANTA CLARA CA 94061
Muhammad Raghib Hussain officer: President, Products & Tech 5488 MARVELL LANE, SANTA CLARA CA 95054
Matthew J Murphy director, officer: CEO and President MARVELL SEMICONDUCTOR, INC., 5488 MARVELL LANE, SANTA CLARA CA 95054
Ford Tamer director 3945 FREEDOM CIRCLE SUITE 1100, SANTA CLARA CA 95054
Mitchell Gaynor officer: EVP, CALO MARVELL SEMICONDUCTOR, INC., 5488 MARVELL LANE, SANTA CLARA CA 95054
Loi Nguyen officer: Executive Vice President 1000 N. WEST STREET, SUITE 1200, WILMINGTON DE 19801
Michael G Strachan director LSI CORPORATION, 1621 BARBER LANE, MILPITAS CA 95035
Dan Christman officer: EVP, Storage Business Group 5488 MARVELL LANE, SANTA CLARA CA 95054
Sandeep Bharathi officer: Chief Development Officer 5488 MARVELL LANE, SANTA CLARA CA 95054
Jarnac Dean E Jr. officer: EVP Worldwide Sales 5488 MARVELL LANE, SANTA CLARA CA 95054
Panteha Dixon officer: Chief Accounting Officer 5488 MARVELL LANE, SANTA CLARA CA 95054
Nariman Yousefi officer: Executive Vice President 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Rebecca W House director 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Sara C Andrews director C/O LOGMEIN, INC., 320 SUMMER STREET, BOSTON MA 02210