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GLOBALFOUNDRIES (GLOBALFOUNDRIES) Interest Expense : $0 Mil (TTM As of Mar. 2024)


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What is GLOBALFOUNDRIES Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GLOBALFOUNDRIES's interest expense for the three months ended in Mar. 2024 was $ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 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. GLOBALFOUNDRIES's Operating Income for the three months ended in Mar. 2024 was $ 147 Mil. GLOBALFOUNDRIES's Interest Expense for the three months ended in Mar. 2024 was $ 0 Mil. GuruFocus does not calculate GLOBALFOUNDRIES'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.


GLOBALFOUNDRIES Interest Expense Historical Data

The historical data trend for GLOBALFOUNDRIES'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.

GLOBALFOUNDRIES Interest Expense Chart

GLOBALFOUNDRIES Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -202.78 -133.00 -99.00 -92.00 -101.00

GLOBALFOUNDRIES Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

GLOBALFOUNDRIES 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 $0 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.


GLOBALFOUNDRIES  (NAS:GFS) 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.

GLOBALFOUNDRIES's Interest Expense for the three months ended in Mar. 2024 was $0 Mil. Its Operating Income for the three months ended in Mar. 2024 was $147 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $2,510 Mil.

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

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

* 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.


GLOBALFOUNDRIES (GLOBALFOUNDRIES) Business Description

Traded in Other Exchanges
Address
400 Stonebreak Road Extension, Malta, NY, USA, 12020
GlobalFoundries is a top-five contract semiconductor manufacturer globally. It was originally the manufacturing arm of Advanced Micro Devices before it was spun out in 2009. The foundry sells chips into a range of end markets including smartphones, PCs, Internet of Things, data centers, automotive, industrial, and so on, but primarily focuses on more mature process technologies. Until 2021, the firm was privately held by Mubadala Investment, the sovereign wealth fund of the United Arab Emirates. GlobalFoundries merged with Chartered Semiconductor Manufacturing in 2009 and acquired IBM's chipmaking business in 2015. GF is headquartered in Malta, New York, and employs about 14,000 people.