RNLSY (Renault) Interest Expense : $-215 Mil (TTM As of Jun. 2024)

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What is Renault Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Renault's interest expense for the six months ended in Jun. 2024 was $ -215 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-215 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. Renault's Operating Income for the six months ended in Jun. 2024 was $ 2,357 Mil. Renault's Interest Expense for the six months ended in Jun. 2024 was $ -215 Mil. Renault's Interest Coverage for the quarter that ended in Jun. 2024 was 10.95. 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.

Renault Interest Expense Historical Data

The historical data trend for Renault'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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Renault Interest Expense Chart

Renault Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-451.34

-352.54

-391.95

-401.31

Renault Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial															-209.75	-219.94	-179.94	-215.29	-

Renault 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-215 Mil.

Renault (OTCPK:RNLSY) 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.

Renault's Interest Expense for the six months ended in Jun. 2024 was $-215 Mil. Its Operating Income for the six months ended in Jun. 2024 was $2,357 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was $7,210 Mil.

Renault's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	2357.374	/	-215.285
	=	10.95

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

Renault Business Description

Industry

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Traded in Other Exchanges

RNSDF:USA 1RNO:Italy RNOp:UK 0NQF:UK RNO:France RNL:Germany RNO:Austria

Address

13-15, quai Le Gallo, Boulogne, Billancourt, FRA, 92100

Website

http://www.renault.com

Renault manufactures and sells around 2.2 million vehicles per year. On a global scale, it is relatively small, with just over 2% market share. With around 80% of its revenue sourced from only three brands - Renault, Dacia, and Alpine - in Europe, the company is the third-largest player, with Renault being the second-largest single brand in Europe. Its alliance with Nissan allows it to leverage the scale of 6 million vehicles by sharing platform infrastructure, capacity, and R&D.