GURUFOCUS.COM » STOCK LIST » Technology » Software » SAP SE (OTCPK:SAPGF) » Definitions » Interest Expense

SAPGF (SAP SE) Interest Expense : $-633 Mil (TTM As of Sep. 2024)


View and export this data going back to 2009. Start your Free Trial

What is SAP SE Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SAP SE's interest expense for the three months ended in Sep. 2024 was $ -267 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-633 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. SAP SE's Operating Income for the three months ended in Sep. 2024 was $ 2,401 Mil. SAP SE's Interest Expense for the three months ended in Sep. 2024 was $ -267 Mil. SAP SE's Interest Coverage for the quarter that ended in Sep. 2024 was 8.98. 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.


SAP SE Interest Expense Historical Data

The historical data trend for SAP SE'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.

SAP SE Interest Expense Chart

SAP SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -486.67 -431.87 -328.81 -421.61 -859.32

SAP SE 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 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 -297.76 160.31 -265.22 -260.50 -267.48

SAP SE 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 $-633 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.


SAP SE  (OTCPK:SAPGF) 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.

SAP SE's Interest Expense for the three months ended in Sep. 2024 was $-267 Mil. Its Operating Income for the three months ended in Sep. 2024 was $2,401 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $7,812 Mil.

SAP SE'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*2400.666/-267.481
=8.98

* 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.


SAP SE Business Description

Address
Dietmar-Hopp-Allee 16, Walldorf, BW, DEU, 69190
Founded in 1972 by former IBM employees, SAP provides database technology and enterprise resource planning software to enterprises around the world. Across more than 180 countries, the company serves 440,000 customers, approximately 80% of which are small- to medium-size enterprises.