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Conduent (STU:4C0) Interest Expense : €-95 Mil (TTM As of Jun. 2024)


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What is Conduent Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Conduent's interest expense for the three months ended in Jun. 2024 was € -18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-95 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. Conduent's Operating Income for the three months ended in Jun. 2024 was € -15 Mil. Conduent's Interest Expense for the three months ended in Jun. 2024 was € -18 Mil. Conduent 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.


Conduent Interest Expense Historical Data

The historical data trend for Conduent'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.

Conduent Interest Expense Chart

Conduent 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 -70.20 -49.32 -48.68 -79.30 -101.79

Conduent Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -24.92 -26.24 -26.59 -24.84 -17.65

Conduent 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 quarterly data reported by the company within the most recent 12 months, which was €-95 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.


Conduent  (STU:4C0) 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.

Conduent's Interest Expense for the three months ended in Jun. 2024 was €-18 Mil. Its Operating Income for the three months ended in Jun. 2024 was €-15 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was €867 Mil.

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

Conduent 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.


Conduent Business Description

Traded in Other Exchanges
Address
100 Campus Drive, Suite 200, Florham Park, NJ, USA, 07932
Conduent Inc acts as a provider of business process services with expertise in transaction-intensive processing, analytics, and automation. The company provides industry-focused service offerings in growth markets such as Healthcare and Transportation as well as provides multi-industry services such as transaction processing, customer care, and payment services. It operates through three segments namely Commercial Industries which is the key revenue-driving segment, Government Services, and Transportation. The group operates its business in the United States, Europe, and Other areas of which the majority of revenue is generated in the United States.

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