Exxon Mobil (UKEX:XOM) Interest Expense : ₴-36,009 Mil (TTM As of Mar. 2024)

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What is Exxon Mobil Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Exxon Mobil's interest expense for the three months ended in Mar. 2024 was ₴ -8,735 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₴-36,009 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. Exxon Mobil's Operating Income for the three months ended in Mar. 2024 was ₴ 392,025 Mil. Exxon Mobil's Interest Expense for the three months ended in Mar. 2024 was ₴ -8,735 Mil. Exxon Mobil's Interest Coverage for the quarter that ended in Mar. 2024 was 44.88. 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.

Exxon Mobil Interest Expense Historical Data

The historical data trend for Exxon Mobil'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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Exxon Mobil Interest Expense Chart

Exxon Mobil Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-32,807.13

-45,771.88

-37,431.75

-31,542.28

-33,558.14

Exxon Mobil Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-6,284.74	-9,842.14	-6,680.01	-10,751.25	-8,735.39

Exxon Mobil 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 ₴-36,009 Mil.

Exxon Mobil (UKEX:XOM) 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.

Exxon Mobil's Interest Expense for the three months ended in Mar. 2024 was ₴-8,735 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₴392,025 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₴1,273,272 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	392025.464	/	-8735.393
	=	44.88

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

Exxon Mobil (UKEX:XOM) Business Description

Industry

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Address

5959 Las Colinas Boulevard, Irving, TX, USA, 75039-2298

Website

https://www.exxonmobil.com

ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 2.4 million barrels of liquids and 8.3 billion cubic feet of natural gas per day. At the end of 2022, reserves were 17.7 billion barrels of oil equivalent, 65% of which were liquids. The company is the world's largest refiner with a total global refining capacity of 4.6 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.