V2X (VVX) Interest Expense : $-113 Mil (TTM As of Sep. 2024)

View and export this data going back to 2014. Start your Free Trial

What is V2X Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. V2X's interest expense for the three months ended in Sep. 2024 was $ -27 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-113 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. V2X's Operating Income for the three months ended in Sep. 2024 was $ 50 Mil. V2X's Interest Expense for the three months ended in Sep. 2024 was $ -27 Mil. V2X's Interest Coverage for the quarter that ended in Sep. 2024 was 1.82. 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.

V2X Interest Expense Historical Data

The historical data trend for V2X'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.

V2X Interest Expense Chart

V2X Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-6.47

-4.79

-7.99

-62.04

-123.41

V2X 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															-30.59	-28.78	-27.86	-29.11	-27.34

V2X 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 $-113 Mil.

V2X (NYSE:VVX) 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.

V2X's Interest Expense for the three months ended in Sep. 2024 was $-27 Mil. Its Operating Income for the three months ended in Sep. 2024 was $50 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $1,126 Mil.

V2X'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	*	49.887	/	-27.339
	=	1.82

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

V2X Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » V2X Inc (NYSE:VVX) » Definitions » Interest Expense

Comparable Companies

TGI EVEX CDRE PL LUNR RDW EH VSEC DCO AIR GE RTX BA XPAR:AIR LMT XPAR:SAF GD TDG NOC LSE:RR.

Traded in Other Exchanges

1V1:Germany

Address

7901 Jones Branch Drive, Suite 700, McLean, VA, USA, 22102

Website

https://www.gov2x.com

V2X Inc is a U.S.-based company that provides services to the U.S. government. It operates as one segment and offers facility and logistics services and information technology mission support and engineering and digital integration services. The information technology and network communications capabilities consist of communications systems operations and maintenance, management and service support, systems installation and activation, system-of-systems engineering and software development, and mission support for the department of defense. The facility and logistics service include airfield management, ammunition management, civil engineering, communications, emergency services, life support activities, public works, security, transportation operations, and others.

Executives

Dino M Cusumano	director	C/O REV GROUP, INC., 111 EAST KILBOURN AVENUE, SUITE 2600, MILWAUKEE WI 53202
Aipcf Vi Vertex Aerospace Funding Lp	10 percent owner	C/O AIP 450 LEXINGTON AVENUE, 40TH FLOOR, NEW YORK NY 10017
Shawn Mural	officer: Senior Vice President and CFO	15197 CARVER COURT, WATERFORD VA 20197
Eric M Pillmore	director	C/O TYCO INTERNATIONAL (US) INC, 9 WEST 57TH ST 43RD FL., NEW YORK NY 10019
Abbas Elegba	director	7901 JONES BRANCH DRIVE, SUITE 700, MCLEAN VA 22102
Josephine F. Bjornson	officer: Chief Human Resources Officer	7901 JONES BRANCH DRIVE, SUITE 700, MCLEAN VA 22102
William Boyd Noon	officer: CVP, Chief Accounting Officer	150 FIELD DRIVE, SUITE 250, LAKE FOREST IL 60045
Michael James Smith	officer: See Remarks	C/O VECTRUS, INC., 2424 GARDEN OF THE GODS ROAD, SUITE 300, COLORADO SPRINGS CO 80919
Kevin T Boyle	officer: SVP, CLO & General Counsel	2424 GARDEN OF THE GODS ROAD, COLORADO SPRINGS CO 80919
Aipcf Vi, Llc	10 percent owner	450 LEXINGTON AVENUE, 40TH FLOOR, NEW YORK NY 10017
Lightship Capital Llc	10 percent owner	330 MADISON AVENUE, 28TH FLOOR, NEW YORK NY 10017
Stephen L Waechter	director	1100 N GLEBE ROAD, ARLINGTON VA 22201
Joel M. Rotroff	director	C/O REV GROUP, INC., 111 EAST KILBOURN AVENUE, SUITE 2600, MILWAUKEE WI 53202
Neil Snyder	director	C/O GARDNER DENVER HOLDINGS, INC., 222 EAST ERIE STREET, SUITE 500, MILWAUKEE WI 53202
American Industrial Partners Capital Fund Vi, L.p.	10 percent owner	330 MADISON AVENUE, 28TH FLOOR, NEW YORK NY 10017