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Archer-Daniels-Midland Co (WBO:ARDA) Interest Expense : €-654 Mil (TTM As of Dec. 2024)


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What is Archer-Daniels-Midland Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Archer-Daniels-Midland Co's interest expense for the three months ended in Dec. 2024 was € -171 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-654 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. Archer-Daniels-Midland Co's Operating Income for the three months ended in Dec. 2024 was € 396 Mil. Archer-Daniels-Midland Co's Interest Expense for the three months ended in Dec. 2024 was € -171 Mil. Archer-Daniels-Midland Co's Interest Coverage for the quarter that ended in Dec. 2024 was 2.32. 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.


Archer-Daniels-Midland Co Interest Expense Historical Data

The historical data trend for Archer-Daniels-Midland Co'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.

Archer-Daniels-Midland Co Interest Expense Chart

Archer-Daniels-Midland Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -278.66 -234.53 -373.82 -593.30 -674.23

Archer-Daniels-Midland Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -151.31 -152.72 -173.72 -156.77 -170.95

Archer-Daniels-Midland Co 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-654 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.


Archer-Daniels-Midland Co  (WBO:ARDA) 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.

Archer-Daniels-Midland Co's Interest Expense for the three months ended in Dec. 2024 was €-171 Mil. Its Operating Income for the three months ended in Dec. 2024 was €396 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was €8,248 Mil.

Archer-Daniels-Midland Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*396.325/-170.945
=2.32

* 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.


Archer-Daniels-Midland Co Business Description

Address
77 West Wacker Drive, Suite 4600, Chicago, IL, USA, 60601
Archer-Daniels Midland is a major processor of oilseeds, corn, wheat, and other agricultural commodities. The company is also one of the largest grain merchandisers through its extensive network of logistical assets to store and transport crops around the globe. ADM also runs a nutrition business that focuses on both human and animal ingredients and is a large producer of corn-based sweeteners, starches, and ethanol.

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