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Bayerische Motoren Werke AG (WBO:BMWG) Interest Expense : €-725 Mil (TTM As of Sep. 2024)


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What is Bayerische Motoren Werke AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bayerische Motoren Werke AG's interest expense for the three months ended in Sep. 2024 was € -184 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-725 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. Bayerische Motoren Werke AG's Operating Income for the three months ended in Sep. 2024 was € 1,696 Mil. Bayerische Motoren Werke AG's Interest Expense for the three months ended in Sep. 2024 was € -184 Mil. Bayerische Motoren Werke AG's Interest Coverage for the quarter that ended in Sep. 2024 was 9.22. 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.

Bayerische Motoren Werke AG Interest Expense Historical Data

The historical data trend for Bayerische Motoren Werke AG'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.

Bayerische Motoren Werke AG Interest Expense Chart

Bayerische Motoren Werke AG 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 -499.00 -458.00 -236.00 -230.00 -656.00

Bayerische Motoren Werke AG 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 -125.00 -287.00 -151.00 -103.00 -184.00

Bayerische Motoren Werke AG 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 €-725 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.

Bayerische Motoren Werke AG  (WBO:BMWG) 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.

Bayerische Motoren Werke AG's Interest Expense for the three months ended in Sep. 2024 was €-184 Mil. Its Operating Income for the three months ended in Sep. 2024 was €1,696 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €0 Mil.

Bayerische Motoren Werke AG'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*1696/-184
=9.22

* 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.

Bayerische Motoren Werke AG Business Description

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Address
Petuelring 130, Munich, BY, DEU, 80809
Website
https://www.bmwgroup.com
BMW is a premium passenger car and motorcycle original equipment manufacturer, home to the brands BMW, Mini Cooper, Rolls-Royce, and BMW Motorrad. BMW sold 2.8 million vehicles in 2023 (2.6 million being passenger cars). In terms of sales volumes, Asia and Europe are BMW's largest regions, contributing 39% and 38%, respectively. BMW's core competence is in the "affordable" luxury channel, with limited exposure to high-end priced vehicles.

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