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Ford Motor Co (WBO:FORD) Interest Expense : €-1,053 Mil (TTM As of Dec. 2024)


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What is Ford Motor Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ford Motor Co's interest expense for the three months ended in Dec. 2024 was € -279 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-1,053 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. Ford Motor Co's Operating Income for the three months ended in Dec. 2024 was € 1,176 Mil. Ford Motor Co's Interest Expense for the three months ended in Dec. 2024 was € -279 Mil. Ford Motor Co's Interest Coverage for the quarter that ended in Dec. 2024 was 4.22. 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.

Ford Motor Co Interest Expense Historical Data

The historical data trend for Ford Motor 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.

Ford Motor Co Interest Expense Chart

Ford Motor 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 -1,357.12 -1,595.66 -1,210.21 -1,208.61 -1,084.88

Ford Motor 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 -339.29 -268.64 -259.19 -245.97 -278.86

Ford Motor 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 €-1,053 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.

Ford Motor Co  (WBO:FORD) 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.

Ford Motor Co's Interest Expense for the three months ended in Dec. 2024 was €-279 Mil. Its Operating Income for the three months ended in Dec. 2024 was €1,176 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was €100,614 Mil.

Ford Motor 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*1175.605/-278.86
=4.22

* 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.

Ford Motor Co Business Description

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Address
One American Road, Dearborn, MI, USA, 48126
Website
https://www.ford.com
Ford Motor Co. manufactures automobiles under its Ford and Lincoln brands. In March 2022, the company announced that it will run its combustion engine business, Ford Blue, and its BEV business, Ford Model e, as separate businesses but still all under Ford Motor. The company has nearly 13% market share in the United States, about 10% share in the UK, and under 2% share in China including unconsolidated affiliates. Sales in the US made up about 68% of 2024 total company revenue. Ford has about 171,000 employees, including about 56,500 UAW employees, and is based in Dearborn, Michigan.