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WMMVY (Wal - Mart de MexicoB de CV) Interest Expense : $-848 Mil (TTM As of Sep. 2024)


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What is Wal - Mart de MexicoB de CV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wal - Mart de MexicoB de CV's interest expense for the three months ended in Sep. 2024 was $ -114 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-848 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. Wal - Mart de MexicoB de CV's Operating Income for the three months ended in Sep. 2024 was $ 951 Mil. Wal - Mart de MexicoB de CV's Interest Expense for the three months ended in Sep. 2024 was $ -114 Mil. Wal - Mart de MexicoB de CV's Interest Coverage for the quarter that ended in Sep. 2024 was 8.34. 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.

Wal - Mart de MexicoB de CV Interest Expense Historical Data

The historical data trend for Wal - Mart de MexicoB de CV'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.

Wal - Mart de MexicoB de CV Interest Expense Chart

Wal - Mart de MexicoB de CV 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 -305.01 -322.23 -315.83 -361.60 -461.67

Wal - Mart de MexicoB de CV 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 -86.77 -461.67 -153.13 -118.68 -114.06

Wal - Mart de MexicoB de CV 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 $-848 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.

Wal - Mart de MexicoB de CV  (OTCPK:WMMVY) 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.

Wal - Mart de MexicoB de CV's Interest Expense for the three months ended in Sep. 2024 was $-114 Mil. Its Operating Income for the three months ended in Sep. 2024 was $951 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $3,730 Mil.

Wal - Mart de MexicoB de CV'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*950.857/-114.058
=8.34

* 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.

Wal - Mart de MexicoB de CV Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Wal - Mart de Mexico SAB de CV (OTCPK:WMMVY) » Definitions » Interest Expense
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Traded in Other Exchanges
WMMVF:USA WALMEX:Mexico 4GNB:Germany
Address
Nextengo No. 78, Santa Cruz Acayucan, Mexico DF, MEX, 02770
Website
https://www.walmartmexico.com
Wal - Mart de Mexico SAB de CV is the owner and operator of Wal-Mart branded self-service stores in Mexico and Central America. Wal-Mart de Mexico is a subsidiary of Wal-Mart Stores Incorporated, based in the United States. The company generates the majority of revenue in Mexico and a small proportion of revenue from the rest of Central America. The company operates discount stores, hypermarkets, supermarkets, wholesale stores, and pharmacies. The company also engages in the import and sale of goods, property development, and real estate management activities.