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Dell-VMWare Tracking Stock (XTER:12D) Interest Expense : €-130.50 Mil (TTM As of Oct. 2018)


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What is Dell-VMWare Tracking Stock Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dell-VMWare Tracking Stock's interest expense for the three months ended in Oct. 2018 was € -130.50 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2018 was €-130.50 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. Dell-VMWare Tracking Stock's Operating Income for the three months ended in Oct. 2018 was € 430.65 Mil. Dell-VMWare Tracking Stock's Interest Expense for the three months ended in Oct. 2018 was € -130.50 Mil. Dell-VMWare Tracking Stock's Interest Coverage for the quarter that ended in Oct. 2018 was 3.30. 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.


Dell-VMWare Tracking Stock Interest Expense Historical Data

The historical data trend for Dell-VMWare Tracking Stock'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.

Dell-VMWare Tracking Stock Interest Expense Chart

Dell-VMWare Tracking Stock Annual Data
Trend Jan17 Jan18
Interest Expense
- -

Dell-VMWare Tracking Stock Quarterly Data
Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
Interest Expense Get a 7-Day Free Trial Premium Member Only - - - - -130.50

Dell-VMWare Tracking Stock 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 Oct. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was €-130.50 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.


Dell-VMWare Tracking Stock  (XTER:12D) 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.

Dell-VMWare Tracking Stock's Interest Expense for the three months ended in Oct. 2018 was €-130.50 Mil. Its Operating Income for the three months ended in Oct. 2018 was €430.65 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2018 was €0.00 Mil.

Dell-VMWare Tracking Stock's Interest Coverage for the quarter that ended in Oct. 2018 is calculated as

Interest Coverage=-1* Operating Income (Q: Oct. 2018 )/Interest Expense (Q: Oct. 2018 )
=-1*430.65/-130.5
=3.30

* 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.


Dell-VMWare Tracking Stock (XTER:12D) Business Description

Traded in Other Exchanges
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Address
Dell-VMWare Tracking Stock was incorporated in the state of Delaware on January 31, 2013 under the name of Denali Holding Inc. It changed its name to Dell Technologies Inc. on August 25, 2016. On September 7, 2016, a merger subsidiary of Dell Technologies merged with and into EMC Corporation, with EMC Corporation surviving the merger as a wholly-owned subsidiary of Dell Technologies. The company has issued a tracking stock to track the performance of a portion of Dell Technologies' economic interest in the VMware business. It is an information technology company. The company offers virtualization and cloud infrastructure solutions, which enable organizations to manage IT resources across complex multi-cloud, multi-device environments.

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