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Exxon Mobil (XTER:XONA) Interest Expense : €-891 Mil (TTM As of Sep. 2024)


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What is Exxon Mobil Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Exxon Mobil's interest expense for the three months ended in Sep. 2024 was € -187 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-891 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. Exxon Mobil's Operating Income for the three months ended in Sep. 2024 was € 9,949 Mil. Exxon Mobil's Interest Expense for the three months ended in Sep. 2024 was € -187 Mil. Exxon Mobil's Interest Coverage for the quarter that ended in Sep. 2024 was 53.34. 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.

Exxon Mobil Interest Expense Historical Data

The historical data trend for Exxon Mobil'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.

Exxon Mobil Interest Expense Chart

Exxon Mobil 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 -747.00 -951.88 -838.10 -753.31 -778.53

Exxon Mobil 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 -158.35 -249.42 -203.32 -251.76 -186.51

Exxon Mobil 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 €-891 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.

Exxon Mobil  (XTER:XONA) 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.

Exxon Mobil's Interest Expense for the three months ended in Sep. 2024 was €-187 Mil. Its Operating Income for the three months ended in Sep. 2024 was €9,949 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €33,263 Mil.

Exxon Mobil'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*9948.842/-186.507
=53.34

* 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.

Exxon Mobil Business Description

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Traded in Other Exchanges
XOM:USA XOM:Peru XOM:Mexico XOM_KZ:Kazakhstan 1XOM:Italy XONAd:UK XON:Germany XONA:Germany XONA:Germany XONA:Germany XOM:Canada EXXO34:Brazil XONA:Bulgaria XOM:Austria XOM:Argentina
Address
22777 Springwoods Village Parkway, Spring, TX, USA, 77389-1425
Website
https://www.exxonmobil.com
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2023, it produced 2.4 million barrels of liquids and 7.7 billion cubic feet of natural gas per day. At the end of 2023, reserves were 16.9 billion barrels of oil equivalent, 66% of which were liquids. The company is one of the world's largest refiners with a total global refining capacity of 4.5 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.

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