Aptiv (APTV) Interest Expense : $-285 Mil (TTM As of Dec. 2023)

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What is Aptiv Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aptiv's interest expense for the three months ended in Dec. 2023 was $ -71 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-285 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. Aptiv's Operating Income for the three months ended in Dec. 2023 was $ 485 Mil. Aptiv's Interest Expense for the three months ended in Dec. 2023 was $ -71 Mil. Aptiv's Interest Coverage for the quarter that ended in Dec. 2023 was 6.83. 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.

Aptiv Interest Expense Historical Data

The historical data trend for Aptiv'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.

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Aptiv Interest Expense Chart

Aptiv Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-164.00

-150.00

-219.00

-285.00

Aptiv Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-62.00	-67.00	-72.00	-75.00	-71.00

Aptiv 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-285 Mil.

Aptiv (NYSE:APTV) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Aptiv's Interest Expense for the three months ended in Dec. 2023 was $-71 Mil. Its Operating Income for the three months ended in Dec. 2023 was $485 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $6,657 Mil.

Aptiv's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	485	/	-71
	=	6.83

The higher the ratio, the stronger the company's financial strength is.

Aptiv (APTV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Aptiv PLC (NYSE:APTV) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

APTV:Mexico D7A:Germany D7A:Germany APTV34:Brazil

Address

5 Hanover Quay, Grand Canal Dock, Dublin, IRL, D02 VY79

Website

https://www.aptiv.com

Aptiv's signal and power solutions segment supplies components and systems that make up a vehicle's electrical system, including wiring assemblies and harnesses, connectors, electrical centers, and hybrid electrical systems. The advanced safety and user experience segment provides body controls, infotainment and connectivity systems, passive and active safety electronics, advanced driver-assist technologies, and displays, as well as the development of software for these systems. Aptiv's largest customers are General Motors and Stellantis, both at roughly 9% of 2022 revenue, followed by Ford and Volkswagen, both at 8%. North America and Europe represented approximately 37% and 31% of total 2022 revenue, respectively.

Executives

Joseph R Massaro	officer: SVP and CFO	5725 DELPHI DRIVE, TROY MI 48098
Kevin P Clark	officer: VP & CFO
Nancy E Cooper	director	26 CHERRY TREE LANE, RIVERSIDE CT 06878
William T. Presley	officer: SVP & President, S&PS	5725 INNOVATION DRIVE, TROY MI 48098
Matthew M Cole	officer: SVP & President, ASUX	ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111
Obed D. Louissaint	officer: SVP & Chief People Officer	5725 INNOVATION DRIVE, TROY MI 48098
Benjamin Lyon	officer: SVP & CTO	1900 SKYHAWK STREET, ALAMEDA CA 94501
Sophia Velastegui	officer: SVP & Chief Product Officer	21300 VICTORY BLVD., 12TH FLOOR, WOODLAND HILLS CA 91367
Mariya K. Trickett	officer: SVP and CHRO	5725 INNOVATION DRIVE, TROY MI 48098
Merit E Janow	director	C/O TRIMBLE INC., 935 STEWART DRIVE, SUNNYVALE CA 94085
De Vos Glen W.	officer: SVP & CTO	5725 INNOVATION DRIVE, TROY MI 48098
Katherine H Ramundo	officer: SVP, CLO, CCO & Secretary	C/O APTIV, 5725 INNOVATION DRIVE, TROY MI 48098
David M Sherbin	officer: VP, GC & Secretary	4181 AO SOUTHMOOR LANE, WEST BLOOMFIELD MI 48323
Richard L Clemmer	director	P O BOX 34552, LAS VEGAS NV 89129
Joseph L Hooley	director	STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111