What is IQVIA Holdings Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. IQVIA Holdings's interest expense for the
three
months ended in Dec. 2023 was $ -181 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-672 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. IQVIA Holdings's Operating Income for the
three
months ended in Dec. 2023 was $ 518 Mil. IQVIA Holdings's Interest Expense for the
three
months ended in Dec. 2023 was $ -181 Mil.
IQVIA Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 2.86.
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.
IQVIA Holdings 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 $-672 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.
IQVIA Holdings (NYSE:IQV) 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.
IQVIA Holdings's Interest Expense for the
three
months ended in Dec. 2023 was $-181 Mil. Its
Operating Income
for the
three
months ended in Dec. 2023 was $518 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2023 was $13,178 Mil.
IQVIA Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as
* 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.
IQVIA Holdings (IQVIA Holdings) Business Description
Traded in Other Exchanges
Address
2400 Ellis Road, Durham, NC, USA, 27703
IQVIA is the result of the 2016 merger of Quintiles, a leading global contract research organization, and IMS Health, a leading healthcare data and analytics provider. The Research & Development segment focuses primarily on providing outsourced late-stage clinical trials for pharmaceutical, device, and diagnostic firms. The technology and analytics segment provides aggregated information and technology services to clients in the healthcare industry, including pharmaceutical companies, providers, payers, and policymakers, as well as data and analytics capabilities for clinical trials, including virtual trials. The company also has a small contract sales business.
Executives
| Kevin C Knightly |
officer: Pres Info & Tech Solutions |
1499 POST ROAD, FAIRFIELD CT 06824 |
| Panagos Constantinos |
officer: See Remarks |
4280 EMPEROR BLVD, DURHAM NC 27703 |
| Eric Sherbet |
officer: See Remarks |
100 IMS DRIVE, PARSIPPANY NJ 07054-4235 |
| Keriann Cherofsky |
officer: See Remarks |
4280 EMPEROR BLVD, DURHAM NC 27703 |
| Sheila A Stamps |
director |
C/O CIT GROUP, 1 CIT DRIVE, ATTN: GENERAL COUNSEL, LIVINGSTON NJ 07039 |
| Morris Leslie Wims |
director |
4280 EMPEROR BLVD, DURHAM NC 27703 |
| John Connaughton |
director, 10 percent owner |
BAIN CAPITAL PARTNERS LLC, JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116 |
| Ronald E Bruehlman |
officer: See Remarks |
C/O IQVIA HOLDINGS, INC., 83 WOOSTER HEIGHTS ROAD, DANBURY CT 06810 |
| Ronald A Rittenmeyer |
director |
5400 LEGACY DRIVE, PLANO TX 75024 |
| Ari Bousbib |
director, officer: Chairman, CEO & Pres |
UNITED TECHNOLOGIES CORP, ONE FINANCIAL PLAZA, HARTFORD CT 06101 |
| W Richard Staub |
officer: See Remarks |
|
| Tpg Group Holdings (sbs) Advisors, Inc. |
10 percent owner |
C/O TPG GLOBAL, LLC, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102 |
| Michael J Evanisko |
director |
BRAUN CONSULTING, 20 W KINZIE STREET SUITE 1600, CHICAGO IL 60610 |
| Michael R Mcdonnell |
officer: Chief Financial Officer |
C/O IQVIA HOLDINGS INC., 83 WOOSTER HEIGHTS ROAD, DANBURY CT 06810 |
| John M. Leonard |
director |
C/O INTELLIA THERAPEUTICS INC, 40 ERIE STREET, SUITE 130, CAMBRIDGE MA 02139 |
IQVIA Holdings (IQVIA Holdings) Headlines
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