Valvoline (Valvoline) Interest Expense : $-38 Mil (TTM As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Valvoline Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Valvoline's interest expense for the three months ended in Dec. 2023 was $ -14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-38 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. Valvoline's Operating Income for the three months ended in Dec. 2023 was $ 60 Mil. Valvoline's Interest Expense for the three months ended in Dec. 2023 was $ -14 Mil. Valvoline's Interest Coverage for the quarter that ended in Dec. 2023 was 4.38. 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.

Valvoline Interest Expense Historical Data

The historical data trend for Valvoline'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.

Valvoline Interest Expense Chart

Valvoline Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

Get a 7-Day Free Trial

-73.00

-92.10

-111.00

-69.30

-38.30

Valvoline 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															-18.70	-13.30	-	-10.90	-13.60

Valvoline 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 $-38 Mil.

Valvoline (NYSE:VVV) 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.

Valvoline's Interest Expense for the three months ended in Dec. 2023 was $-14 Mil. Its Operating Income for the three months ended in Dec. 2023 was $60 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $1,811 Mil.

Valvoline'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	*	59.5	/	-13.6
	=	4.38

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

Valvoline (Valvoline) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Valvoline Inc (NYSE:VVV) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

0V4:Germany

Address

100 Valvoline Way, Suite 100, Lexington, KY, USA, 40509

Website

https://www.valvoline.com

Valvoline Inc produces, markets, and sells automotive maintenance products, particularly lubricants, to retail outlets installers, and customers. The company offers various products such as engine oil, heavy-duty engine oil, motorcycle oil, grease and brake fluid, and others. Geographically, the majority of the revenue is generated from the United States of America.

Executives

Julie Marie O'daniel	officer: Gen Counsel, Corp Secy and SVP	3499 BLAZER PARKWAY, LEXINGTON KY 40509
Robert Travis Dobbins	officer: SVP & Chief Technology Officer	100 VALVOLINE WAY, LEXINGTON KY 40509
Linne Fulcher	officer: Chief Operating Officer	100 VALVOLINE WAY, SUITE 100, LEXINGTON KY 40509-2714
Richard Joseph Freeland	director	927 JUNCO DRIVE, COLUMBUS IN 47201
Lori Ann Flees	officer: SVP and Pres., Retail Services	100 VALVOLINE WAY, LEXINGTON KY 40509
Mary E Meixelsperger	officer: Chief Financial Officer	810 DSW DRIVE, COLUMBUS OH 43219
Vada O Manager	director	NIKE, INC, ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Patrick Pacious	director	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Heidi J. Matheys	officer: Chief Marketing Officer	3499 BLAZER PARKWAY, LEXINGTON KY 40509
Dione Sturgeon	officer: Chief Accounting Officer	100 VALVOLINE WAY, LEXINGTON KY 40509
Michael S. Ryan	officer: Chief Accounting Officer	1000 EAST HANES MILL ROAD, WINSTON SALEM NC 27105
Gerrald Thomas A. Ii	officer: Senior Vice President	3499 BLAZER PARKWAY, LEXINGTON KY 40509
Jennifer Lynn Slater	director	5757 N GREEN BAY AVENUE FLORIST, TOWER MILWAUKEE WI 53209
Jamal K Muashsher	officer: SVP, International	100 VALVOLINE WAY, LEXINGTON KY 40509
Anthony R. Puckett	officer: President, Quick Lubes	3499 BLAZER PARKWAY, LEXINGTON KY 40509