Core & Main (Core & Main) Interest Expense : $-98 Mil (TTM As of Apr. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Core & Main Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Core & Main's interest expense for the three months ended in Apr. 2024 was $ -34 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 2024 was $-98 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. Core & Main's Operating Income for the three months ended in Apr. 2024 was $ 168 Mil. Core & Main's Interest Expense for the three months ended in Apr. 2024 was $ -34 Mil. Core & Main's Interest Coverage for the quarter that ended in Apr. 2024 was 4.94. 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.

Core & Main Interest Expense Historical Data

The historical data trend for Core & Main'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.

Core & Main Interest Expense Chart

Core & Main Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Interest Expense

Get a 7-Day Free Trial

-113.00

-139.00

-98.00

-66.00

-81.00

Core & Main Quarterly Data
	Jan19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Interest Expense	Get a 7-Day Free Trial														-17.00	-22.00	-20.00	-22.00	-34.00

Core & Main 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 Apr. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-98 Mil.

Core & Main (NYSE:CNM) 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.

Core & Main's Interest Expense for the three months ended in Apr. 2024 was $-34 Mil. Its Operating Income for the three months ended in Apr. 2024 was $168 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Apr. 2024 was $2,546 Mil.

Core & Main's Interest Coverage for the quarter that ended in Apr. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Apr. 2024 )	/	Interest Expense (Q: Apr. 2024 )
	=	-1	*	168	/	-34
	=	4.94

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

Core & Main (Core & Main) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Core & Main Inc (NYSE:CNM) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1830 Craig Park Court, Saint Louis, MO, USA, 63146

Website

https://www.coreandmain.com

Core & Main Inc is a distributor of water, sewer, storm drain, and fire protection products in the United States. It combines local expertise with a national supply chain to provide contractors and municipalities solutions for new construction and aging infrastructure.

Executives

John R Schaller	officer: President, Waterworks	C/O CORE & MAIN, INC., 1830 CRAIG PARK COURT, ST. LOUIS MO 63146
Orvin T Kimbrough	director	C/O CORE & MAIN, INC., 1830 CRAIG PARK COURT, ST. LOUIS MO 63146
Stephen O Leclair	director, officer: Chief Executive Officer	3100 CUMBERLAND BLVD, SUITE 1700, ATLANTA GA 30339
Laura K Schneider	officer: Chief Human Resources Officer	C/O CORE & MAIN, INC., 1830 CRAIG PARK COURT, ST. LOUIS MO 63146
Jeffrey D Giles	officer: VP, Corporate Department	C/O CORE & MAIN, INC., 1830 CRAIG PARK COURT, ST. LOUIS MO 63146
Cd&r Fund X Waterworks B1, L.p.	10 percent owner	C/O CLAYTON, DUBILIER & RICE, LLC, 375 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10152
John Weldon Stephens	officer: VP, Corp. Controller	C/O CORE & MAIN, INC., 1830 CRAIG PARK COURT, ST. LOUIS MO 63146
Mark R Witkowski	officer: Chief Financial Officer	C/O CORE & MAIN, INC., 1830 CRAIG PARK COURT, ST. LOUIS MO 63146
Bradford A Cowles	officer: President, Fire Protection	C/O CORE & MAIN, INC., 1830 CRAIG PARK COURT, ST. LOUIS MO 63146
James G Castellano	director	C/O CORE & MAIN, INC., 1830 CRAIG PARK COURT, ST. LOUIS MO 63146
Mark G Whittenburg	officer: General Counsel and Secretary	C/O CORE & MAIN, INC., 1830 CRAIG PARK COURT, ST. LOUIS MO 63146
Robert M Buck	director	260 JIMMY ANN DRIVE, DAYTONA BEACH FL 32114
Bhavani Amirthalingam	director	1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166-6149
Margaret Newman	director	KEURIG DR PEPPER INC., 53 SOUTH AVE., BURLINGTON MA 01803
Kathleen M Mazzarella	director	C/O GRAYBAR ELECTRIC CO., INC, 34 N. MERAMEC AVENUE, CLAYTON MO 63105