Kyndryl Holdings (FRA:7XU) Interest Expense : €-112 Mil (TTM As of Mar. 2024)

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What is Kyndryl Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kyndryl Holdings's interest expense for the three months ended in Mar. 2024 was € -28 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-112 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. Kyndryl Holdings's Operating Income for the three months ended in Mar. 2024 was € 2 Mil. Kyndryl Holdings's Interest Expense for the three months ended in Mar. 2024 was € -28 Mil. Kyndryl Holdings's Interest Coverage for the quarter that ended in Mar. 2024 was 0.07. 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.

Kyndryl Holdings Interest Expense Historical Data

The historical data trend for Kyndryl Holdings'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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Kyndryl Holdings Interest Expense Chart

Kyndryl Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Mar21

Mar23

Mar24

Interest Expense

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-68.40

-51.79

-53.76

-87.80

-112.24

Kyndryl Holdings Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial													-27.09	-26.77	-29.05	-28.43	-27.60

Kyndryl 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-112 Mil.

Kyndryl Holdings (FRA:7XU) 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.

Kyndryl Holdings's Interest Expense for the three months ended in Mar. 2024 was €-28 Mil. Its Operating Income for the three months ended in Mar. 2024 was €2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €3,435 Mil.

Kyndryl Holdings's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	1.84	/	-27.6
	=	0.07

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

Kyndryl Holdings (FRA:7XU) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Kyndryl Holdings Inc (FRA:7XU) » Definitions » Interest Expense

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Traded in Other Exchanges

KD:USA KD:Mexico 7XU:Germany KD:Austria

Address

One Vanderbilt Avenue, 15th Floor, New York, NY, USA, 10017

Website

https://www.kyndryl.com

Kyndryl Holdings Inc is a technology services and infrastructure services provider company. It provides advisory, implementation, and managed services across a range of technology domains to help customers manage and modernize enterprise IT environments in support of their business and transformation objectives.

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