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CommScope Holding Co (FRA:CM9) Interest Expense : €-627 Mil (TTM As of Mar. 2024)


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What is CommScope Holding Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CommScope Holding Co's interest expense for the three months ended in Mar. 2024 was € -154 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-627 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. CommScope Holding Co's Operating Income for the three months ended in Mar. 2024 was € 22 Mil. CommScope Holding Co's Interest Expense for the three months ended in Mar. 2024 was € -154 Mil. CommScope Holding Co's Interest Coverage for the quarter that ended in Mar. 2024 was 0.14. 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.

CommScope Holding Co Interest Expense Historical Data

The historical data trend for CommScope Holding Co'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.

CommScope Holding Co Interest Expense Chart

CommScope Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -519.48 -474.95 -496.66 -555.92 -619.71

CommScope Holding Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -154.20 -155.53 -160.51 -156.72 -154.28

CommScope Holding Co 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 €-627 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.

CommScope Holding Co  (FRA:CM9) 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.

CommScope Holding Co's Interest Expense for the three months ended in Mar. 2024 was €-154 Mil. Its Operating Income for the three months ended in Mar. 2024 was €22 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €8,505 Mil.

CommScope Holding Co'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*21.988/-154.284
=0.14

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. CommScope Holding Co Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

CommScope Holding Co (FRA:CM9) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CommScope Holding Co Inc (FRA:CM9) » Definitions » Interest Expense
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Traded in Other Exchanges
COMM:USA
Address
1100 CommScope Place, South East, Hickory, NC, USA, 28602
Website
https://www.commscope.com
CommScope Holding Co Inc is a provider of infrastructure solutions for communication, data center and entertainment networks. The company provides solutions for wired and wireless networks to enable service providers, including cable, telephone, data center and digital broadcast satellite operators and media programmers, to deliver media, voice, Internet Protocol (IP) data services and Wi-Fi to their subscribers and allow enterprises to experience constant wireless and wired connectivity across complex and varied networking environments. The company is into digital video and IP television (IPTV) distribution systems, broadband access infrastructure platforms and equipment that delivers data and voice networks to homes.

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