DXC Technology Co (STU:2XT) Interest Expense : €-275 Mil (TTM As of Mar. 2024)

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What is DXC Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. DXC Technology Co's interest expense for the three months ended in Mar. 2024 was € -70 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-275 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. DXC Technology Co's Operating Income for the three months ended in Mar. 2024 was € -234 Mil. DXC Technology Co's Interest Expense for the three months ended in Mar. 2024 was € -70 Mil. DXC Technology Co did not have earnings to cover the interest expense. 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.

DXC Technology Co Interest Expense Historical Data

The historical data trend for DXC Technology 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.

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DXC Technology Co Interest Expense Chart

DXC Technology Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-346.62

-303.24

-185.23

-186.80

-274.16

DXC Technology 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															-58.84	-60.92	-73.09	-71.53	-69.92

DXC Technology 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 €-275 Mil.

DXC Technology Co (STU:2XT) 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.

DXC Technology Co's Interest Expense for the three months ended in Mar. 2024 was €-70 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-234 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €3,970 Mil.

DXC Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

DXC Technology Co did not have earnings to cover the interest expense.

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

DXC Technology Co (STU:2XT) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » DXC Technology Co (STU:2XT) » Definitions » Interest Expense

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DXC:USA

Address

20408 Bashan Drive, Suite 231, Ashburn, VA, USA, 20147

Website

https://www.dxc.technology

DXC Technology Co is a vendor-independent IT services provider. The company's operating segment includes Global Business Services (GBS) and Global Infrastructure Services (GIS). It generates maximum revenue from the GIS segment. GIS offerings include Cloud and Security; IT Outsourcing and Modern Workplace. Geographically, it derives a majority of revenue from the Other Europe region.

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