Norfolk Southern (WBO:NSCO) Interest Expense : €-691 Mil (TTM As of Mar. 2024)

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What is Norfolk Southern Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Norfolk Southern's interest expense for the three months ended in Mar. 2024 was € -185 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-691 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. Norfolk Southern's Operating Income for the three months ended in Mar. 2024 was € 876 Mil. Norfolk Southern's Interest Expense for the three months ended in Mar. 2024 was € -185 Mil. Norfolk Southern's Interest Coverage for the quarter that ended in Mar. 2024 was 4.74. 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.

Norfolk Southern Interest Expense Historical Data

The historical data trend for Norfolk Southern'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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Norfolk Southern Interest Expense Chart

Norfolk Southern Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-543.60

-513.75

-571.71

-653.25

-662.07

Norfolk Southern 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															-163.45	-156.91	-170.53	-178.82	-184.92

Norfolk Southern 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 €-691 Mil.

Norfolk Southern (WBO:NSCO) 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.

Norfolk Southern's Interest Expense for the three months ended in Mar. 2024 was €-185 Mil. Its Operating Income for the three months ended in Mar. 2024 was €876 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €15,805 Mil.

Norfolk Southern'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	*	875.84	/	-184.92
	=	4.74

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

Norfolk Southern (WBO:NSCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Norfolk Southern Corp (WBO:NSCO) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

NSC:USA NSC:Mexico NFS:Germany NFS:Germany N1SC34:Brazil

Address

650 West Peachtree Street NW, Atlanta, GA, USA, 30308

Website

http://www.norfolksouthern.com

Class-I railroad Norfolk Southern operates in the Eastern United States. On more than 20,000 miles of track, the firm hauls shipments of coal, intermodal traffic, and a diverse mix of automobile, agriculture, metal, chemical, and forest products.

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