Visa (FRA:3V64) Interest Expense : €-586 Mil (TTM As of Mar. 2024)

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What is Visa Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Visa's interest expense for the three months ended in Mar. 2024 was € -75 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-586 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. Visa's Operating Income for the three months ended in Mar. 2024 was € 5,321 Mil. Visa's Interest Expense for the three months ended in Mar. 2024 was € -75 Mil. Visa's Interest Coverage for the quarter that ended in Mar. 2024 was 70.54. 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.

Visa Interest Expense Historical Data

The historical data trend for Visa'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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Visa Interest Expense Chart

Visa Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

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-483.96

-438.08

-436.05

-543.38

-603.43

Visa 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															-132.63	-167.99	-171.47	-171.48	-75.44

Visa 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 €-586 Mil.

Visa (FRA:3V64) 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.

Visa's Interest Expense for the three months ended in Mar. 2024 was €-75 Mil. Its Operating Income for the three months ended in Mar. 2024 was €5,321 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €18,955 Mil.

Visa'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	*	5321.28	/	-75.44
	=	70.54

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

Visa (FRA:3V64) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Visa Inc (FRA:3V64) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

V:USA V:Peru V:Mexico 1V:Italy 3V64d:UK 0QZ0:UK 3V64:Germany V:Chile VISA:Canada VISA34:Brazil VISA:Austria

Address

P.O. Box 8999, San Francisco, CA, USA, 94128-8999

Website

https://www.usa.visa.com

Visa is the largest payment processor in the world. In fiscal 2022, it processed over $14 trillion in total volume. Visa operates in over 200 countries and processes transactions in over 160 currencies. Its systems are capable of processing over 65,000 transactions per second.

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