Visa (V) Interest Expense

: $-694 Mil (TTM As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

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 Dec. 2023 was $ -187 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-694 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 Dec. 2023 was $ 5,963 Mil. Visa's Interest Expense for the three months ended in Dec. 2023 was $ -187 Mil. Visa's Interest Coverage for the quarter that ended in Dec. 2023 was 31.89. 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.

* Premium members only.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => -533.00 [6] => -516.00 [7] => -513.00 [8] => -538.00 [9] => -644.00 )

Visa Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

-533.00

-516.00

-513.00

-538.00

-644.00

Visa Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-137.00	-142.00	-182.00	-183.00	-187.00

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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-694 Mil.

Visa (NYSE:V) 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 Dec. 2023 was $-187 Mil. Its Operating Income for the three months ended in Dec. 2023 was $5,963 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $20,703 Mil.

Visa's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	5963	/	-187
	=	31.89

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

Visa (V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Visa Inc (NYSE:V) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

V:Peru V:Mexico 1V:Italy 3V64d:UK 0QZ0:UK 3V64:Germany 3V64:Germany 3V64:Germany 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.

Executives

Rajat Taneja	officer: PRESIDENT, TECHNOLOGY	C/O ELECTRONIC ARTS INC., 209 REDWOOD SHORES PARKWAY, LEGAL DEPT., REDWOOD CITY CA 94065
Ryan Mcinerney	officer: PRESIDENT	C/O VISA INC., PO BOX 8999, SAN FRANCISCO CA 94128
Kelly Alfred F Jr	director, officer: CHAIRMAN & CEO	AMERICAN EXPRESS COMPANY, 200 VESEY STREET, NEW YORK NY 10285
Chris Suh	officer: CHIEF FINANCIAL OFFICER	C/O CARDLYTICS, INC., 675 PONCE DE LEON AVE. NE, STE 6000, ATLANTA GA 30308
Vasant M Prabhu	officer: VICE CHAIR, CFO	C/O SAFEWAY INC, 5918 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Tullier Kelly Mahon	officer: V.CHAIR, CHF PPL & ADM OFF	C/O VISA INC., PO BOX 8999, SAN FRANCISCO CA 94128
Lloyd Carney	director	C/O MICROMUSE INC, 139 TOWNSEND ST, SAN FRANCISCO CA 94107
Pam Murphy	director	1201 S. 2ND STREET, MILWAUKEE WI 53204
Julie B Rottenberg	officer: GENERAL COUNSEL	C/O VISA INC, POB 8999, SAN FRANCISCO CA 94128
Kermit R Crawford	director	200 WILMOT ROAD, DEERFIELD IL 60015
Peter M Andreski	officer: GBL CORP CONTROLLER, CAO	C/O VISA INC., POB 8999, SAN FRANCISCO CA 94128
Teri List	director	2200 PENNSYLVANIA AVENUE, SUITE 800W, WASHINGTON DC 20037
Robert W Matschullat	director	C/O THE CLOROX COMPANY, 1221 BROADWAY, OAKLAND CA 94612
James H Hoffmeister	officer: GBL CORP CONTROLLER, CAO	C/O VISA INC., PO BOX 8999, SAN FRANCISCO CA 94128
Paul D Fabara	officer: CHIEF RISK OFFICER	200 VESEY STREET, NEW YORK NY 10285