Motorola Solutions (FRA:MTLA) Interest Expense : €-242 Mil (TTM As of Mar. 2024)

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What is Motorola Solutions Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Motorola Solutions's interest expense for the three months ended in Mar. 2024 was € -56 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-242 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. Motorola Solutions's Operating Income for the three months ended in Mar. 2024 was € 524 Mil. Motorola Solutions's Interest Expense for the three months ended in Mar. 2024 was € -56 Mil. Motorola Solutions's Interest Coverage for the quarter that ended in Mar. 2024 was 9.34. 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.

Motorola Solutions Interest Expense Historical Data

The historical data trend for Motorola Solutions'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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Motorola Solutions Interest Expense Chart

Motorola Solutions Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-213.30

-191.53

-190.28

-226.56

-228.33

Motorola Solutions 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	-58.15	-49.66	-77.95	-56.12

Motorola Solutions 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 €-242 Mil.

Motorola Solutions (FRA:MTLA) 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.

Motorola Solutions's Interest Expense for the three months ended in Mar. 2024 was €-56 Mil. Its Operating Income for the three months ended in Mar. 2024 was €524 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €5,926 Mil.

Motorola Solutions'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	*	524.4	/	-56.12
	=	9.34

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

Motorola Solutions (FRA:MTLA) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Motorola Solutions Inc (FRA:MTLA) » Definitions » Interest Expense

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Address

500 West Monroe Street, Suite 4400, Chicago, IL, USA, 60661

Website

https://www.motorolasolutions.com

Motorola Solutions is a leading provider of communications and analytics, primarily serving public safety departments as well as schools, hospitals, and businesses. The bulk of the firm's revenue comes from sales of land mobile radios and radio network infrastructure, but the firm also sells surveillance equipment and dispatch software. Most of Motorola's revenue comes from government agencies, while roughly 25% comes from schools and private businesses. Motorola has customers in over 100 countries and in every state in the United States.

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