Business Segments · Interest Income (Expense), Nonoperating

Total Segments — Interest Income (Expense), Nonoperating

Cummins Total Segments — Interest Income (Expense), Nonoperating decreased by 41.7% to $14.00M in Q3 2024 compared to the prior quarter.

Analysis

StatementSegment
CategoryProfitability
SignalContext dependent
VolatilityModerate
First reportedQ1 2022
Last reportedQ4 2025

How to read this metric

An increase in net interest expense suggests higher debt servicing costs or lower interest-bearing assets, while an increase in net interest income indicates improved returns on cash or reduced financing costs.

Detailed definition

This metric represents the aggregate non-operating interest income or expense recognized across all business segments. I...

Peer comparison

Peers in the industrial manufacturing sector typically report this under non-operating items, though the scale varies significantly based on the company's capital structure and cash management strategy.

Metric ID: cmi_segment_total_segments_interest_income_expense_nonoperating

Historical Data

2 periods
 Q3 '23Q3 '24
Value$24.00M$14.00M
QoQ Change-41.7%
YoY Change-41.7%
Range$14.00M$24.00M
Avg YoY Growth-41.7%
Median YoY Growth-41.7%

Frequently Asked Questions

What is Cummins's total segments — interest income (expense), nonoperating?
Cummins (CMI) reported total segments — interest income (expense), nonoperating of $14.00M in Q3 2024.
What does total segments — interest income (expense), nonoperating mean?
The net total of interest-related income and expenses that are not part of the company's primary business operations.