Anglo American (Anglo American) Interest Expense : $-990 Mil (TTM As of Dec. 2023)

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What is Anglo American Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Anglo American's interest expense for the six months ended in Dec. 2023 was $ -585 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-990 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. Anglo American's Operating Income for the six months ended in Dec. 2023 was $ 3,068 Mil. Anglo American's Interest Expense for the six months ended in Dec. 2023 was $ -585 Mil. Anglo American's Interest Coverage for the quarter that ended in Dec. 2023 was 5.24. 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.

Anglo American Interest Expense Historical Data

The historical data trend for Anglo American'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.

Anglo American Interest Expense Chart

Anglo American Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-666.00

-556.00

-434.00

-516.00

-990.00

Anglo American Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-190.00	-225.00	-291.00	-405.00	-585.00

Anglo American 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 semi-annually data reported by the company within the most recent 12 months, which was $-990 Mil.

Anglo American (OTCPK:AAUKF) 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.

Anglo American's Interest Expense for the six months ended in Dec. 2023 was $-585 Mil. Its Operating Income for the six months ended in Dec. 2023 was $3,068 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $15,172 Mil.

Anglo American'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	*	3068	/	-585
	=	5.24

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

Anglo American (Anglo American) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Anglo American PLC (OTCPK:AAUKF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

AGL:South Africa NGLOY:USA ANM:Namibia AALl:UK AAL:UK NGLB:Germany AAM:Switzerland

Address

17 Charterhouse Street, London, GBR, EC1N 6RA

Website

https://www.angloamerican.com

Anglo American's mining portfolio spans many commodities and continents. Like fellow large diversified miners, Anglo has significant exposure to copper, iron ore and metallurgical coal, but it is unique among the global majors given its significant platinum group metals and diamonds output. The company accounts for about one third of the world's platinum supply and around 30% of palladium supply. Anglo also owns 85% of De Beers, in most years the world's largest supplier and marketer of rough gem diamonds by value. Anglo also plans to move back into the crop nutrients business via its Woodsmith polyhalite project in the United Kingdom.

Anglo American (Anglo American) Headlines

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