Alaska Communications Systems Group (Alaska Communications Systems Group) Interest Expense : $-10.7 Mil (TTM As of Mar. 2021)

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What is Alaska Communications Systems Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alaska Communications Systems Group's interest expense for the three months ended in Mar. 2021 was $ -2.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2021 was $-10.7 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. Alaska Communications Systems Group's Operating Income for the three months ended in Mar. 2021 was $ 4.0 Mil. Alaska Communications Systems Group's Interest Expense for the three months ended in Mar. 2021 was $ -2.7 Mil. Alaska Communications Systems Group's Interest Coverage for the quarter that ended in Mar. 2021 was 1.50. 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.

Alaska Communications Systems Group Interest Expense Historical Data

The historical data trend for Alaska Communications Systems Group'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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Alaska Communications Systems Group Interest Expense Chart

Alaska Communications Systems Group Annual Data

Trend

Dec11

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Dec17

Dec18

Dec19

Dec20

Interest Expense

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-15.45

-14.86

-13.43

-12.06

-11.00

Alaska Communications Systems Group Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Interest Expense	Get a 7-Day Free Trial															-2.96	-2.74	-2.66	-2.64	-2.65

Alaska Communications Systems Group 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10.7 Mil.

Alaska Communications Systems Group (NAS:ALSK) 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.

Alaska Communications Systems Group's Interest Expense for the three months ended in Mar. 2021 was $-2.7 Mil. Its Operating Income for the three months ended in Mar. 2021 was $4.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2021 was $237.3 Mil.

Alaska Communications Systems Group's Interest Coverage for the quarter that ended in Mar. 2021 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2021 )	/	Interest Expense (Q: Mar. 2021 )
	=	-1	*	3.965	/	-2.652
	=	1.50

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

Warning Sign:

Ben Graham prefers companies interest coverage is at least 5. Alaska Communications Systems Group Inc interest coverage is 1.85, which is low.

Alaska Communications Systems Group (Alaska Communications Systems Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Alaska Communications Systems Group Inc (NAS:ALSK) » Definitions » Interest Expense

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Address

600 Telephone Avenue, Anchorage, AK, USA, 99503-6091

Website

http://www.alaskacommunications.com

Alaska Communications Systems Group Inc is a US-based fiber broadband and managed information technology services provider. The company is focused primarily on business and wholesale customers in and out of Alaska. It provides local, long-distance, and wireless telephone services, Internet access, and data services to residential and business customers.

Executives

Peter D Ley	director	C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVENUE, MS#65 ANCHORAGE AK 99503
Leonard Steinberg	officer: SVP, Legal/Reg/Gov & Corp Sec.
Debra Morse	officer: Vice President, HR	C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVENUE ANCHORAGE AK 99503
Jim Gutcher	officer: VP, Strategy and Product Mgt.	C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVENUE ANCHORAGE AK 99503
Beth Barnes	officer: VP, Mass Markets and Marketing	C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVENUE ANCHORAGE AK 99503
Tiffany Hoogerhyde	officer: VP, Finance & Controller	C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVENUE ANCHORAGE AK 99503
Sean Lindamood	officer: VP, Business Sales	C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVE. ANCHORAGE AK 99503
Richard Benken	officer: VP Network Strategy	C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVE ANCHORAGE AK 99503
Aurora David	officer: VP, Information Technology	C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVE. ANCHORAGE AK 99503
Diedre Williams	officer: SVP, Operations	C/O ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVE. ANCHORAGE AK 99503
Laurie Butcher	officer: Chief Financial Officer	600 TELEPHONE AVENUE ANCHORAGE AK 99503
William H Bishop	officer: President and CEO	600 TELEPHONE AVE. MS #65 ANCHORAGE AK 99503
Brian A Ross	director	600 TELEPHONE AVE, MS#65, ANCHORAGE AK 99503
Peter D Aquino	director	MOTIENT CORP, 300 KNIGHTBRIDGE PARKWAY, LINCOLNSHIRE IL 60069
Benjamin Duster	director	200 E. 84ST, 8TH FLOOR, NEW YORK NY 10028