AMC Networks (AMC Networks) Interest Expense : $-153 Mil (TTM As of Dec. 2023)

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What is AMC Networks Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AMC Networks's interest expense for the three months ended in Dec. 2023 was $ -37 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-153 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. AMC Networks's Operating Income for the three months ended in Dec. 2023 was $ 60 Mil. AMC Networks's Interest Expense for the three months ended in Dec. 2023 was $ -37 Mil. AMC Networks's Interest Coverage for the quarter that ended in Dec. 2023 was 1.61. 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.

AMC Networks Interest Expense Historical Data

The historical data trend for AMC Networks'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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AMC Networks Interest Expense Chart

AMC Networks Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-157.80

-138.61

-129.07

-133.76

-152.70

AMC Networks Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-36.68	-37.62	-38.93	-38.76	-37.40

AMC Networks 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 $-153 Mil.

AMC Networks (NAS:AMCX) 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.

AMC Networks's Interest Expense for the three months ended in Dec. 2023 was $-37 Mil. Its Operating Income for the three months ended in Dec. 2023 was $60 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $2,381 Mil.

AMC Networks'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	*	60.214	/	-37.399
	=	1.61

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

AMC Networks (AMC Networks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » AMC Networks Inc (NAS:AMCX) » Definitions » Interest Expense

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9AC:Germany

Address

11 Penn Plaza, New York, NY, USA, 10001

Website

https://www.amcnetworks.com

AMC Networks owns several cable networks, including flagship AMC, WE tv, BBC America, IFC, and SundanceTV. AMC, the most widely distributed channel, reaches more than 70 million pay-TV households in the U.S. Over the last decade, AMC shifted its focus to original scripted programming from classic movies. WE tv targets a female audience and reaches roughly 68 million households. IFC mainly shows independent films and alternative comedy series. AMC also operates a number of niche streaming platforms including Acorn (focused on British shows) and Shudder (focused on horror programming). The firm launched AMC+, a streaming platform for its own content in 2020.

Executives

Matthew Blank	officer: Interim CEO	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
James Gallagher	officer: EVP and General Counsel	11 PENN PLAZA, NEW YORK NY 10001
Kimberly Kelleher	officer: Chief Commercial Officer	C/O REDBOX ENTERTAINMENT INC., 1 TOWER LANE, SUITE 800, OAKBROOK TERRACE IL 60181
Dan Mcdermott	officer: President - Ent. & AMC Studios	2425 OLYMPIC BOULEVARD, SANTA MONICA CA 90404
Debra Golding Perelman	director	35 EAST 62ND STREET, NEW YORK NY 10065
Dolan Leinauer Corby	other: Trustee of 13D Group Member	BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Patrick O'connell	officer: EVP & Chief Financial Officer	11 PENN PLAZA, NEW YORK CITY NY 10001
Joseph Cohen	director	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Joshua W Sapan	officer: President and CEO	11 PENN PLAZA, NEW YORK NY 10001
Christina Spade	officer: COO and CFO	11 PENN PLAZA, NEW YORK NY 10001
Sherin Michael J. Iii	officer: EVP, Chief Accounting Officer	11 PENN PLAZA, NEW YORK CITY NY 10001
Cfd 2021 Gc Trust Fbo Tara E. Dolan	other: Member of 13(d) Group	DOLAN FAMILY OFFICE, LLC, 340 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Cfd 2021 Gc Trust Fbo Kevyn A. Dolan	other: Member of 13(d) Group	DOLAN FAMILY OFFICE,LLC, 340 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Aidan J Dolan	director	11 PENN PLAZA, NEW YORK NY 10001
Christian B. Wymbs	officer: EVP & Chief Accounting Officer	AMC NETWORKS INC., 11 PENN PLAZA, NEW YORK NY 10001