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Anglogold Ashanti (Anglogold Ashanti) Interest Expense

: $-159 Mil (TTM As of Jun. 2023)
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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Anglogold Ashanti's interest expense for the six months ended in Jun. 2023 was $ -75 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-159 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. Anglogold Ashanti's Operating Income for the six months ended in Jun. 2023 was $ 221 Mil. Anglogold Ashanti's Interest Expense for the six months ended in Jun. 2023 was $ -75 Mil. Anglogold Ashanti's Interest Coverage for the quarter that ended in Jun. 2023 was 2.95. 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.


Anglogold Ashanti Interest Expense Historical Data

The historical data trend for Anglogold Ashanti'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.

Anglogold Ashanti Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -156.00 -168.00 -154.00 -110.00 -149.00

Anglogold Ashanti Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Interest Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -55.00 -55.00 -65.00 -84.00 -75.00

Anglogold Ashanti 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-159 Mil.

* 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.


Anglogold Ashanti  (NYSE:AU) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Anglogold Ashanti's Interest Expense for the six months ended in Jun. 2023 was $-75 Mil. Its Operating Income for the six months ended in Jun. 2023 was $221 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was $2,002 Mil.

Anglogold Ashanti's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2023 )/Interest Expense (Q: Jun. 2023 )
=-1*221/-75
=2.95

* 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.

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


Anglogold Ashanti (Anglogold Ashanti) Business Description

Traded in Other Exchanges
Address
112 Oxford Road, Houghton Estate, Johannesburg, GT, ZAF, 2198
Anglogold Ashanti PLC is one of the gold miners. The company also produces silver and sulphuric acid as by-products. Its operating divisions are Africa, Australia, and the Americas. The firm generates a majority of its revenue from Africa which includes Ghana, Guinea, Mali, the Democratic Republic of the Congo, and Tanzania.