Brookfield Asset Management (Brookfield Asset Management) Interest Expense : $-15.0 Mil (TTM As of Mar. 2024)

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What is Brookfield Asset Management Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Brookfield Asset Management's interest expense for the three months ended in Mar. 2024 was $ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-15.0 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. Brookfield Asset Management's Operating Income for the three months ended in Mar. 2024 was $ -8.0 Mil. Brookfield Asset Management's Interest Expense for the three months ended in Mar. 2024 was $ 0.0 Mil. Brookfield Asset Management has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Brookfield Asset Management Interest Expense Historical Data

The historical data trend for Brookfield Asset Management'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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Brookfield Asset Management Interest Expense Chart

Brookfield Asset Management Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-377.00

-382.00

-3.00

-71.00

Brookfield Asset Management Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial							-56.00	-16.00	-7.00	8.00	-

Brookfield Asset Management 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-15.0 Mil.

Brookfield Asset Management (NYSE:BAM) 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.

Brookfield Asset Management's Interest Expense for the three months ended in Mar. 2024 was $0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-8.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.0 Mil.

Brookfield Asset Management's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Brookfield Asset Management had no long-term debt ⁽¹⁾.

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

Brookfield Asset Management (Brookfield Asset Management) Business Description

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Address

181 Bay Street, Suite 100, Brookfield Place, Toronto, ON, CAN, M5H 2T3

Website

https://www.brookfield.com

Brookfield Asset Management Ltd engages in providing alternative asset management services through an ownership interest in a leading global alternative asset management business. It offers a range of alternative investment products to investors around the world including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies, and private wealth investors.