Brookfield Asset Management (Brookfield Asset Management) Interest Expense

: $-71.0 Mil (TTM As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

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 Dec. 2023 was $ 8.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-71.0 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 Dec. 2023 was $ -17.0 Mil. Brookfield Asset Management's Interest Expense for the three months ended in Dec. 2023 was $ 8.0 Mil. Brookfield Asset Management did not have earnings to cover the interest expense. 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.

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.

* Premium members only.

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
Interest Expense	Get a 7-Day Free Trial						45.00	-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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-71.0 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 Dec. 2023 was $8.0 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-17.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.0 Mil.

Brookfield Asset Management's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

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

Brookfield Asset Management (Brookfield Asset Management) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Brookfield Asset Management Ltd (NYSE:BAM) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

RW5:Germany RW5:Germany BAM:Canada

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.