A2B Australia (A2B Australia) Interest Expense : $-1.7 Mil (TTM As of Dec. 2023)

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What is A2B Australia Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. A2B Australia's interest expense for the six months ended in Dec. 2023 was $ -0.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.7 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. A2B Australia's Operating Income for the six months ended in Dec. 2023 was $ 1.1 Mil. A2B Australia's Interest Expense for the six months ended in Dec. 2023 was $ -0.6 Mil. A2B Australia's Interest Coverage for the quarter that ended in Dec. 2023 was 1.94. 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.

A2B Australia Interest Expense Historical Data

The historical data trend for A2B Australia'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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A2B Australia Interest Expense Chart

A2B Australia Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-0.56

-0.98

-0.83

-0.86

-2.37

A2B Australia Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.19	-0.68	-1.24	-1.15	-0.57

A2B Australia 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 semi-annually data reported by the company within the most recent 12 months, which was $-1.7 Mil.

A2B Australia (OTCPK:CGAAY) 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.

A2B Australia's Interest Expense for the six months ended in Dec. 2023 was $-0.6 Mil. Its Operating Income for the six months ended in Dec. 2023 was $1.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $13.4 Mil.

A2B Australia'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	*	1.104	/	-0.568
	=	1.94

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

A2B Australia (A2B Australia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » A2B Australia Ltd (OTCPK:CGAAY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

A2B:Australia

Address

9-13 O’Riordan Street, Alexandria, Sydney, NSW, AUS, 2015

Website

https://www.a2baustralia.com

A2B Australia Ltd provides payment and other services to taxi operators in Australia and also operates taxis itself. Its brands include 13cabs, Cabcharge, Silver Service, MTI, Spotto, EFT Solutions, and Giraffe payments. The company derives revenue from the Taxi service fee; Network subscription fees and others.

A2B Australia (A2B Australia) Headlines

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