Ayala (PHS:AC) Interest Expense : ₱-28,984 Mil (TTM As of Mar. 2024)

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What is Ayala Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ayala's interest expense for the three months ended in Mar. 2024 was ₱ -7,946 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₱-28,984 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. Ayala's Operating Income for the three months ended in Mar. 2024 was ₱ 8,063 Mil. Ayala's Interest Expense for the three months ended in Mar. 2024 was ₱ -7,946 Mil. Ayala's Interest Coverage for the quarter that ended in Mar. 2024 was 1.01. 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.

Ayala Interest Expense Historical Data

The historical data trend for Ayala'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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Ayala Interest Expense Chart

Ayala Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-21,731.21

-24,150.01

-22,953.99

-25,884.11

-28,217.95

Ayala Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-7,179.60	-7,718.35	-7,364.29	-5,955.71	-7,946.10

Ayala 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 ₱-28,984 Mil.

Ayala (PHS:AC) 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.

Ayala's Interest Expense for the three months ended in Mar. 2024 was ₱-7,946 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₱8,063 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₱541,049 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	8062.706	/	-7946.098
	=	1.01

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Ayala Corp interest coverage is 1.54, which is low.

Ayala (PHS:AC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Ayala Corp (PHS:AC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

AYYLF:USA AYALY:USA APB2R.PFD:Philippines

Address

Paseo de Roxas cor. Makati Avenue, 37th Floor to 39th Floor, Ayala Triangle Gardens Tower 2, Makati, PHL, 1226

Website

https://www.ayala.com.ph

Ayala Corporation is a general real estate company. The group is organized into a variety of business units. Ayala's real estate business is primarily conducted through its subsidiary, Ayala Land, Inc. Its involvement in financial services is through an affiliate, the Bank of the Philippine Islands. The group's business has the following main segments: Parent Company; Real estate and hotels; Financial services and insurance; Telecommunications; Industrial Technologies; Power Generation; and Automotive and Others.