Maroc Telecom (XPAR:IAM) Interest Expense : €-84 Mil (TTM As of Dec. 2023)

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What is Maroc Telecom Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Maroc Telecom's interest expense for the six months ended in Dec. 2023 was € -45 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-84 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. Maroc Telecom's Operating Income for the six months ended in Dec. 2023 was € 669 Mil. Maroc Telecom's Interest Expense for the six months ended in Dec. 2023 was € -45 Mil. Maroc Telecom's Interest Coverage for the quarter that ended in Dec. 2023 was 14.73. 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.

Maroc Telecom Interest Expense Historical Data

The historical data trend for Maroc Telecom'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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Maroc Telecom Interest Expense Chart

Maroc Telecom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-70.91

-83.29

-77.48

-66.22

-83.67

Maroc Telecom 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															-40.24	-29.73	-36.49	-38.27	-45.40

Maroc Telecom 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 €-84 Mil.

Maroc Telecom (XPAR:IAM) 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.

Maroc Telecom's Interest Expense for the six months ended in Dec. 2023 was €-45 Mil. Its Operating Income for the six months ended in Dec. 2023 was €669 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €392 Mil.

Maroc Telecom'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	*	668.873	/	-45.398
	=	14.73

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

Maroc Telecom (XPAR:IAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Maroc Telecom SA (XPAR:IAM) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

IAM:Morocco MSPA:Germany

Address

Avenue Annakhil, Hay Riad, Rabat, MAR

Website

https://www.iam.ma

Maroc Telecom SA telecommunications operator in the Kingdom of Morocco. The company provides a wide range of services covering Fixed-Line and Mobile communications, data transfer, and other value-added services. It operates in the Fixed-Line telephony, Mobile telephony and Internet segments. The Fixed-Line and Mobile operating segments are combined within the Services Division (DGS) and the Networks and Systems Division. The company derives majority revenues from Morocco.

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