AMTD IDEA Group (AMTD IDEA Group) Interest Expense

: $-4.1 Mil (TTM As of Jun. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AMTD IDEA Group's interest expense for the six months ended in Jun. 2023 was $ -3.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-4.1 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. AMTD IDEA Group's Operating Income for the six months ended in Jun. 2023 was $ 105.2 Mil. AMTD IDEA Group's Interest Expense for the six months ended in Jun. 2023 was $ -3.6 Mil. AMTD IDEA Group's Interest Coverage for the quarter that ended in Jun. 2023 was 29.34. 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.

AMTD IDEA Group Interest Expense Historical Data

The historical data trend for AMTD IDEA Group'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.

Array ( [0] => - [1] => - [2] => -1.16 [3] => -3.56 [4] => -2.78 [5] => -1.65 [6] => -0.86 )

AMTD IDEA Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

-1.16

-3.56

-2.78

-1.65

-0.86

AMTD IDEA Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Interest Expense								-0.83	-0.82	-0.32	-0.54	-3.59

AMTD IDEA Group 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-4.1 Mil.

AMTD IDEA Group (NYSE:AMTD) 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.

AMTD IDEA Group's Interest Expense for the six months ended in Jun. 2023 was $-3.6 Mil. Its Operating Income for the six months ended in Jun. 2023 was $105.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was $30.4 Mil.

AMTD IDEA Group's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2023 )	/	Interest Expense (Q: Jun. 2023 )
	=	-1	*	105.236	/	-3.587
	=	29.34

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

AMTD IDEA Group (AMTD IDEA Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » AMTD IDEA Group (NYSE:AMTD) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

HKB:Singapore

Address

41 Connaught Road Central, 23rd Floor Nexxus Building, Hong Kong, HKG

Website

https://www.amtdinc.com

AMTD IDEA Group is a financial institution operating in four business segment: The capital market solutions segment assists customers in raising funds through equity and debt financing, private placements and debt issuances. The digital solutions and other services segment provides institutional and corporate clients with exclusive, paid access to enhance investor communication, investor relations and corporate communication. The fashion and luxury media advertising and marketing services segment, engages in provision of print and digital advertising campaigns, licensing, and value-added marketing services including branded content, video production, social media activation. The strategic investment segment engages in proprietary investments and management of investment portfolio.