Angi (ANGI) Interest Expense

: $-20 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Angi's interest expense for the three months ended in Dec. 2023 was $ -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-20 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. Angi's Operating Income for the three months ended in Dec. 2023 was $ 11 Mil. Angi's Interest Expense for the three months ended in Dec. 2023 was $ -5 Mil. Angi's Interest Coverage for the quarter that ended in Dec. 2023 was 2.14. 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.

Angi Interest Expense Historical Data

The historical data trend for Angi'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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Angi Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-11.49

-14.18

-23.49

-20.11

-20.14

Angi Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-5.03	-5.03	-5.03	-5.04	-5.04

Angi 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 $-20 Mil.

Angi (NAS:ANGI) 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.

Angi's Interest Expense for the three months ended in Dec. 2023 was $-5 Mil. Its Operating Income for the three months ended in Dec. 2023 was $11 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $496 Mil.

Angi'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	*	10.763	/	-5.037
	=	2.14

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

Angi (ANGI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Angi Inc (NAS:ANGI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

2UH:Germany 2UH:Germany

Address

3601 Walnut Street, Denver, CO, USA, 80205

Website

https://www.angihomeservices.com

Angi Inc connects quality home service professionals across different categories, from repairing and remodeling to cleaning and landscaping, with consumers. The Company has four operating segments: (i) Ads and Leads; (ii) Services; (iii) Roofing; and (iv) International (Europe and Canada). Majority of the revenue is earned from United States.

Executives

Kulesh Shanmugasundaram	officer: Chief Technology Officer	C/O ANGI INC., 3601 WALNUT STREET, SUITE 700, DENVER CO 80205
Pickett Thomas Corning Jr	director	1315 ELDER AVENUE, MENLO PARK CA 94025
David Elias Fleischman	officer: Chief Product Officer	C/O ANGI INC., 3601 WALNUT STREET, SUITE 700, DENVER CO 80205
Hicks Bowman Angela R.	director	C/O ANGIE'S LIST, INC., 1030 E. WASHINGTON STREET, INDIANAPOLIS IN 46202
Andrew Russakoff	officer: CFO	C/O ANGI INC., 3601 WALNUT STREET, SUITE 700, DENVER CO 80205
Jeremy Philips	director	C/O TRIPADVISOR, INC., 141 NEEDHAM STREET, NEWTON MA 02464
Sandra Hurse	director	C/O GROSVENOR CAPITAL MANAGEMENT, 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Umang Dua	officer: CRO - Services	C/O ANGI INC., 3601 WALNUT STREET, SUITE 700, DENVER CO 80205
Bryan Ellis	officer: CRO - Ads and Leads	C/O ANGI INC., 3601 WALNUT STREET, SUITE 700, DENVER CO 80205
Dhanusha Sivajee	officer: CMO	600 EAST SECOND STREET, MUSCATINE IA 52761
Jeffrey W Pedersen	officer: CFO	C/O ANGI INC., 3601 WALNUT STREET, SUITE 700, DENVER CO 80205
Allison Lowrie	officer: CMO	C/O ANGI HOMESERVICES INC., 14023 DENVER WEST PARKWAY, BLDG 64, GOLDEN CO 80401
Kendall Handler	director	IAC/INTERACTIVECORP, 555 WEST 18TH STREET, NEW YORK NY 10011
Oisin Hanrahan	officer: CPO	ANGI HOMESERVICES INC., 3601 WALNUT STREET, DENVER CO 80205
Craig M. Smith	officer: President & COO	C/O ANGI HOMESERVICES INC., 14023 DENVER WEST PARKWAY, BLDG 64, GOLDEN CO 80401