Alibaba Group Holding (Alibaba Group Holding) Interest Expense : $-844 Mil (TTM As of Dec. 2023)

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What is Alibaba Group Holding Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alibaba Group Holding's interest expense for the three months ended in Dec. 2023 was $ -789 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-844 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. Alibaba Group Holding's Operating Income for the three months ended in Dec. 2023 was $ 4,342 Mil. Alibaba Group Holding's Interest Expense for the three months ended in Dec. 2023 was $ -789 Mil. Alibaba Group Holding's Interest Coverage for the quarter that ended in Dec. 2023 was 5.50. 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.

Alibaba Group Holding Interest Expense Historical Data

The historical data trend for Alibaba Group Holding'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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Alibaba Group Holding Interest Expense Chart

Alibaba Group Holding Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-773.25

-737.84

-687.46

-3,248.59

-2,465.43

Alibaba Group Holding Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-222.33	1,271.24	-1,072.70	-254.05	-788.77

Alibaba Group Holding 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 $-844 Mil.

Alibaba Group Holding (NYSE:BABA) 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.

Alibaba Group Holding's Interest Expense for the three months ended in Dec. 2023 was $-789 Mil. Its Operating Income for the three months ended in Dec. 2023 was $4,342 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $19,547 Mil.

Alibaba Group Holding'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	*	4341.755	/	-788.773
	=	5.50

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

Alibaba Group Holding (Alibaba Group Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Alibaba Group Holding Ltd (NYSE:BABA) » Definitions » Interest Expense

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Traded in Other Exchanges

BABAF:USA BABA:Mexico 09988:Hong Kong 0HCI:UK AHLAd:UK 2RR:Germany 2RR:Germany 2RR:Germany AHLA:Germany AHLA:Germany AHLA:Germany AHLA:Germany BABA34:Brazil AHLA:Austria BABA:Argentina

Address

1 Matheson Street, Causeway Bay, 26th Floor, Tower One, Times Square, Hong Kong, HKG

Website

https://www.alibabagroup.com

Alibaba is the world's largest online and mobile commerce company as measured by gross merchandise volume (CNY 8.3 trillion for the fiscal year ended March 2022). It operates China's online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer). Alibaba's China commerce retail division accounted for 67% of revenue in the year ended March 2022. Additional revenue sources include China commerce wholesale (2%), international commerce retail/wholesale (5%/2%), local consumer services (5%), cloud computing (9%), digital media and entertainment platforms (4%), Cainiao logistics services (5%), and innovation initiatives/other (1%).