Air France-KLM (Air France-KLM) Interest Expense

: $-929 Mil (TTM As of Sep. 2023)

View and export this data going back to 2004. Start your Free Trial

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Air France-KLM's interest expense for the three months ended in Sep. 2023 was $ -317 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-929 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. Air France-KLM's Operating Income for the three months ended in Sep. 2023 was $ 1,519 Mil. Air France-KLM's Interest Expense for the three months ended in Sep. 2023 was $ -317 Mil. Air France-KLM's Interest Coverage for the quarter that ended in Sep. 2023 was 4.79. 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.

Air France-KLM Interest Expense Historical Data

The historical data trend for Air France-KLM'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.

Air France-KLM Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

Get a 7-Day Free Trial

-647.33

-663.33

-705.60

-742.37

-725.64

Air France-KLM Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial															-137.62	-197.03	-323.34	-92.09	-316.97

Air France-KLM 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-929 Mil.

Air France-KLM (OTCPK:AFLYY) 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.

Air France-KLM's Interest Expense for the three months ended in Sep. 2023 was $-317 Mil. Its Operating Income for the three months ended in Sep. 2023 was $1,519 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $10,213 Mil.

Air France-KLM's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	1518.677	/	-316.969
	=	4.79

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

Air France-KLM (Air France-KLM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air France-KLM (OTCPK:AFLYY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

AFRAF:USA 1AF:Italy AFp:UK 0LN7:UK AF:France AFR0:Germany AFK:Austria

Address

2 Rue Robert Esnault-Pelterie, Paris, FRA, 75007

Website

https://www.airfranceklm.com

Air France-KLM is a European airline group engaged in businesses that include passenger and cargo transportation, low-cost operations, and aircraft maintenance. The Group has four segments which include Network, Maintenance, Transavia, and Other. The Network segment derives key revenue which includes the passenger and cargo network, mainly coming from passenger transportation services on scheduled flights with the group's airline code. Its geographic markets include France, Benelux, Europe, and the rest of the world, with the majority of revenue coming from France, including its overseas division.

Air France-KLM (Air France-KLM) Headlines

From GuruFocus

Donald Smith Continues to Buy Airlines and Mining Companies

By Tiziano Frateschi Tiziano Frateschi • 11-15-2018