GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » GAM Holding AG (XSWX:GAM) » Definitions » Interest Expense

GAM Holding AG (XSWX:GAM) Interest Expense : CHF-1.6 Mil (TTM As of Dec. 2023)


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

What is GAM Holding AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GAM Holding AG's interest expense for the six months ended in Dec. 2023 was CHF -1.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was CHF-1.6 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. GAM Holding AG's Operating Income for the six months ended in Dec. 2023 was CHF -33.1 Mil. GAM Holding AG's Interest Expense for the six months ended in Dec. 2023 was CHF -1.1 Mil. GAM Holding AG did not have earnings to cover the interest expense. 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.


GAM Holding AG Interest Expense Historical Data

The historical data trend for GAM Holding AG'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.

GAM Holding AG Interest Expense Chart

GAM Holding AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.50 -10.40 -5.80 -1.50 -1.60

GAM Holding AG 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.90 -0.30 -1.20 -0.50 -1.10

GAM Holding AG 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 CHF-1.6 Mil.

* 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.


GAM Holding AG  (XSWX:GAM) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

GAM Holding AG's Interest Expense for the six months ended in Dec. 2023 was CHF-1.1 Mil. Its Operating Income for the six months ended in Dec. 2023 was CHF-33.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was CHF36.6 Mil.

GAM Holding AG's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

GAM Holding AG did not have earnings to cover the interest expense.

* 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.

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


GAM Holding AG (XSWX:GAM) Business Description

Traded in Other Exchanges
Address
Hardstrasse 201, Zurich, CHE, CH-8037
GAM Holding AG is a global asset manager with products that cater to institutions, intermediaries, and private clients. Customers are offered directional and absolute return strategies across an array of asset classes and strategies. In addition to an asset-management business, clients are offered private labeling services, such as fund administration and management company services. Asset management services are distributed through the GAM and Julius Bae brands and include investment advice from internal and external professionals.

GAM Holding AG (XSWX:GAM) Headlines

From GuruFocus