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AICAF (Air China) Interest Expense : $-888 Mil (TTM As of Dec. 2024)


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What is Air China Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Air China's interest expense for the three months ended in Dec. 2024 was $ -213 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-888 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 China's Operating Income for the three months ended in Dec. 2024 was $ -364 Mil. Air China's Interest Expense for the three months ended in Dec. 2024 was $ -213 Mil. Air China 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.

Air China Interest Expense Historical Data

The historical data trend for Air China'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 China Interest Expense Chart

Air China Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -779.87 -862.74 -928.41 -972.39 -878.86

Air China Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -226.88 -233.16 -218.67 -223.33 -213.31

Air China 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-888 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.

Air China  (OTCPK:AICAF) 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.

Air China's Interest Expense for the three months ended in Dec. 2024 was $-213 Mil. Its Operating Income for the three months ended in Dec. 2024 was $-364 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $19,637 Mil.

Air China's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Air China 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.

Air China Business Description

Industry
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Traded in Other Exchanges
AIRYY:USA 00753:Hong Kong AD2:Germany 601111:China AD2:Austria
Address
12 Tung Fai Road, 5th Floor, CNAC House, Hong Kong International Airport, Hong Kong, HKG
Website
http://www.airchina.com.cn
Air China is based in Beijing. It is one of the largest state-owned airlines and the flag carrier in China. The group operated a fleet of 905 aircraft as of 2023 and carried more than 115 million passengers in prepandemic 2019. It runs a spoke-and-hub model under which it gathers and distributes passengers from air hubs such as Beijing, Chengdu, and Shanghai.