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AMADF (Amadeus IT Group) Interest Expense : $-122 Mil (TTM As of Sep. 2024)


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What is Amadeus IT Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Amadeus IT Group's interest expense for the three months ended in Sep. 2024 was $ -30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-122 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. Amadeus IT Group's Operating Income for the three months ended in Sep. 2024 was $ 494 Mil. Amadeus IT Group's Interest Expense for the three months ended in Sep. 2024 was $ -30 Mil. Amadeus IT Group's Interest Coverage for the quarter that ended in Sep. 2024 was 16.67. 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.

Amadeus IT Group Interest Expense Historical Data

The historical data trend for Amadeus IT Group'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.

Amadeus IT Group Interest Expense Chart

Amadeus IT Group 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 -48.00 -89.66 -103.28 -91.53 -100.55

Amadeus IT Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -21.13 -32.50 -25.65 -34.34 -29.63

Amadeus IT Group 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-122 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.

Amadeus IT Group  (OTCPK:AMADF) 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.

Amadeus IT Group's Interest Expense for the three months ended in Sep. 2024 was $-30 Mil. Its Operating Income for the three months ended in Sep. 2024 was $494 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $2,888 Mil.

Amadeus IT Group's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*494.118/-29.634
=16.67

* 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.

Amadeus IT Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Amadeus IT Group SA (OTCPK:AMADF) » Definitions » Interest Expense
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AMADY:USA 1AMS:Italy AMSe:UK 0P2W:UK AMS:Spain AI3A:Germany
Address
Salvador de Madariaga, 1, Madrid, ESP, 28027
Website
https://www.amadeus.com
Founded in 1987 by four major European airline carriers (Air France, Lufthansa, Iberia, and SAS), Amadeus became the world's second global distribution system operator, or GDS, after Sabre's development in the 1960s and 1970s. Today, among the top three GDS operators that control nearly 100% of industry revenue, Amadeus' 40%-plus market share ranks as the largest. Overall, Amadeus' GDS segment represented 56% of total prepandemic sales in 2019. Moreover, the company has an expanding IT solutions division (44% of 2019 revenue) that addresses the airline, airport, rail, hotel, and travel agency markets. Transaction fees, which are tied to volume and not price, account for the bulk of consolidated sales and profits.