AMP (AMLTF) Interest Expense : $-1,039.8 Mil (TTM As of Dec. 2024)

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What is AMP Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AMP's interest expense for the six months ended in Dec. 2024 was $ -575.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-1,039.8 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. AMP's Operating Income for the six months ended in Dec. 2024 was $ -160.9 Mil. AMP's Interest Expense for the six months ended in Dec. 2024 was $ -575.7 Mil. AMP 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.

AMP Interest Expense Historical Data

The historical data trend for AMP'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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AMP Interest Expense Chart

AMP Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-319.28

-248.21

-398.79

-795.85

-1,018.37

AMP Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial															-272.61	-353.69	-443.11	-464.14	-575.68

AMP 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 semi-annually data reported by the company within the most recent 12 months, which was $-1,039.8 Mil.

AMP (OTCPK:AMLTF) 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.

AMP's Interest Expense for the six months ended in Dec. 2024 was $-575.7 Mil. Its Operating Income for the six months ended in Dec. 2024 was $-160.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was $18,184.9 Mil.

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

AMP did not have earnings to cover the interest expense.

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

AMP Business Description

Industry

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AMP:Germany AMP:Australia

Address

50 Bridge Street, Level 29, Sydney, NSW, AUS, 2000

Website

https://www.amp.com.au

AMP, originally established as the Australian Mutual Provident Society, is a financial services provider in Australia and New Zealand. The firm's offerings span across wealth platforms, superannuation products, along with banking services like home loans and savings accounts through AMP Bank. Previously, AMP had a global investment management division under its subsidiary, AMP Capital, which managed a range of asset classes; an insurance business, AMP Life; as well as a financial advice business. These businesses were sold to various institutions throughout 2020-2024 as part of AMP's simplification program.