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Aussie Broadband (ASX:ABB) Interest Expense : A$-22 Mil (TTM As of Dec. 2024)


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What is Aussie Broadband Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aussie Broadband's interest expense for the six months ended in Dec. 2024 was A$ -12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was A$-22 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. Aussie Broadband's Operating Income for the six months ended in Dec. 2024 was A$ 29 Mil. Aussie Broadband's Interest Expense for the six months ended in Dec. 2024 was A$ -12 Mil. Aussie Broadband's Interest Coverage for the quarter that ended in Dec. 2024 was 2.36. 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.


Aussie Broadband Interest Expense Historical Data

The historical data trend for Aussie Broadband'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.

Aussie Broadband Interest Expense Chart

Aussie Broadband Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Interest Expense
- -2.26 -2.48 -10.99 -16.07

Aussie Broadband Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.27 -6.72 -5.90 -10.17 -12.11

Aussie Broadband 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 A$-22 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.


Aussie Broadband  (ASX:ABB) 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.

Aussie Broadband's Interest Expense for the six months ended in Dec. 2024 was A$-12 Mil. Its Operating Income for the six months ended in Dec. 2024 was A$29 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was A$222 Mil.

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

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*28.618/-12.113
=2.36

* 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.


Aussie Broadband Business Description

Traded in Other Exchanges
N/A
Address
3 Electra Avenue, Morwell, VIC, AUS, 3840
Aussie Broadband Ltd is a telecommunications and technology services company in Australia, providing services for Residential, Business, Wholesale, and Enterprise & Government customers.. It provides NBN subscription plans and bundles to residential homes, small businesses, not-for-profits, corporate/enterprise, and managed service providers. It is organized into four operating segments: Residential, Business, Wholesale, and Enterprise and Government. The Residential segment is the main revenue driver for the group. Residential segment provides telecommunications services to residential users. The company services all states and territories in Australia.

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