Airtasker (ASX:ART) Interest Expense : A$-0.05 Mil (TTM As of Dec. 2023)

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What is Airtasker Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Airtasker's interest expense for the six months ended in Dec. 2023 was A$ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.05 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. Airtasker's Operating Income for the six months ended in Dec. 2023 was A$ -0.95 Mil. Airtasker's Interest Expense for the six months ended in Dec. 2023 was A$ -0.00 Mil. Airtasker 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.

Airtasker Interest Expense Historical Data

The historical data trend for Airtasker'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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Airtasker Interest Expense Chart

Airtasker Annual Data

Trend

Jun21

Jun22

Jun23

Interest Expense

-0.07

-0.02

-0.08

Airtasker Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial			-	-0.03	-0.04	-0.04	-

Airtasker 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 A$-0.05 Mil.

Airtasker (ASX:ART) 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.

Airtasker's Interest Expense for the six months ended in Dec. 2023 was A$-0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-0.95 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$2.13 Mil.

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

Airtasker did not have earnings to cover the interest expense.

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

Airtasker (ASX:ART) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Airtasker Ltd (ASX:ART) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

24-28 Campbell Street, Level 6, Haymarket, NSW, AUS, 2000

Website

https://www.airtasker.com

Airtasker Ltd is a community platform that connects people who need to outsource tasks and find local services, with people who are looking to earn money and ready to work. It helps to complete home cleaning, handyman jobs, admin work, photography, graphic design or even build a website. The company generates revenue from service fees and stored value brokerage.

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