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Finexia Financial Group (ASX:FNX) Interest Expense : A$-10.24 Mil (TTM As of Dec. 2024)


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What is Finexia Financial Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Finexia Financial Group's interest expense for the six months ended in Dec. 2024 was A$ -5.41 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was A$-10.24 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. Finexia Financial Group's Operating Income for the six months ended in Dec. 2024 was A$ 4.91 Mil. Finexia Financial Group's Interest Expense for the six months ended in Dec. 2024 was A$ -5.41 Mil. Finexia Financial Group's Interest Coverage for the quarter that ended in Dec. 2024 was 0.91. 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.


Finexia Financial Group Interest Expense Historical Data

The historical data trend for Finexia Financial 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.

Finexia Financial Group Interest Expense Chart

Finexia Financial Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.09 -1.17 -2.12 -5.03 -8.20

Finexia Financial Group 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 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 -0.02 -5.01 -3.37 -4.84 -5.41

Finexia Financial 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-10.24 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.


Finexia Financial Group  (ASX:FNX) 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.

Finexia Financial Group's Interest Expense for the six months ended in Dec. 2024 was A$-5.41 Mil. Its Operating Income for the six months ended in Dec. 2024 was A$4.91 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was A$112.19 Mil.

Finexia Financial Group'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*4.912/-5.406
=0.91

* 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.


Finexia Financial Group Business Description

Traded in Other Exchanges
N/A
Address
264 George Street, Level 18, Australia Square Tower Building, Sydney, NSW, AUS, 2000
Finexia Financial Group Ltd is a diversified financial services company engaged in private credit, funds management, and structured financing. The company focuses on lending markets, particularly in the childcare sector, where it provides financial solutions for acquiring, opening, refurbishing, and expanding childcare centers. Additionally, Finexia rewards investors with monthly distributions, offering a consistent income stream. Its operating segments include Stockbroking and Corporate Advisory, Funds and Asset Management, and Private Credit.

Finexia Financial Group Headlines