Income Asset Management Group (ASX:IAM) Interest Expense : A$-2.36 Mil (TTM As of Jun. 2024)

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What is Income Asset Management Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Income Asset Management Group's interest expense for the six months ended in Jun. 2024 was A$ -1.16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was A$-2.36 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. Income Asset Management Group's Operating Income for the six months ended in Jun. 2024 was A$ Mil. Income Asset Management Group's Interest Expense for the six months ended in Jun. 2024 was A$ Mil. 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.

Income Asset Management Group Interest Expense Historical Data

The historical data trend for Income Asset Management 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.

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Income Asset Management Group Interest Expense Chart

Income Asset Management Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Interest Expense

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-0.03

-0.39

-0.69

-2.18

-2.47

Income Asset Management Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial															-0.32	-0.69	-1.49	-1.20	-1.16

Income Asset Management 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-2.36 Mil.

Income Asset Management Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Income Asset Management Group Ltd (ASX:IAM) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Martin Place, Level 11, Sydney, NSW, AUS, 2000

Website

https://www.incomeam.com

Income Asset Management Group Ltd is engaged in providing investment services. It delivers financial product solutions in Cash/Deposits and Fixed Income to wholesale, sophisticated clients and professional investors. It also owns a trustee business that provides responsible entity, custody, and trustee services internally. The company holds licenses for margin lending, foreign exchange, derivatives trading, and market-making.

Income Asset Management Group Headlines

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