AXXA (Exxe Group) Interest Expense: $ Mil (TTM As of Mar. 2024)

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What is Exxe Group Interest Expense?

Exxe Group AXXA Interest Expense is $ Mil as of Mar. 2024.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Exxe Group's interest expense for the six months ended in Mar. 2024 was $ -0.14 Mil. Exxe Group does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Mar. 2024.

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. Exxe Group's Operating Income for the six months ended in Mar. 2024 was $ 22.15 Mil. Exxe Group's Interest Expense for the six months ended in Mar. 2024 was $ -0.14 Mil. Exxe Group's Interest Coverage for the quarter that ended in Mar. 2024 was 162.90. 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.

Exxe Group  (OTCPK:AXXA) 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.

Exxe Group's Interest Expense for the six months ended in Mar. 2024 was $-0.14 Mil. Its Operating Income for the six months ended in Mar. 2024 was $22.15 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was $22.96 Mil.

Exxe Group's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*22.154/-0.136
=162.90

* 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.

Exxe Group Interest Expense Historical Data

* Premium members only.

The historical data trend for Exxe 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.

Exxe Group Interest Expense Chart

Exxe Group Annual Data
Trend Mar23 Mar24
Interest Expense
-0.97 -0.14

Exxe Group Semi-Annual Data
Mar23 Mar24
Interest Expense -0.97 -0.14

Exxe Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $ Mil mean?
Exxe Group (AXXA) has a Interest Expense of $ Mil as of Mar. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Exxe Group and its competitors.
Is Exxe Group's Interest Expense too high?
Exxe Group's current Interest Expense is $ Mil.
How does Exxe Group's Interest Expense compare to PTEEF and IDVV?
Exxe Group's Interest Expense of $ Mil can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Conglomerates company?
A good Interest Expense depends on the Conglomerates industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Exxe Group and its competitors. Exxe Group's current Interest Expense is $ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exxe Group stock overvalued right now?
Exxe Group (AXXA) has a current Interest Expense of $ Mil. The current Interest Expense is $ Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Exxe Group (AXXA), the current Interest Expense is $ Mil as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Exxe Group Business Description

Address 1345 Avenue of The Americas, 2nd Floor, New York, NY, USA, 10105
Exxe Group Inc is a diversified corporation based in the United States which is a fintech company with assets in private equity, real estate, architectural design, agricultural, automotive, medical, media, and trading technology. The company is engaged in fintech-based financial management, marketing through media and design, management consulting, strategic advisory, and AI-based systems. The company operates in a broad scope of segments that include fintech, real estate, agritech, software, AI, medical products, media and design, automotive products, and automotive repair.