Axiata Group Bhd (Axiata Group Bhd) Interest Expense : $-422 Mil (TTM As of Dec. 2023)

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What is Axiata Group Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Axiata Group Bhd's interest expense for the three months ended in Dec. 2023 was $ -21 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-422 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. Axiata Group Bhd's Operating Income for the three months ended in Dec. 2023 was $ 506 Mil. Axiata Group Bhd's Interest Expense for the three months ended in Dec. 2023 was $ -21 Mil. Axiata Group Bhd's Interest Coverage for the quarter that ended in Dec. 2023 was 23.61. 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.

Axiata Group Bhd Interest Expense Historical Data

The historical data trend for Axiata Group Bhd'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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Axiata Group Bhd Interest Expense Chart

Axiata Group Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-275.69

-286.17

-247.02

-317.66

-416.88

Axiata Group Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-9.07	-120.28	-155.80	-124.67	-21.42

Axiata Group Bhd 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 quarterly data reported by the company within the most recent 12 months, which was $-422 Mil.

Axiata Group Bhd (OTCPK:AXXTF) 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.

Axiata Group Bhd's Interest Expense for the three months ended in Dec. 2023 was $-21 Mil. Its Operating Income for the three months ended in Dec. 2023 was $506 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $6,910 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	505.72	/	-21.422
	=	23.61

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Axiata Group Bhd interest coverage is 1.36, which is low.

Axiata Group Bhd (Axiata Group Bhd) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Axiata Group Bhd (OTCPK:AXXTF) » Definitions » Interest Expense

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6888:Malaysia

Address

Level 5, 9 Jalan Stesen Sentral 5, Axiata Tower, Sentral, Kuala Lumpur, SGR, MYS, 50470

Website

https://www.axiata.com

Axiata Group Bhd is a telecommunications company. The business segments of the company are 1) Mobile segment includes the provision of mobile services and other services such as the provision of interconnect services, sale of devices, pay television transmission services, broadband services and digital business and others. 2) Fixed broadband segment is engaged in the broadband and broadcasting business. 3) Infrastructure segment is engaged in the provision of telecommunication infrastructure and related services. 4) Others comprise investment holding entities, financing entities and other operating companies providing other services including digital business and fibre optic transmission. The company has a presence in Malaysia, Indonesia, Bangladesh, Sri Lanka, Nepal, and Cambodia.

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