Azul (AZUL) Interest Expense : $-869 Mil (TTM As of Dec. 2024)

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What is Azul Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Azul's interest expense for the three months ended in Dec. 2024 was $ -199 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-869 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. Azul's Operating Income for the three months ended in Dec. 2024 was $ 203 Mil. Azul's Interest Expense for the three months ended in Dec. 2024 was $ -199 Mil. Azul's Interest Coverage for the quarter that ended in Dec. 2024 was 1.02. 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.

Azul Interest Expense Historical Data

The historical data trend for Azul'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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Azul Interest Expense Chart

Azul Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-429.93

-613.30

-808.35

-929.77

-796.23

Azul Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-217.51	-223.11	-221.47	-225.20	-198.75

Azul 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 quarterly data reported by the company within the most recent 12 months, which was $-869 Mil.

Azul (NYSE:AZUL) 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.

Azul's Interest Expense for the three months ended in Dec. 2024 was $-199 Mil. Its Operating Income for the three months ended in Dec. 2024 was $203 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $4,736 Mil.

Azul'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	*	203.032	/	-198.754
	=	1.02

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. Azul SAs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Azul Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Azul SA (NYSE:AZUL) » Definitions » Interest Expense

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8AZA:Germany AZUL4:Brazil

Address

Avenida Marcos Penteado de Ulhoa Rodrigues, 939, Edificio Jatoba, 8th Floor, Castelo Branco Office Park, Tambore, Barueri, Sao Paulo, SP, BRA, 06460-040

Website

https://www.ri.voeazul.com.br

Azul SA is involved in the operation of regular and non-regular airline passenger services, cargo or mail, passenger charter, provision of maintenance and hangarage services for aircraft, engines, parts and pieces, aircraft acquisition and lease, development of frequent-flyer programs, development of related activities and equity holding in other companies. The Company considers that it has a single reportable segment which is air transport.