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Ameriprise Financial (BSP:A1MP34) Interest Expense : R$-1,807 Mil (TTM As of Dec. 2024)


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What is Ameriprise Financial Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ameriprise Financial's interest expense for the three months ended in Dec. 2024 was R$ -470 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was R$-1,807 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. Ameriprise Financial's Operating Income for the three months ended in Dec. 2024 was R$ 8,718 Mil. Ameriprise Financial's Interest Expense for the three months ended in Dec. 2024 was R$ -470 Mil. Ameriprise Financial's Interest Coverage for the quarter that ended in Dec. 2024 was 18.56. 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.


Ameriprise Financial Interest Expense Historical Data

The historical data trend for Ameriprise Financial'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.

Ameriprise Financial Interest Expense Chart

Ameriprise Financial Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -833.44 -1,080.09 -1,038.59 -1,587.54 -2,007.23

Ameriprise Financial 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 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 -411.58 -408.34 -447.05 -481.79 -469.78

Ameriprise Financial 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 R$-1,807 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.


Ameriprise Financial  (BSP:A1MP34) 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.

Ameriprise Financial's Interest Expense for the three months ended in Dec. 2024 was R$-470 Mil. Its EBIT for the three months ended in Dec. 2024 was R$8,718 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was R$29,108 Mil.

Ameriprise Financial's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* EBIT (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*8718.329/-469.777
=18.56

* 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.


Ameriprise Financial Business Description

Traded in Other Exchanges
Address
1099 Ameriprise Financial Center, Minneapolis, MN, USA, 55474
Ameriprise Financial is a major player in the us market for asset and wealth management, with around $1.5 trillion in total assets under management and administration at the end of 2024. With about 10,500 advisors, Ameriprise has one of the largest branded advisor networks in the industry. About 80% of the company's revenue comes from its asset and wealth management segments. Ameriprise has reduced its exposure to insurance with the sale of its auto and home insurance business in 2019 and discontinuing the sale of proprietary fixed annuities in 2020.

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