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Wizz Air Holdings (CHIX:WIZZL) Interest Expense : £-76 Mil (TTM As of Dec. 2023)


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What is Wizz Air Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wizz Air Holdings's interest expense for the three months ended in Dec. 2023 was £ -43 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was £-76 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. Wizz Air Holdings's Operating Income for the three months ended in Dec. 2023 was £ -155 Mil. Wizz Air Holdings's Interest Expense for the three months ended in Dec. 2023 was £ -43 Mil. Wizz Air Holdings did not have earnings to cover the interest expense. 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.


Wizz Air Holdings Interest Expense Historical Data

The historical data trend for Wizz Air Holdings'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.

Wizz Air Holdings Interest Expense Chart

Wizz Air Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -81.69 -67.29 -74.81 -119.28 -168.26

Wizz Air Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Dec23 Mar24
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 -28.68 -33.14 -32.91 -43.16 -

Wizz Air Holdings 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 £-76 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.


Wizz Air Holdings  (CHIX:WIZZl) 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.

Wizz Air Holdings's Interest Expense for the three months ended in Dec. 2023 was £-43 Mil. Its Operating Income for the three months ended in Dec. 2023 was £-155 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was £0 Mil.

Wizz Air Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Wizz Air Holdings did not have earnings to cover the interest expense.

* 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.


Wizz Air Holdings (CHIX:WIZZL) Business Description

Address
44 The Esplanade, Saint Helier, JEY, JE4 9WG
Wizz Air Holdings PLC is one of the fastest-growing airlines in Europe focusing on the Central and Eastern European region. The company employs a low-cost no-frills model to offer low fares to leisure customers on short-haul routes. Geographically, it derives a majority of its revenue from EU regions.

Wizz Air Holdings (CHIX:WIZZL) Headlines

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