Aitken Spence (COL:SPEN.N0000) Interest Expense : රු-7,523 Mil (TTM As of Dec. 2024)

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What is Aitken Spence Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aitken Spence's interest expense for the three months ended in Dec. 2024 was රු -1,896 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was රු-7,523 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. Aitken Spence's Operating Income for the three months ended in Dec. 2024 was රු 4,003 Mil. Aitken Spence's Interest Expense for the three months ended in Dec. 2024 was රු -1,896 Mil. Aitken Spence's Interest Coverage for the quarter that ended in Dec. 2024 was 2.11. 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.

Aitken Spence Interest Expense Historical Data

The historical data trend for Aitken Spence'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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Aitken Spence Interest Expense Chart

Aitken Spence Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-2,817.20

-3,060.62

-3,839.95

-11,391.06

-10,325.33

Aitken Spence 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															-2,602.73	-1,784.26	-1,933.86	-1,908.40	-1,896.36

Aitken Spence 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 රු-7,523 Mil.

Aitken Spence (COL:SPEN.N0000) 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.

Aitken Spence's Interest Expense for the three months ended in Dec. 2024 was රු-1,896 Mil. Its Operating Income for the three months ended in Dec. 2024 was රු4,003 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was රු48,594 Mil.

Aitken Spence'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	*	4003.022	/	-1896.361
	=	2.11

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

Aitken Spence Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Aitken Spence PLC (COL:SPEN.N0000) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

No. 315, Vauxhall Street, Aitken Spence Towers II, Colombo, LKA, 02

Website

https://www.aitkenspence.com

Aitken Spence PLC is a Sri Lankan-based conglomerate company. Its segments consist of Tourism, Maritime and Freight Logistics, Strategic Investments, and Services. The tourism segment includes Hotels, destination management, and Airline GSA. Maritime and Freight Logistics segments consist of Maritime and Port Services, Freight Forwarding and Courier, Airline GSA (Cargo), Integrated Logistics, and Education. Strategic Investment includes Power Generation, Apparel Manufacture, Printing and Packaging, and Plantations. The services sector is engaged in Money Transfer Services, Elevator Agencies, Insurance, and Property Management. The company's geographical segments are Sri Lanka, Maldives, and Other Countries.

Aitken Spence Headlines

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