FGETF (Flight Centre Travel Group) Interest Expense : $-41 Mil (TTM As of Dec. 2024)

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What is Flight Centre Travel Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Flight Centre Travel Group's interest expense for the six months ended in Dec. 2024 was $ -18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-41 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. Flight Centre Travel Group's Operating Income for the six months ended in Dec. 2024 was $ 55 Mil. Flight Centre Travel Group's Interest Expense for the six months ended in Dec. 2024 was $ -18 Mil. Flight Centre Travel Group's Interest Coverage for the quarter that ended in Dec. 2024 was 2.96. 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.

Flight Centre Travel Group Interest Expense Historical Data

The historical data trend for Flight Centre Travel Group'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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Flight Centre Travel Group Interest Expense Chart

Flight Centre Travel Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Interest Expense

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-26.40

-18.81

-34.37

-52.01

-46.55

Flight Centre Travel Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial															-25.16	-26.99	-23.95	-22.79	-18.43

Flight Centre Travel Group 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 semi-annually data reported by the company within the most recent 12 months, which was $-41 Mil.

Flight Centre Travel Group (OTCPK:FGETF) 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.

Flight Centre Travel Group's Interest Expense for the six months ended in Dec. 2024 was $-18 Mil. Its Operating Income for the six months ended in Dec. 2024 was $55 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was $494 Mil.

Flight Centre Travel Group'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	*	54.577	/	-18.429
	=	2.96

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

Flight Centre Travel Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Flight Centre Travel Group Ltd (OTCPK:FGETF) » Definitions » Interest Expense

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FLI:Germany FLT:Australia

Address

275 Grey Street, South Brisbane, Brisbane, QLD, AUS, 4101

Website

https://www.fctgl.com

Flight Centre Travel is one of the largest travel agencies in the world. The group generates just over 50% of its total transaction value, or TTV, from the corporate market, just under 50% from the leisure market, and the rest from ancillary travel-related activities. In corporate travel, Flight Centre is a global Top 4 player operating in over 100 countries, with different brands catering to various customer segments (small and midsize businesses to large enterprises). In leisure, Flight Centre operates a network of over 550 shops generating 70% of the leisure TTV, online channels generating just under 20%, and the rest from independent agents. Over half of group TTV is generated in Australia and New Zealand, 20% from Americas, just under 20% from Europe, and the rest from Asia.