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Freedom Holding (FRA:DMW2) Interest Expense : €-410 Mil (TTM As of Dec. 2023)


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What is Freedom Holding Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Freedom Holding's interest expense for the three months ended in Dec. 2023 was € -120 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-410 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. Freedom Holding's Operating Income for the three months ended in Dec. 2023 was € 221 Mil. Freedom Holding's Interest Expense for the three months ended in Dec. 2023 was € -120 Mil. Freedom Holding's Interest Coverage for the quarter that ended in Dec. 2023 was 1.84. 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.

Freedom Holding Interest Expense Historical Data

The historical data trend for Freedom Holding'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.

Freedom Holding Interest Expense Chart

Freedom Holding Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.96 -9.23 -18.85 -69.87 -195.16

Freedom Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -49.12 -70.96 -87.73 -130.60 -120.33

Freedom Holding 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 €-410 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.

Freedom Holding  (FRA:DMW2) 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.

Freedom Holding's Interest Expense for the three months ended in Dec. 2023 was €-120 Mil. Its Operating Income for the three months ended in Dec. 2023 was €221 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was €276 Mil.

Freedom Holding's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*220.994/-120.331
=1.84

* 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.

Freedom Holding (FRA:DMW2) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Freedom Holding Corp (FRA:DMW2) » Definitions » Interest Expense
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Traded in Other Exchanges
FRHC:USA FRHC_KZ:Kazakhstan
Address
No. 77-7 Al Farabi Avenue, Esentai Tower BC, Floor 7, Almaty, KAZ, 050040
Website
https://www.freedomholdingcorp.com
Freedom Holding Corp is engaged in a broad range of activities in the securities industry, including retail securities brokerage, research, investment counseling, securities trading, market making, corporate investment banking, and underwriting services in Eurasia. It acts as a professional participant through its subsidiaries on the Kazakhstan Stock Exchange (KASE), Moscow Exchange (MOEX), Saint-Petersburg Exchange (SPB), the Ukrainian Exchange, the Uzbek Republican Currency Exchange (UZCE), and the Republican Stock Exchange of Tashkent (UZSE). Its geographical segments are Central Asia, Europe, the United States, and the Middle East/Caucasus, of which Europe accounts for the majority of its revenue.

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