GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » London Stock Exchange Group PLC (FRA:LS4C) » Definitions » Interest Expense

London Stock Exchange Group (FRA:LS4C) Interest Expense : €-327 Mil (TTM As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is London Stock Exchange Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. London Stock Exchange Group's interest expense for the six months ended in Dec. 2023 was € -136 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-327 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. London Stock Exchange Group's Operating Income for the six months ended in Dec. 2023 was € 902 Mil. London Stock Exchange Group's Interest Expense for the six months ended in Dec. 2023 was € -136 Mil. London Stock Exchange Group's Interest Coverage for the quarter that ended in Dec. 2023 was 6.64. 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.


London Stock Exchange Group Interest Expense Historical Data

The historical data trend for London Stock Exchange 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.

* Premium members only.

London Stock Exchange Group Interest Expense Chart

London Stock Exchange Group Annual Data
Trend Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -90.83 -65.19 -233.02 -277.11 -326.17

London Stock Exchange Group Semi-Annual Data
Mar14 Sep14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 -111.80 -125.82 -80.49 -191.13 -135.81

London Stock Exchange 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-327 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.


London Stock Exchange Group  (FRA:LS4C) 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.

London Stock Exchange Group's Interest Expense for the six months ended in Dec. 2023 was €-136 Mil. Its Operating Income for the six months ended in Dec. 2023 was €902 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €8,744 Mil.

London Stock Exchange Group'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*901.91/-135.809
=6.64

* 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.


London Stock Exchange Group Business Description

Traded in Other Exchanges
Address
10 Paternoster Square, London, GBR, EC4M 7LS
London Stock Exchange Group is a fully integrated financial exchange company covering the financial market value chain from primary and secondary markets across multiple asset classes over data, index and analytics down to clearing and post-trading reporting. With the acquisition of Refinitiv, LSEG generates about two thirds of its revenue from data and analytics including its FTSE Russell and WM/Refinitiv benchmarks as well as data feeds and terminals. The group is also a majority shareholder in Tradeweb, one of the dominant global fixed income trading venues, as well as LCH, the largest clearing house for over-the-counter swaps globally.

London Stock Exchange Group Headlines

No Headlines