IMXI (International Money Express) Interest Expense : $-11.8 Mil (TTM As of Sep. 2024)

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What is International Money Express Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. International Money Express's interest expense for the three months ended in Sep. 2024 was $ -3.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-11.8 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. International Money Express's Operating Income for the three months ended in Sep. 2024 was $ 27.9 Mil. International Money Express's Interest Expense for the three months ended in Sep. 2024 was $ -3.2 Mil. International Money Express's Interest Coverage for the quarter that ended in Sep. 2024 was 8.70. 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.

International Money Express Interest Expense Historical Data

The historical data trend for International Money Express'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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International Money Express Interest Expense Chart

International Money Express Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-8.51

-6.57

-4.54

-5.63

-10.43

International Money Express Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-2.80	-2.78	-2.70	-3.10	-3.20

International Money Express 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.8 Mil.

International Money Express (NAS:IMXI) 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.

International Money Express's Interest Expense for the three months ended in Sep. 2024 was $-3.2 Mil. Its Operating Income for the three months ended in Sep. 2024 was $27.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $158.2 Mil.

International Money Express's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	27.852	/	-3.2
	=	8.70

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

International Money Express Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » International Money Express Inc (NAS:IMXI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

IMXI:Mexico

Address

9100 South Dadeland Boulevard, Suite 1100, Miami, FL, USA, 33156

Website

https://www.intermexonline.com

International Money Express Inc is a processor of money transfer services in the USA to the Latin America and the Caribbean (LAC) corridor. The company offers wire transfer, money order, Foreign exchange, and cash checking services, while the majority of the revenue is derived from wire transfer and money order fees. The firm's business is organized around one reportable segment that provides money remittance services between the U.S. and Canada to Mexico, Guatemala, and other countries in Latin America, Africa, and Asia.

Executives

Joseph Aguilar	officer: Chief Operating Officer	9480 S. DIXIE HIGHWAY, MIAMI FL 33156
Robert Lisy	director, officer: CEO, President and Chairman	INTERNATIONAL MONEY EXPRESS, INC., 9480 S. DIXIE HIGHWAY, MIAMI FL 33156
Christopher D. Hunt	officer: Chief Operating Officer	9480 S. DIXIE HIGHWAY, MIAMI FL 33156
John Rincon	director	INTERNATIONAL MONEY EXPRESS, INC., 9480 S. DIXIE HIGHWAY, MIAMI FL 33156
Adam P Godfrey	director, 10 percent owner, other: Member of 10% Owner Group	ATTN.: PAUL KARDISH, 3101 PACKERLAND DRIVE, GREEN BAY WI 54313
Justin B Wender	director, 10 percent owner, other: Member of 10 % Onwer Group	150 EAST 58TH STREET, NEW YORK NY 10155
Andras Quinn Bende	officer: Chief Financial Officer	9481 S DIXIE HIGHWAY, MIAMI FL 33156
Ernesto Luciano	officer: General Counsel, CLO & Sec	9480 S DIXIE HIGHWAY, MIAMI FL 33156
Fernandez Bernardo B. Jr.	director	9480 S DIXIE HIGHWAY, MIAMI FL 33156
Debra A Bradford	director
Michael J. Purcell	director	C/O PATRIOT NATIONAL, INC., 401 E. LAS OLAS BLVD., SUITE 1650, FORT LAUDERDALE FL 33301
Laura I Maydon	director	9480 S. DIXIE HIGHWAY, MIAMI FL 33156
Jose Perez-villarreal	officer: CAO & Chief Compliance Officer	INTERNATIONAL MONEY EXPRESS, INC., 9480 S. DIXIE HIGHWAY, MIAMI FL 33156
Stella Point Capital Llc	10 percent owner, other: Member of 10% Owner Group	444 MADISON AVENUE, 25TH FLOOR, NEW YORK NY 10022
Spc Intermex Representative Llc	10 percent owner, other: Member of 10% Owner Group	444 MADISON AVENUE, 25TH FLOOR, NEW YORK NY 10022