International Consolidated Airlines Group (LSE:IAG) Interest Expense : £-760 Mil (TTM As of Dec. 2024)

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What is International Consolidated Airlines Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. International Consolidated Airlines Group's interest expense for the three months ended in Dec. 2024 was £ -186 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was £-760 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 Consolidated Airlines Group's Operating Income for the three months ended in Dec. 2024 was £ 808 Mil. International Consolidated Airlines Group's Interest Expense for the three months ended in Dec. 2024 was £ -186 Mil. International Consolidated Airlines Group's Interest Coverage for the quarter that ended in Dec. 2024 was 4.34. 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 Consolidated Airlines Group Interest Expense Historical Data

The historical data trend for International Consolidated Airlines 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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International Consolidated Airlines Group Interest Expense Chart

International Consolidated Airlines Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-576.56

-652.58

-851.44

-943.35

-747.10

International Consolidated Airlines Group 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															-196.42	-195.04	-205.60	-172.85	-186.36

International Consolidated Airlines 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 quarterly data reported by the company within the most recent 12 months, which was £-760 Mil.

International Consolidated Airlines Group (LSE:IAG) 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 Consolidated Airlines Group's Interest Expense for the three months ended in Dec. 2024 was £-186 Mil. Its Operating Income for the three months ended in Dec. 2024 was £808 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was £11,488 Mil.

International Consolidated Airlines 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	*	808.394	/	-186.361
	=	4.34

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

International Consolidated Airlines Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » International Consolidated Airlines Group SA (LSE:IAG) » Definitions » Interest Expense

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Traded in Other Exchanges

ICAGY:USA BABWF:USA IAG N:Mexico 1IAG:Italy IAGl:UK 0A2L:UK IAG:Spain INR:Germany IAG:Austria

Address

El Caserio, Iberia Zona Industrial No. 2, Camino de La Munoza, s/n, Madrid, ESP, 28042

Website

https://www.iairgroup.com

International Consolidated Airlines Group SA is a European airline group flying under the British Airways, Iberia, Aer Lingus, and Vueling brands. The group's main airport hubs are London Heathrow, London Gatwick, Madrid, Barcelona, and Dublin. Geographically, it derives a majority of its revenue from the United Kingdom. The group has determined its operating segments as British Airways, Iberia, Vueling, Aer Lingus and IAG Loyalty.