GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » IAC Inc (LTS:0J7Q) » Definitions » Interest Expense

IAC (LTS:0J7Q) Interest Expense : $-156 Mil (TTM As of Dec. 2024)


View and export this data going back to 2022. Start your Free Trial

What is IAC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. IAC's interest expense for the three months ended in Dec. 2024 was $ -37 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-156 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. IAC's Operating Income for the three months ended in Dec. 2024 was $ 51 Mil. IAC's Interest Expense for the three months ended in Dec. 2024 was $ -37 Mil. IAC's Interest Coverage for the quarter that ended in Dec. 2024 was 1.37. 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.


IAC Interest Expense Historical Data

The historical data trend for IAC'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.

IAC Interest Expense Chart

IAC Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial -16.17 -34.26 -110.17 -157.63 -155.89

IAC 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 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 -40.23 -39.72 -39.52 -39.70 -36.95

IAC 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 $-156 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.


IAC  (LTS:0J7Q) 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.

IAC's Interest Expense for the three months ended in Dec. 2024 was $-37 Mil. Its Operating Income for the three months ended in Dec. 2024 was $51 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $1,932 Mil.

IAC'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*50.621/-36.954
=1.37

* 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.


IAC Business Description

Traded in Other Exchanges
Address
555 West 18th Street, New York, NY, USA, 10011
IAC Inc is comprised of businesses including Angi Inc, Dotdash Meredith and Care.com, among many others ranging from early stage to established businesses. Its Dotdash Meredith segment consists of its Digital and Print businesses. Angi segment offers repairing and remodeling homes to cleaning and landscaping services. Care.com segment is a online destination for families to connect with caregivers for their children, aging parents, pets and homes and for caregivers to connect with families seeking care services. Search segment consists of a collection of websites providing general search services and information, and a Desktop business, which includes business-to-business partnership operations.

IAC Headlines

No Headlines