GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » American Airlines Group Inc (MIL:1AAL) » Definitions » Interest Expense

American Airlines Group (MIL:1AAL) Interest Expense : €-1,817 Mil (TTM As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is American Airlines Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. American Airlines Group's interest expense for the three months ended in Sep. 2024 was € -432 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-1,817 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. American Airlines Group's Operating Income for the three months ended in Sep. 2024 was € 579 Mil. American Airlines Group's Interest Expense for the three months ended in Sep. 2024 was € -432 Mil. American Airlines Group's Interest Coverage for the quarter that ended in Sep. 2024 was 1.34. 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.

American Airlines Group Interest Expense Historical Data

The historical data trend for American 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.

* Premium members only.

American Airlines Group Interest Expense Chart

American Airlines Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -985.50 -1,008.59 -1,593.00 -1,852.13 -1,966.97

American Airlines Group 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 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 -503.17 -475.92 -457.24 -451.49 -432.48

American 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1,817 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.

American Airlines Group  (MIL:1AAL) 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.

American Airlines Group's Interest Expense for the three months ended in Sep. 2024 was €-432 Mil. Its Operating Income for the three months ended in Sep. 2024 was €579 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €29,387 Mil.

American Airlines Group'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*579.343/-432.48
=1.34

* 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.

American Airlines Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » American Airlines Group Inc (MIL:1AAL) » Definitions » Interest Expense
Comparable Companies
ALK SKYW CPA JBLU ALGT ATSG ULCC SNCY FLYX HRBR DAL UAL DUB:RYA LUV NSE:INDIGO SHSE:601111 LSE:IAG SHSE:600029 SGX:C6L IST:THYAO
Traded in Other Exchanges
AAL:USA AAL:Peru AAL:Mexico AAL_KZ:Kazakhstan 0HE6:UK A1G:Germany A1G:Germany A1G:Germany A1G:Germany AALL34:Brazil AAL:Austria
Address
1 Skyview Drive, Fort Worth, TX, USA, 76155
Website
https://www.aa.com
American Airlines is the world's largest airline by aircraft, capacity, and scheduled revenue passenger miles. Its major US hubs are Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. It generates over 30% of US airline revenue connecting Latin America with destinations in the United States. After completing a major fleet renewal, the company has the youngest fleet of US legacy carriers.

American Airlines Group Headlines

No Headlines