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Auckland International Airport (NZSE:AIA) Interest Expense : NZ$-83.2 Mil (TTM As of Dec. 2024)


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What is Auckland International Airport Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Auckland International Airport's interest expense for the six months ended in Dec. 2024 was NZ$ -43.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was NZ$-83.2 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. Auckland International Airport's Operating Income for the six months ended in Dec. 2024 was NZ$ 204.8 Mil. Auckland International Airport's Interest Expense for the six months ended in Dec. 2024 was NZ$ -43.9 Mil. Auckland International Airport's Interest Coverage for the quarter that ended in Dec. 2024 was 4.67. 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.

Auckland International Airport Interest Expense Historical Data

The historical data trend for Auckland International Airport'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.

Auckland International Airport Interest Expense Chart

Auckland International Airport Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -71.80 -94.00 -53.70 -62.70 -72.40

Auckland International Airport Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 -30.70 -32.00 -33.10 -39.30 -43.90

Auckland International Airport 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 semi-annually data reported by the company within the most recent 12 months, which was NZ$-83.2 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.

Auckland International Airport  (NZSE:AIA) 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.

Auckland International Airport's Interest Expense for the six months ended in Dec. 2024 was NZ$-43.9 Mil. Its Operating Income for the six months ended in Dec. 2024 was NZ$204.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was NZ$2,139.8 Mil.

Auckland International Airport'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*204.8/-43.9
=4.67

* 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.

Auckland International Airport Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Auckland International Airport Ltd (NZSE:AIA) » Definitions » Interest Expense
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AUKNY:USA ACKDF:USA AIA:Australia
Address
4 Leonard Isitt Drive, Auckland Airport Business District, Manukau, NTL, NZL, 2022
Website
https://www.aucklandairport.co.nz
Auckland Airport is New Zealand's largest airport, handling about 75% of the country's international arrivals and departures. It owns over 1,500 hectares of land, and hosts unregulated ancillary commercial services, including retail and duty-free, car parking, hotels, warehouses, and offices. Substantial development opportunities are set to materially expand capacity over the next decade. The airport also has a 25% stake in the small, but fast-growing Queenstown airport on New Zealand's South Island.