Air New Zealand (NZSE:AIR) Interest Expense: NZ$-138 Mil (TTM As of Dec. 2025)


NZSE:AIR Air New Zealand Ltd NZSE:AIR
40 GF Score
Price NZ$0.44
GF Value NZ$0.65
Valuation Possible Value Trap
! 6 Warning Signs
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What is Air New Zealand Interest Expense?

Air New Zealand NZSE:AIR 40 Interest Expense is NZ$-138 Mil as of Dec. 2025. GuruFocus rates NZSE:AIR with a GF Score™ of 40/100 and a GF Value™ of NZ$0.65 (Possible Value Trap). The stock has 6 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Air New Zealand's interest expense for the six months ended in Dec. 2025 was NZ$ -70 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2025 was NZ$-138 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. Air New Zealand's Operating Income for the six months ended in Dec. 2025 was NZ$ -191 Mil. Air New Zealand's Interest Expense for the six months ended in Dec. 2025 was NZ$ -70 Mil. Air New Zealand did not have earnings to cover the interest expense. 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.

Air New Zealand  (NZSE:AIR) 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.

Air New Zealand's Interest Expense for the six months ended in Dec. 2025 was NZ$-70 Mil. Its Operating Income for the six months ended in Dec. 2025 was NZ$-191 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2025 was NZ$2,389 Mil.

Air New Zealand's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Air New Zealand did not have earnings to cover the interest expense.

* 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.

Air New Zealand Interest Expense Historical Data

* Premium members only.

The historical data trend for Air New Zealand'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.

Air New Zealand Interest Expense Chart

Air New Zealand Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -90.00 -94.00 -164.00 -186.00 -149.00

Air New Zealand Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -97.00 -89.00 -81.00 -68.00 -70.00
NZSE:AIR
40GF Score
Air New Zealand Ltd NZSE:AIR
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Air New Zealand 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. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was NZ$-138 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of NZ$-138 Mil mean?
Air New Zealand (NZSE:AIR) has a Interest Expense of NZ$-138 Mil as of Dec. 2025. Interest Expense is the amount a company pays on its long-term debt. View historical data on Air New Zealand and its competitors.
Is Air New Zealand's Interest Expense too high?
Air New Zealand's current Interest Expense is NZ$-138 Mil. Overall, Air New Zealand has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Air New Zealand's Interest Expense compare to DAL and UAL?
Air New Zealand's Interest Expense of NZ$-138 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Transportation company?
A good Interest Expense depends on the Transportation industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Air New Zealand and its competitors. Air New Zealand's current Interest Expense is NZ$-138 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air New Zealand stock overvalued right now?
Based on GuruFocus' analysis, Air New Zealand (NZSE:AIR) is currently considered Possible Value Trap. The stock's GF Value™ is NZ$0.65, compared to a current price of NZ$0.44 — trading 33.1% below its estimated fair value. The current Interest Expense is NZ$-138 Mil. Air New Zealand's overall GF Score™ is 40/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Air New Zealand (NZSE:AIR), the current Interest Expense is NZ$-138 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Air New Zealand (NZSE:AIR) Overvalued in 2026?

Based on GuruFocus' analysis, Air New Zealand stock appears to be undervalued. The current stock price of NZ$0.44 is trading 33.1% below its estimated GF Value™ of NZ$0.65. GuruFocus considers Air New Zealand to be Possible Value Trap.

Key valuation signals for NZSE:AIR:

  • Interest Expense: NZ$-138 Mil
  • GF Value™: NZ$0.65 vs. price of NZ$0.44 (33.1% below fair value)
  • GF Score™: 40/100 with 6 warning signs

No single metric tells the full story. See the NZSE:AIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Air New Zealand Business Description

Address 185 Fanshawe Street, Air New Zealand House, Auckland, NTL, NZL, 1010
Air New Zealand, majority owned by the New Zealand government, provides air passenger and cargo transport services within New Zealand as well as to and from Australia, the Southwest Pacific, Asia, North America, the United Kingdom, and South America. Air New Zealand also encompasses business units providing engineering and ground handling services. Air New Zealand dominates the local market with around 80% share, although the majority of revenue is derived from international and trans-Tasman activity.
40GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NZ$0.44
Price
NZ$0.65
GF Value