OMG (OMGL Holdings) Interest Expense: $-2.06 Mil (TTM As of Sep. 2024)


What is OMGL Holdings Interest Expense?

OMGL Holdings OMG Interest Expense is $-2.06 Mil as of Sep. 2024.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. OMGL Holdings's interest expense for the three months ended in Sep. 2024 was $ -0.60 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-2.06 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. OMGL Holdings's Operating Income for the three months ended in Sep. 2024 was $ -2.06 Mil. OMGL Holdings's Interest Expense for the three months ended in Sep. 2024 was $ -0.60 Mil. OMGL Holdings 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.

OMGL Holdings  (NAS:OMG) 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.

OMGL Holdings's Interest Expense for the three months ended in Sep. 2024 was $-0.60 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-2.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $25.21 Mil.

OMGL Holdings's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

OMGL Holdings 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.

OMGL Holdings Interest Expense Historical Data

* Premium members only.

The historical data trend for OMGL Holdings'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.

OMGL Holdings Interest Expense Chart

OMGL Holdings Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Interest Expense
-2.64 -0.41 0.00 -1.90

OMGL Holdings Quarterly Data
Jun21 Jun22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Interest Expense Get a 7-Day Free Trial Premium Member Only -0.42 -0.43 -0.48 -0.55 -0.60

OMGL Holdings 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 $-2.06 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 $-2.06 Mil mean?
OMGL Holdings (OMG) has a Interest Expense of $-2.06 Mil as of Sep. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on OMGL Holdings and its competitors.
Is OMGL Holdings' Interest Expense too high?
OMGL Holdings' current Interest Expense is $-2.06 Mil.
How does OMGL Holdings' Interest Expense compare to ?
OMGL Holdings' Interest Expense of $-2.06 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Interest Expense depends on the Capital Markets 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 OMGL Holdings and its competitors. OMGL Holdings's current Interest Expense is $-2.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OMGL Holdings stock overvalued right now?
OMGL Holdings (OMG) has a current Interest Expense of $-2.06 Mil. The current Interest Expense is $-2.06 Mil. 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 OMGL Holdings (OMG), the current Interest Expense is $-2.06 Mil as of Sep. 2024. 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.

OMGL Holdings Business Description

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Address Level 28, 1 Market Street, Sydney, NSW, AUS, 2000
OMGL Holdings Ltd is an Australian financial services technology group powering its various client group including fintech's, dealer groups and private wealth advisers, traders and stockbrokers. Its suite of trading and market infrastructure are the foundations for a technology-focused broker dealer that connects investors with advice professionals and fintech's.