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Aforti Holding (WAR:AFH) Interest Expense : zł-17.9 Mil (TTM As of Mar. 2024)


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What is Aforti Holding Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aforti Holding's interest expense for the three months ended in Mar. 2024 was zł -5.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was zł-17.9 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. Aforti Holding's Operating Income for the three months ended in Mar. 2024 was zł -2.2 Mil. Aforti Holding's Interest Expense for the three months ended in Mar. 2024 was zł -5.6 Mil. Aforti Holding 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.


Aforti Holding Interest Expense Historical Data

The historical data trend for Aforti Holding'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.

Aforti Holding Interest Expense Chart

Aforti Holding Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.91 -7.01 -8.92 -7.99 -7.88

Aforti Holding Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Mar24
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 -5.04 -6.33 -6.89 -5.40 -5.62

Aforti Holding 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was zł-17.9 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.


Aforti Holding  (WAR:AFH) 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.

Aforti Holding's Interest Expense for the three months ended in Mar. 2024 was zł-5.6 Mil. Its Operating Income for the three months ended in Mar. 2024 was zł-2.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was zł141.2 Mil.

Aforti Holding's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Aforti Holding 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.


Aforti Holding (WAR:AFH) Business Description

Traded in Other Exchanges
N/A
Address
ulica Chalubinskiego 8, Warszawa, POL, 00-613
Aforti Holding SA is a financial group that offers services in private and corporate finance. The company addresses the needs of Entrepreneurs as well as companies of the SME sector by offering a wide range of financial services that support business development, such as financing the company operations, online foreign exchange, management of liabilities, or factoring. It operates in Warsaw, Szczecin, Poznan, Cracow, Rzeszow, Rybnik, and Katowice.

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