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Altice Europe NV (XAMS:ATCT) Interest Expense : €-1,938.70 Mil (TTM As of Sep. 2020)


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What is Altice Europe NV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Altice Europe NV's interest expense for the three months ended in Sep. 2020 was € -445.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2020 was €-1,938.70 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. Altice Europe NV's Operating Income for the three months ended in Sep. 2020 was € 457.00 Mil. Altice Europe NV's Interest Expense for the three months ended in Sep. 2020 was € -445.00 Mil. Altice Europe NV's Interest Coverage for the quarter that ended in Sep. 2020 was 1.03. 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.


Altice Europe NV Interest Expense Historical Data

The historical data trend for Altice Europe NV'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.

Altice Europe NV Interest Expense Chart

Altice Europe NV Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,876.60 -3,251.30 -2,328.50 -2,007.20 -2,208.30

Altice Europe NV Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 -538.30 -532.40 -491.10 -470.20 -445.00

Altice Europe NV 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1,938.70 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.


Altice Europe NV  (XAMS:ATCT) 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.

Altice Europe NV's Interest Expense for the three months ended in Sep. 2020 was €-445.00 Mil. Its Operating Income for the three months ended in Sep. 2020 was €457.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2020 was €33,646.80 Mil.

Altice Europe NV's Interest Coverage for the quarter that ended in Sep. 2020 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2020 )/Interest Expense (Q: Sep. 2020 )
=-1*457/-445
=1.03

* 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.

Warning Sign:

Ben Graham prefers companies interest coverage is at least 5. Altice Europe NVs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


Altice Europe NV (XAMS:ATCT) Business Description

Traded in Other Exchanges
N/A
Address
Oostdam 1, Woerden, NLD, 3441 EM
Altice Europe NV is engaged in telecom, content, media, entertainment and advertising. The company delivers products and solutions over fibre networks and mobile broadband. It is also a provider of enterprise digital solutions to business customers. The company's segments areFrance, Portugal, Israel, Dominican Republic, Teads, Altice TV, and Others.

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