Amadeus IT Group (XTER:AI3A) Interest Expense : €-105 Mil (TTM As of Mar. 2024)

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What is Amadeus IT Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Amadeus IT Group's interest expense for the three months ended in Mar. 2024 was € -24 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-105 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. Amadeus IT Group's Operating Income for the three months ended in Mar. 2024 was € 422 Mil. Amadeus IT Group's Interest Expense for the three months ended in Mar. 2024 was € -24 Mil. Amadeus IT Group's Interest Coverage for the quarter that ended in Mar. 2024 was 17.89. 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.

Amadeus IT Group Interest Expense Historical Data

The historical data trend for Amadeus IT Group'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.

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Amadeus IT Group Interest Expense Chart

Amadeus IT Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-43.20

-73.70

-91.40

-86.40

-92.20

Amadeus IT Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-22.40	-32.10	-19.80	-29.80	-23.60

Amadeus IT Group 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 €-105 Mil.

Amadeus IT Group (XTER:AI3A) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Amadeus IT Group's Interest Expense for the three months ended in Mar. 2024 was €-24 Mil. Its Operating Income for the three months ended in Mar. 2024 was €422 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €3,349 Mil.

Amadeus IT Group's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	422.1	/	-23.6
	=	17.89

The higher the ratio, the stronger the company's financial strength is.

Amadeus IT Group (XTER:AI3A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Amadeus IT Group SA (XTER:AI3A) » Definitions » Interest Expense

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Traded in Other Exchanges

AMADY:USA AMADF:USA AMS:Mexico 1AMS:Italy AMSe:UK 0P2W:UK AMS:Spain AI3A:Germany

Address

Salvador de Madariaga, 1, Madrid, ESP, 28027

Website

https://www.amadeus.com

Among the top three operators, Amadeus' 40%-plus market share in air global distribution system bookings is the largest in the industry. The GDS segment represented 56% of total prepandemic sales in 2019. The company has a growing IT solutions division (44% of 2019 revenue) that addresses the airline, airport, rail, hotel, and business intelligence markets. Transaction fees, which are tied to volume and not price, account for the bulk of sales and profits.

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