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AF Legal Group (ASX:AFL) Interest Expense : A$-0.21 Mil (TTM As of Dec. 2023)


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What is AF Legal Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AF Legal Group's interest expense for the six months ended in Dec. 2023 was A$ -0.09 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.21 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. AF Legal Group's Operating Income for the six months ended in Dec. 2023 was A$ 1.08 Mil. AF Legal Group's Interest Expense for the six months ended in Dec. 2023 was A$ -0.09 Mil. AF Legal Group's Interest Coverage for the quarter that ended in Dec. 2023 was 11.53. 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.


AF Legal Group Interest Expense Historical Data

The historical data trend for AF Legal 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.

* Premium members only.

AF Legal Group Interest Expense Chart

AF Legal Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.07 -0.12 -0.10 -0.23

AF Legal Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -0.04 -0.06 -0.11 -0.12 -0.09

AF Legal 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.21 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.


AF Legal Group  (ASX:AFL) 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.

AF Legal Group's Interest Expense for the six months ended in Dec. 2023 was A$-0.09 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$1.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$2.35 Mil.

AF Legal Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*1.084/-0.094
=11.53

* 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.


AF Legal Group (ASX:AFL) Business Description

Traded in Other Exchanges
N/A
Address
326 William Street, Level 2, Melbourne, VIC, AUS, 3000
AF Legal Group Ltd is a law firm that specializes in family and relationship law. The firm provides advice to clients in respect of divorce separation, property and children's matters. Its services include property settlement, spousal maintenance, divorce, separation among others.

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