GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Auto Trader Group PLC (CHIX:AUTOl) » Definitions » Interest Expense

Auto Trader Group (CHIX:AUTOL) Interest Expense : £-3.4 Mil (TTM As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Auto Trader Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Auto Trader Group's interest expense for the six months ended in Mar. 2024 was £ -1.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was £-3.4 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. Auto Trader Group's Operating Income for the six months ended in Mar. 2024 was £ 182.6 Mil. Auto Trader Group's Interest Expense for the six months ended in Mar. 2024 was £ -1.7 Mil. Auto Trader Group's Interest Coverage for the quarter that ended in Mar. 2024 was 107.41. 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.

Auto Trader Group Interest Expense Historical Data

The historical data trend for Auto Trader 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.

Auto Trader Group Interest Expense Chart

Auto Trader Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.70 -3.30 -1.70 -2.80 -3.40

Auto Trader Group Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 -0.70 -1.00 -1.80 -1.70 -1.70

Auto Trader 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 semi-annually data reported by the company within the most recent 12 months, which was £-3.4 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.

Auto Trader Group  (CHIX:AUTOl) 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.

Auto Trader Group's Interest Expense for the six months ended in Mar. 2024 was £-1.7 Mil. Its Operating Income for the six months ended in Mar. 2024 was £182.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was £30.1 Mil.

Auto Trader 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*182.6/-1.7
=107.41

* 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.

Auto Trader Group (CHIX:AUTOL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Auto Trader Group PLC (CHIX:AUTOl) » Definitions » Interest Expense
Comparable Companies
LSE:RMV LSE:MONY LSE:BCG LSE:TIG LSE:OTMP LSE:NWOR LSE:SMV LSE:BBSN LSE:BOOM AQSE:SMK GOOGL META HKSE:00700 XAMS:PRX BIDU SPOT DASH JSE:NPN HKSE:01024 XKRX:035420
Traded in Other Exchanges
ATDRY:USA AUTO:UK 2UA:Germany
Address
1 Tony Wilson Place, 4th Floor, Manchester, GBR, M15 4FN
Website
https://www.autotrader.co.uk
Auto Trader Group PLC is a digital automotive marketplace based in the UK and Ireland, which provides trading channels for a range of vehicles such as cars, trucks, vans, bikes, and farm machinery, as well as relevant services such as car insurance, loans, valuations, and vehicle check services. The company generates revenue from three streams. It derives trade revenue from retailers and home traders advertising vehicles and using Auto Trader's products, which represent the majority of the group income. Consumer services revenue stems from private sellers placing advertisements and from the company's partners who provide services to consumers. Display advertising revenue is earned from manufacturers or their advertising agencies, which advertise their brand or services on the marketplace.

Auto Trader Group (CHIX:AUTOL) Headlines

No Headlines