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African Media Entertainment (JSE:AME) Interest Expense : R0.0 Mil (TTM As of Sep. 2023)


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What is African Media Entertainment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. African Media Entertainment's interest expense for the six months ended in Sep. 2023 was R 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was R0.0 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. African Media Entertainment's Operating Income for the six months ended in Sep. 2023 was R 19.5 Mil. African Media Entertainment's Interest Expense for the six months ended in Sep. 2023 was R 0.0 Mil. African Media Entertainment has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


African Media Entertainment Interest Expense Historical Data

The historical data trend for African Media Entertainment'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.

African Media Entertainment Interest Expense Chart

African Media Entertainment Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
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African Media Entertainment Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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African Media Entertainment 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R0.0 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.


African Media Entertainment  (JSE:AME) 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.

African Media Entertainment's Interest Expense for the six months ended in Sep. 2023 was R0.0 Mil. Its Operating Income for the six months ended in Sep. 2023 was R19.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was R0.0 Mil.

African Media Entertainment's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

African Media Entertainment had no long-term debt (1).

* 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.

Good Sign:

African Media Entertainment Ltd has no debt.


African Media Entertainment (JSE:AME) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, 8th Street, Block A, Oxford Office Park, Houghton Estate, Johannesburg, GT, ZAF, 2198
African Media Entertainment Ltd is involved in providing broadcasting services in South Africa. The company's operating segment includes Radio broadcasters; Media Services and Corporate. It generates maximum revenue from the Radio broadcasters segment.

African Media Entertainment (JSE:AME) Headlines

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