GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Alpha Financial Markets Consulting PLC (LSE:AFM) » Definitions » Interest Expense

Alpha Financial Markets Consulting (LSE:AFM) Interest Expense : £-1.1 Mil (TTM As of Sep. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Alpha Financial Markets Consulting Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alpha Financial Markets Consulting's interest expense for the six months ended in Sep. 2023 was £ -0.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was £-1.1 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. Alpha Financial Markets Consulting's Operating Income for the six months ended in Sep. 2023 was £ 12.0 Mil. Alpha Financial Markets Consulting's Interest Expense for the six months ended in Sep. 2023 was £ -0.5 Mil. Alpha Financial Markets Consulting's Interest Coverage for the quarter that ended in Sep. 2023 was 21.93. 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.


Alpha Financial Markets Consulting Interest Expense Historical Data

The historical data trend for Alpha Financial Markets Consulting'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.

Alpha Financial Markets Consulting Interest Expense Chart

Alpha Financial Markets Consulting Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -0.05 -0.18 -0.40 -0.41 -0.81

Alpha Financial Markets Consulting Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -0.21 -0.20 -0.25 -0.57 -0.55

Alpha Financial Markets Consulting 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 £-1.1 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.


Alpha Financial Markets Consulting  (LSE:AFM) 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.

Alpha Financial Markets Consulting's Interest Expense for the six months ended in Sep. 2023 was £-0.5 Mil. Its Operating Income for the six months ended in Sep. 2023 was £12.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was £1.6 Mil.

Alpha Financial Markets Consulting's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*12.016/-0.548
=21.93

* 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.


Alpha Financial Markets Consulting (LSE:AFM) Business Description

Traded in Other Exchanges
N/A
Address
60 Gresham Street, London, GBR, EC2V 7BB
Alpha Financial Markets Consulting PLC provides consulting and related services to clients in the asset management, insurance industries, and wealth management industries. The Company has a presence in the UK, North America, Europe, and Asia Pacific, wherein geographically, it derives the maximum of the revenue from North America.

Alpha Financial Markets Consulting (LSE:AFM) Headlines

No Headlines