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Aerodrom Nikola Tesla ad (XBEL:AERO) Interest Expense : RSD-3 Mil (TTM As of Mar. 2024)


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What is Aerodrom Nikola Tesla ad Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aerodrom Nikola Tesla ad's interest expense for the three months ended in Mar. 2024 was RSD -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was RSD-3 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. Aerodrom Nikola Tesla ad's Operating Income for the three months ended in Mar. 2024 was RSD 30 Mil. Aerodrom Nikola Tesla ad's Interest Expense for the three months ended in Mar. 2024 was RSD -0 Mil. Aerodrom Nikola Tesla ad's Interest Coverage for the quarter that ended in Mar. 2024 was 431.43. 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.


Aerodrom Nikola Tesla ad Interest Expense Historical Data

The historical data trend for Aerodrom Nikola Tesla ad'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.

Aerodrom Nikola Tesla ad Interest Expense Chart

Aerodrom Nikola Tesla ad Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.72 -0.04 -0.02 -0.02 -2.85

Aerodrom Nikola Tesla ad 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 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 - - - -2.85 -0.07

Aerodrom Nikola Tesla ad 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 RSD-3 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.


Aerodrom Nikola Tesla ad  (XBEL:AERO) 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.

Aerodrom Nikola Tesla ad's Interest Expense for the three months ended in Mar. 2024 was RSD-0 Mil. Its Operating Income for the three months ended in Mar. 2024 was RSD30 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was RSD0 Mil.

Aerodrom Nikola Tesla ad'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*29.769/-0.069
=431.43

* 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:

Ben Graham prefers companies' interest coverage to be at least 5. Aerodrom Nikola Tesla ad has enough cash to cover all of its debt. Its financial situation is stable.


Aerodrom Nikola Tesla ad (XBEL:AERO) Business Description

Traded in Other Exchanges
N/A
Address
Belgrade Airport 47, surcin, Belgrade, SRB, 11271
Aerodrom Nikola Tesla ad provides airport services such as aircraft landing, take-off, taxing and parking, and passenger and cargo handling. The group also provides ancillary services and airport complex services, satisfying the needs of service users, and domestic and foreign air carriers.