Argo Investments (ASX:ARG) Interest Expense : A$0.0 Mil (TTM As of Dec. 2023)

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What is Argo Investments Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Argo Investments's interest expense for the six months ended in Dec. 2023 was A$ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.0 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. Argo Investments's Operating Income for the six months ended in Dec. 2023 was A$ Mil. Argo Investments's Interest Expense for the six months ended in Dec. 2023 was A$ Mil. 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.

Argo Investments Interest Expense Historical Data

The historical data trend for Argo Investments'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.

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Argo Investments Interest Expense Chart

Argo Investments Annual Data

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Interest Expense

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Argo Investments Semi-Annual Data
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Argo Investments 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$0.0 Mil.

Argo Investments (ASX:ARG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Argo Investments Ltd (ASX:ARG) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

91 King William Street, Level 25, Adelaide, SA, AUS, 5000

Website

https://www.argoinvestments.com.au

Argo Investments Ltd is an investment company based in Australia. Its core operations focus on portfolio management with the objective of seeking long-term returns. Its revenues are generated from the receipt of dividends, interest and other income which are a result of its investing operations. It also derives income from interest earned on cash deposits, income from writing exchange-traded options and a small amount of share trading activity. Argo's investment portfolio comprises various sectors, such as healthcare, utilities, consumer discretionary, industrials, energy, banks, materials, telecommunication services and information technology and property trusts.

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