Advantage Solutions (FRA:6CPA) Interest Expense : €-143 Mil (TTM As of Mar. 2024)

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What is Advantage Solutions Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Advantage Solutions's interest expense for the three months ended in Mar. 2024 was € -33 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-143 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. Advantage Solutions's Operating Income for the three months ended in Mar. 2024 was € -24 Mil. Advantage Solutions's Interest Expense for the three months ended in Mar. 2024 was € -33 Mil. Advantage Solutions did not have earnings to cover the interest expense. 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.

Advantage Solutions Interest Expense Historical Data

The historical data trend for Advantage Solutions'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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Advantage Solutions Interest Expense Chart

Advantage Solutions Annual Data

Trend

Dec15

Dec16

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-208.87

-192.38

-122.07

-98.61

-152.04

Advantage Solutions Quarterly Data
	Mar17	Dec18	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															-44.05	-28.11	-39.64	-42.04	-32.90

Advantage Solutions 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 €-143 Mil.

Advantage Solutions (FRA:6CPA) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Advantage Solutions's Interest Expense for the three months ended in Mar. 2024 was €-33 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-24 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €1,652 Mil.

Advantage Solutions's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Advantage Solutions did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Advantage Solutions (FRA:6CPA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Advantage Solutions Inc (FRA:6CPA) » Definitions » Interest Expense

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ADV:USA

Address

15310 Barranca Parkway, Suite 100, Irvine, CA, USA, 92618

Website

https://www.advantagesolutions.net

Advantage Solutions Inc is the provider of outsourced sales and marketing solutions to consumer goods companies and retailers. It has a technology-enabled platform of sales and marketing services like headquarter sales, retail merchandising, in-store sampling, digital commerce, and shopper marketing. For brands and retailers of all sizes, the firm helps to get the right products on the shelf and into the hands of consumers. The company helps its clients to sell more while spending less. Advantage has offices throughout North America and strategic investments in select markets throughout Africa, Asia, Australia, and Europe through which it services the global needs of multinational, regional, and local manufacturers. Its services are provided across two segments sales and marketing.

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