Comcm Constanta (BSE:CMCM) Interest Expense : lei-0.00 Mil (TTM As of Mar. 2023)

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What is Comcm Constanta Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Comcm Constanta's interest expense for the three months ended in Mar. 2023 was lei 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 was lei-0.00 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. Comcm Constanta's Operating Income for the three months ended in Mar. 2023 was lei 9.77 Mil. Comcm Constanta's Interest Expense for the three months ended in Mar. 2023 was lei 0.00 Mil. Comcm Constanta 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.

Comcm Constanta Interest Expense Historical Data

The historical data trend for Comcm Constanta'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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Comcm Constanta Interest Expense Chart

Comcm Constanta Annual Data

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Interest Expense

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Comcm Constanta Quarterly Data
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Comcm Constanta 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was lei-0.00 Mil.

Comcm Constanta (BSE:CMCM) 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.

Comcm Constanta's Interest Expense for the three months ended in Mar. 2023 was lei0.00 Mil. Its Operating Income for the three months ended in Mar. 2023 was lei9.77 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2023 was lei0.00 Mil.

Comcm Constanta's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Comcm Constanta had no long-term debt ⁽¹⁾.

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

Good Sign:

Comcm SA Constanta has no debt.

Comcm Constanta (BSE:CMCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Comcm SA Constanta (BSE:CMCM) » Definitions » Interest Expense

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Address

Bulevardul Aurel Vlaicu 144, Constanta, ROU, 900498

Website

http://www.comcm.ro

Comcm SA Constanta is engaged in the manufacture of concrete, and as auxiliary activities: industrial production for constructions, civil constructions of quarry products, rebars, and prefabricated products. As civil engineering and industrial construction activities. Its main activity is the rental of machinery, but also the extraction and sorting of sand.