Metalurgica Gerdau (BSP:GOAU4) Interest Expense : R$-403 Mil (TTM As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Metalurgica Gerdau Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Metalurgica Gerdau's interest expense for the three months ended in Mar. 2024 was R$ -185 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was R$-403 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. Metalurgica Gerdau's Operating Income for the three months ended in Mar. 2024 was R$ 1,881 Mil. Metalurgica Gerdau's Interest Expense for the three months ended in Mar. 2024 was R$ -185 Mil. Metalurgica Gerdau's Interest Coverage for the quarter that ended in Mar. 2024 was 10.19. 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.

Metalurgica Gerdau Interest Expense Historical Data

The historical data trend for Metalurgica Gerdau'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.

Metalurgica Gerdau Interest Expense Chart

Metalurgica Gerdau Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-951.86

-1,022.46

-1,059.84

-964.61

-840.07

Metalurgica Gerdau Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-161.86	-203.92	-218.09	-	-184.72

Metalurgica Gerdau 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 R$-403 Mil.

Metalurgica Gerdau (BSP:GOAU4) 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.

Metalurgica Gerdau's Interest Expense for the three months ended in Mar. 2024 was R$-185 Mil. Its Operating Income for the three months ended in Mar. 2024 was R$1,881 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was R$10,268 Mil.

Metalurgica Gerdau'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	*	1881.461	/	-184.716
	=	10.19

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

Metalurgica Gerdau (BSP:GOAU4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Metalurgica Gerdau SA (BSP:GOAU4) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

GOAU3:Brazil

Address

Avenida Farrapos, 1811, Porto Alegre, RS, BRA, 90220005

Website

https://www2.gerdau.com.br

Metalurgica Gerdau SA produces steel and steel products used in construction, industrial, agricultural and automotive sectors. Its products include steel columns, nails, transfer bars for the construction sector; billet, electrodes, mechanical construction wire rods for the industrial sector; staples, steel posts, tribars, galvanized wires for agricultural sector; mechanical construction ingots, mechanical construction wires, and various other products for the automotive sector. Its revenue is generated by sales of long steel to nonresidential construction and infrastructure sector in North America.

Metalurgica Gerdau (BSP:GOAU4) Headlines

No Headlines