Lojas Quero-Quero (BSP:LJQQ3) Interest Expense : R$-102 Mil (TTM As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Lojas Quero-Quero Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lojas Quero-Quero's interest expense for the three months ended in Mar. 2024 was R$ -27 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was R$-102 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. Lojas Quero-Quero's Operating Income for the three months ended in Mar. 2024 was R$ 98 Mil. Lojas Quero-Quero's Interest Expense for the three months ended in Mar. 2024 was R$ -27 Mil. Lojas Quero-Quero's Interest Coverage for the quarter that ended in Mar. 2024 was 3.60. 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.

Lojas Quero-Quero Interest Expense Historical Data

The historical data trend for Lojas Quero-Quero'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.

Lojas Quero-Quero Interest Expense Chart

Lojas Quero-Quero Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-82.48

-74.15

-55.78

-95.26

-104.86

Lojas Quero-Quero Quarterly Data
	Mar19	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															-28.75	-25.35	-26.68	-22.96	-27.24

Lojas Quero-Quero 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$-102 Mil.

Lojas Quero-Quero (BSP:LJQQ3) 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.

Lojas Quero-Quero's Interest Expense for the three months ended in Mar. 2024 was R$-27 Mil. Its Operating Income for the three months ended in Mar. 2024 was R$98 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was R$862 Mil.

Lojas Quero-Quero'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	*	98.02	/	-27.241
	=	3.60

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

Lojas Quero-Quero (BSP:LJQQ3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lojas Quero-Quero SA (BSP:LJQQ3) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida General Flores da Cunha, 1943, Vila Cachoeirinha, Cachoeirinha, RS, BRA, 94910-003

Website

https://www.queroquero.com.br

Lojas Quero-Quero SA is engaged providing integrated solutions to customers, with a comprehensive portfolio of construction materials, home appliances and furniture, in order to meet their needs in the household goods and construction segment. It currently has stores distributed in the states of Rio Grande do Sul, Santa Cataria, Parana, Mato Grosso do Sul and Sao Paulo, in addition to three distribution centers. The company has one operating segment with consists of revenues obtained from retail activities, financial services and credit cards on a segregated basis.

Lojas Quero-Quero (BSP:LJQQ3) Headlines

No Headlines