Orizon Valorizacao De Residuos (BSP:ORVR3) Interest Expense : R$-170.2 Mil (TTM As of Mar. 2024)

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What is Orizon Valorizacao De Residuos Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Orizon Valorizacao De Residuos's interest expense for the three months ended in Mar. 2024 was R$ -43.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was R$-170.2 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. Orizon Valorizacao De Residuos's Operating Income for the three months ended in Mar. 2024 was R$ 65.1 Mil. Orizon Valorizacao De Residuos's Interest Expense for the three months ended in Mar. 2024 was R$ -43.3 Mil. Orizon Valorizacao De Residuos's Interest Coverage for the quarter that ended in Mar. 2024 was 1.50. 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.

Orizon Valorizacao De Residuos Interest Expense Historical Data

The historical data trend for Orizon Valorizacao De Residuos'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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Orizon Valorizacao De Residuos Interest Expense Chart

Orizon Valorizacao De Residuos Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-39.09

-53.42

-125.70

-119.48

-171.89

Orizon Valorizacao De Residuos Quarterly Data
	Dec18	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															-45.02	-40.91	-39.99	-45.98	-43.34

Orizon Valorizacao De Residuos 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$-170.2 Mil.

Orizon Valorizacao De Residuos (BSP:ORVR3) 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.

Orizon Valorizacao De Residuos's Interest Expense for the three months ended in Mar. 2024 was R$-43.3 Mil. Its Operating Income for the three months ended in Mar. 2024 was R$65.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was R$1,107.3 Mil.

Orizon Valorizacao De Residuos'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	*	65.077	/	-43.34
	=	1.50

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

Orizon Valorizacao De Residuos (BSP:ORVR3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Orizon Valorizacao De Residuos SA (BSP:ORVR3) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

Rua Joaquim Palhares, 40, Cidade Nova, Rio de Janeiro, RJ, BRA, 20260-080

Website

https://orizonvr.com.br

Orizon Valorizacao De Residuos SA is a waste treatment and recovery company. The company offers solid waste treatment services, treatment of gases, processing and industrialization of waste, monitoring groundwater, and environmental remediation services.

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