Grupo De Moda Soma (BSP:SOMA3) Interest Expense : R$-260 Mil (TTM As of Mar. 2024)

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What is Grupo De Moda Soma Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Grupo De Moda Soma's interest expense for the three months ended in Mar. 2024 was R$ -49 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was R$-260 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. Grupo De Moda Soma's Operating Income for the three months ended in Mar. 2024 was R$ 53 Mil. Grupo De Moda Soma's Interest Expense for the three months ended in Mar. 2024 was R$ -49 Mil. Grupo De Moda Soma's Interest Coverage for the quarter that ended in Mar. 2024 was 1.06. 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.

Grupo De Moda Soma Interest Expense Historical Data

The historical data trend for Grupo De Moda Soma'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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Grupo De Moda Soma Interest Expense Chart

Grupo De Moda Soma Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-51.96

-36.27

-54.89

-159.52

-189.10

Grupo De Moda Soma 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															-45.24	-85.98	-77.34	-46.90	-49.46

Grupo De Moda Soma 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$-260 Mil.

Grupo De Moda Soma (BSP:SOMA3) 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.

Grupo De Moda Soma's Interest Expense for the three months ended in Mar. 2024 was R$-49 Mil. Its Operating Income for the three months ended in Mar. 2024 was R$53 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was R$1,428 Mil.

Grupo De Moda Soma'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	*	52.534	/	-49.462
	=	1.06

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

Grupo De Moda Soma (BSP:SOMA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Grupo De Moda Soma SA (BSP:SOMA3) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Pasteur 154, Botafogo, Rio de Janeiro, RJ, BRA, 20940-000

Website

https://www.somagrupo.com.br

Grupo De Moda Soma SA is a e-commerce company in the Brazilian fashion retail sector. The company's portfolio covers a wide variety of styles and occasions for women, men and children. It also sells fashion accessories including jewelry, bags, shoes, among others. Its brands include ANIMALE, FARM, FABULA, A. BRAND, FOXTON, CRIS BARROS, and OFF PREMIUM.

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