Vulcabras (BSP:VULC3) Interest Expense : R$-81 Mil (TTM As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Vulcabras Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vulcabras's interest expense for the three months ended in Dec. 2023 was R$ -13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was R$-81 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. Vulcabras's Operating Income for the three months ended in Dec. 2023 was R$ 150 Mil. Vulcabras's Interest Expense for the three months ended in Dec. 2023 was R$ -13 Mil. Vulcabras's Interest Coverage for the quarter that ended in Dec. 2023 was 11.83. 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.

Vulcabras Interest Expense Historical Data

The historical data trend for Vulcabras'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.

Vulcabras Interest Expense Chart

Vulcabras Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-3.22

-14.59

-30.44

-43.72

-52.98

Vulcabras Quarterly Data
	Jun19	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															-14.27	-23.68	-24.66	-12.65	-20.22

Vulcabras 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-81 Mil.

Vulcabras (BSP:VULC3) 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.

Vulcabras's Interest Expense for the three months ended in Dec. 2023 was R$-13 Mil. Its Operating Income for the three months ended in Dec. 2023 was R$150 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was R$210 Mil.

Vulcabras's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	149.644	/	-12.65
	=	11.83

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

Vulcabras (BSP:VULC3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vulcabras SA (BSP:VULC3) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenue Antonio Frederico Ozanan, 1440, Grama, Jundiai, SP, BRA, 13219-001

Website

https://www.vulcabrasri.com

Vulcabras SA is a Brazil-based company engaged in trading and production of apparel and accessories products, particularly sportswear, male, female and professional footwear. It manages brands like Azaleia, Dijean, Olk, Olympikus, among others. It distributes its products in Brazil as well as foreign markets. The company generates a vast majority of its revenue from the sales of Athletic footwear in Brazil.

Vulcabras (BSP:VULC3) Headlines

No Headlines