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Grupo Concesionario Del Oeste (BUE:OEST) Interest Expense : ARS-3,852 Mil (TTM As of Mar. 2024)


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What is Grupo Concesionario Del Oeste Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Grupo Concesionario Del Oeste's interest expense for the three months ended in Mar. 2024 was ARS -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ARS-3,852 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 Concesionario Del Oeste's Operating Income for the three months ended in Mar. 2024 was ARS -3,165 Mil. Grupo Concesionario Del Oeste's Interest Expense for the three months ended in Mar. 2024 was ARS -3 Mil. Grupo Concesionario Del Oeste did not have earnings to cover the interest expense. 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 Concesionario Del Oeste Interest Expense Historical Data

The historical data trend for Grupo Concesionario Del Oeste'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.

Grupo Concesionario Del Oeste Interest Expense Chart

Grupo Concesionario Del Oeste Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -39.26 -164.53 -285.50 -200.49 -92.10

Grupo Concesionario Del Oeste 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -55.47 -1,577.17 -2,211.42 -61.10 -2.58

Grupo Concesionario Del Oeste 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 ARS-3,852 Mil.

* 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.


Grupo Concesionario Del Oeste  (BUE:OEST) Interest Expense Explanation

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. The higher, the better.

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 Concesionario Del Oeste's Interest Expense for the three months ended in Mar. 2024 was ARS-3 Mil. Its Operating Income for the three months ended in Mar. 2024 was ARS-3,165 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ARS0 Mil.

Grupo Concesionario Del Oeste's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Grupo Concesionario Del Oeste did not have earnings to cover the interest expense.

* 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.

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


Grupo Concesionario Del Oeste (BUE:OEST) Business Description

Traded in Other Exchanges
N/A
Address
Piso1, Avenue de mayo 645, Buenos Aires, ARG
Grupo Concesionario Del Oeste SA is an Argentina-based company engaged in the construction, maintenance, administration and exploitation of Acceso Oeste, a road corridor in Argentina.

Grupo Concesionario Del Oeste (BUE:OEST) Headlines

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