GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Corporacion Moctezuma SAB de CV (OTCPK:CMZOF) » Definitions » Interest Expense

Corporacion MoctezumaB de CV (Corporacion MoctezumaB de CV) Interest Expense : $-1 Mil (TTM As of Mar. 2024)


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

What is Corporacion MoctezumaB de CV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Corporacion MoctezumaB de CV's interest expense for the three months ended in Mar. 2024 was $ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-1 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. Corporacion MoctezumaB de CV's Operating Income for the three months ended in Mar. 2024 was $ 129 Mil. Corporacion MoctezumaB de CV's Interest Expense for the three months ended in Mar. 2024 was $ -0 Mil. Corporacion MoctezumaB de CV's Interest Coverage for the quarter that ended in Mar. 2024 was 918.31. 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.


Corporacion MoctezumaB de CV Interest Expense Historical Data

The historical data trend for Corporacion MoctezumaB de CV'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.

Corporacion MoctezumaB de CV Interest Expense Chart

Corporacion MoctezumaB de CV 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 -1.14 -0.96 -0.90 -0.92 -1.34

Corporacion MoctezumaB de CV 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 -0.11 -0.10 -0.11 -1.01 -0.14

Corporacion MoctezumaB de CV 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 $-1 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.


Corporacion MoctezumaB de CV  (OTCPK:CMZOF) 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.

Corporacion MoctezumaB de CV's Interest Expense for the three months ended in Mar. 2024 was $-0 Mil. Its Operating Income for the three months ended in Mar. 2024 was $129 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $7 Mil.

Corporacion MoctezumaB de CV'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*129.482/-0.141
=918.31

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Corporacion Moctezuma SAB de CV has enough cash to cover all of its debt. Its financial situation is stable.


Corporacion MoctezumaB de CV (Corporacion MoctezumaB de CV) Business Description

Traded in Other Exchanges
Address
Monte Elbruz 134 PH, Col. Lomas de Chapultepec, Miguel Hidalgo, Mexico, MEX, 11000
Corporacion Moctezuma SAB de CV is a Mexico-based company which is engaged in the production and sale of cement and ready-mix concrete. The product portfolio of the includes of compound Portland cements, white cement and mortar and others.

Corporacion MoctezumaB de CV (Corporacion MoctezumaB de CV) Headlines

No Headlines