Vassilico Cement Works PCL (CYS:VCW) Interest Expense : €-0.4 Mil (TTM As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Vassilico Cement Works PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vassilico Cement Works PCL's interest expense for the six months ended in Dec. 2023 was € -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.4 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. Vassilico Cement Works PCL's Operating Income for the six months ended in Dec. 2023 was € 16.4 Mil. Vassilico Cement Works PCL's Interest Expense for the six months ended in Dec. 2023 was € -0.2 Mil. Vassilico Cement Works PCL's Interest Coverage for the quarter that ended in Dec. 2023 was 75.00. 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.

Vassilico Cement Works PCL Interest Expense Historical Data

The historical data trend for Vassilico Cement Works PCL'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.

Vassilico Cement Works PCL Interest Expense Chart

Vassilico Cement Works PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-0.24

-0.07

-0.29

-0.53

-0.44

Vassilico Cement Works PCL Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.14	-0.17	-0.36	-0.22	-0.22

Vassilico Cement Works PCL 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 semi-annually data reported by the company within the most recent 12 months, which was €-0.4 Mil.

Vassilico Cement Works PCL (CYS:VCW) 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.

Vassilico Cement Works PCL's Interest Expense for the six months ended in Dec. 2023 was €-0.2 Mil. Its Operating Income for the six months ended in Dec. 2023 was €16.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €10.4 Mil.

Vassilico Cement Works PCL'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	*	16.35	/	-0.218
	=	75.00

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

Vassilico Cement Works PCL (CYS:VCW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Vassilico Cement Works PCL (CYS:VCW) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1A Kyriakos Matsis Avenue, 4th Floor, P.O. Box 22281, Nicosia, CYP, 1082

Website

https://www.vassiliko.com

Vassilico Cement Works PCL is the company whose principal business activities are the production of clinker and cement, which are distributed in the local and international markets. It manages queries for the extraction of raw materials which are used exclusively for the production of cement. The company generates the majority of its revenue from cement products and from the domestic market.

Vassilico Cement Works PCL (CYS:VCW) Headlines

No Headlines