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Cementir Holding NV (FRA:3PC) Interest Expense : €-33 Mil (TTM As of Mar. 2024)


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What is Cementir Holding NV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cementir Holding NV'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 €-33 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. Cementir Holding NV's Operating Income for the three months ended in Mar. 2024 was € 34 Mil. Cementir Holding NV's Interest Expense for the three months ended in Mar. 2024 was € 0 Mil. Cementir Holding NV has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Cementir Holding NV Interest Expense Historical Data

The historical data trend for Cementir Holding NV'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.

Cementir Holding NV Interest Expense Chart

Cementir Holding NV 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 -12.82 -12.81 -8.68 -11.07 -13.11

Cementir Holding NV 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 - -18.60 - -14.19 -

Cementir Holding NV 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 €-33 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.

Cementir Holding NV  (FRA:3PC) 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.

Cementir Holding NV'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 €34 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €0 Mil.

Cementir Holding NV's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Cementir Holding NV had no long-term debt (1).

* 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.

Cementir Holding NV (FRA:3PC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cementir Holding NV (FRA:3PC) » Definitions » Interest Expense
Comparable Companies
MIL:CALT MIL:BZU CRH XSWX:HOLN MLM NSE:ULTRACEMCO VMC NSE:GRASIM XTER:HEI BOM:500425 SHSE:600585 XKRX:003670 ASX:JHX BOM:500387 CEMEXCPO EXP TPE:1101 NSA:DCP SZSE:000877 SUM
Traded in Other Exchanges
CEM:Italy 3PC:Germany
Address
Zuidplein 36, Amsterdam, NH, NLD, 1077 XV
Website
https://www.cementirholding.com
Cementir Holding NV is engaged in operating in the building materials sector and focused on four main business lines: grey cement, white cement, ready-mixed concrete, and aggregates. The Group's geographical areas are: The Nordic & Baltic region includes Denmark, Norway, Sweden, Iceland, Poland, and the white cement operations in Belgium and France. The Belgium region includes the activities of the Compagnie des Ciments Belges S.A. group in Belgium and France. The North America region includes the United States. The Asia Pacific region includes China, Malaysia, and Australia. The Holding and Services include the Parent Company, Spartan Hive and Aalborg Portland Digital, and other smaller companies.

Cementir Holding NV (FRA:3PC) Headlines

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