Alcomet AD (XBUL:ALCM) Interest Expense : лв-2.6 Mil (TTM As of Dec. 2022)

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What is Alcomet AD Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alcomet AD's interest expense for the six months ended in Dec. 2022 was лв -2.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 was лв-2.6 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. Alcomet AD's Operating Income for the six months ended in Dec. 2022 was лв 66.0 Mil. Alcomet AD's Interest Expense for the six months ended in Dec. 2022 was лв -2.6 Mil. Alcomet AD's Interest Coverage for the quarter that ended in Dec. 2022 was 25.35. 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.

Alcomet AD Interest Expense Historical Data

The historical data trend for Alcomet AD'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.

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Alcomet AD Interest Expense Chart

Alcomet AD Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-1.41

-1.14

-1.22

-1.96

-2.60

Alcomet AD Semi-Annual Data
	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Interest Expense	Get a 7-Day Free Trial											-1.41	-1.14	-1.22	-1.96	-2.60

Alcomet AD Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2022 was лв-2.6 Mil.

Alcomet AD (XBUL:ALCM) 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.

Alcomet AD's Interest Expense for the six months ended in Dec. 2022 was лв-2.6 Mil. Its Operating Income for the six months ended in Dec. 2022 was лв66.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was лв40.9 Mil.

Alcomet AD's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2022 )	/	Interest Expense (Q: Dec. 2022 )
	=	-1	*	65.974	/	-2.603
	=	25.35

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

Alcomet AD (XBUL:ALCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alcomet AD (XBUL:ALCM) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Second Industrial Zone, Shumen, BGR, 9700

Website

https://www.alcomet.eu

Alcomet AD is a Bulgaria-based company, which is primarily engaged in the production of aluminium extruded and rolled products. Its operation includes production and sale of castings, rolled and extruded aluminum products, used in machine building, construction, food industry, among others. The company offers its product under various categories namely foundry, rolled, press and packaging products. Its product range includes cast billets and coils, aluminum sheets, strips and foils, extruded profiles, bars and tubes, as well as powder coating sheets, and tubes. Alcomet products sold in both Bulgarian and overseas market.

Alcomet AD (XBUL:ALCM) Headlines

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