Cosan (CZZ) Interest Expense : $-597 Mil (TTM As of Sep. 2020)

View and export this data going back to 2007. Start your Free Trial

What is Cosan Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cosan's interest expense for the three months ended in Sep. 2020 was $ -147 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2020 was $-597 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. Cosan's Operating Income for the three months ended in Sep. 2020 was $ 237 Mil. Cosan's Interest Expense for the three months ended in Sep. 2020 was $ -147 Mil. Cosan's Interest Coverage for the quarter that ended in Sep. 2020 was 1.61. 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.

Cosan Interest Expense Historical Data

The historical data trend for Cosan'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.

Cosan Interest Expense Chart

Cosan Annual Data

Trend

Mar10

Mar11

Mar12

Mar13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Interest Expense

Get a 7-Day Free Trial

-679.58

-1,095.22

-1,119.07

-730.48

-899.15

Cosan Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Interest Expense	Get a 7-Day Free Trial															-203.87	-225.59	-78.67	-145.64	-146.92

Cosan 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 Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-597 Mil.

Cosan (NYSE:CZZ) 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.

Cosan's Interest Expense for the three months ended in Sep. 2020 was $-147 Mil. Its Operating Income for the three months ended in Sep. 2020 was $237 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2020 was $7,829 Mil.

Cosan's Interest Coverage for the quarter that ended in Sep. 2020 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2020 )	/	Interest Expense (Q: Sep. 2020 )
	=	-1	*	236.931	/	-146.924
	=	1.61

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

Warning Sign:

Ben Graham prefers companies interest coverage is at least 5. Cosan Ltd interest coverage is 1.3, which is low.

Cosan (CZZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cosan Ltd (NYSE:CZZ) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

4100, Avenue Brigadeiro Faria Lima, 15th Floor, Sao Paulo, SP, BRA, 04538-132

Website

http://ri.cosanlimited.com

Cosan Ltd is engaged in the production of sugar, ethanol, fuel, and gas. The company reportable segments include Raizen Energia, Raizen Combustiveis, Comgas, Logistic, and Moove as well as Cosan Corporate. It generates maximum revenue from the Raizen Combustiveis segment. Geographically, the company generates maximum revenue from Brazil and also has a presence in Europe, Latin America, North America, and Asia and Other Countries.