IRSA Inversiones y Representaciones (IRSA Inversiones y Representaciones) Interest Expense : $-66.5 Mil (TTM As of Dec. 2023)

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What is IRSA Inversiones y Representaciones Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. IRSA Inversiones y Representaciones's interest expense for the three months ended in Dec. 2023 was $ -24.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-66.5 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. IRSA Inversiones y Representaciones's Operating Income for the three months ended in Dec. 2023 was $ 72.5 Mil. IRSA Inversiones y Representaciones's Interest Expense for the three months ended in Dec. 2023 was $ -24.4 Mil. IRSA Inversiones y Representaciones's Interest Coverage for the quarter that ended in Dec. 2023 was 2.98. 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.

IRSA Inversiones y Representaciones Interest Expense Historical Data

The historical data trend for IRSA Inversiones y Representaciones'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.

IRSA Inversiones y Representaciones Interest Expense Chart

IRSA Inversiones y Representaciones Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-160.86

-208.11

-242.79

-148.53

-50.55

IRSA Inversiones y Representaciones Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-55.84	-18.81	-12.75	-10.57	-24.36

IRSA Inversiones y Representaciones 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 quarterly data reported by the company within the most recent 12 months, which was $-66.5 Mil.

IRSA Inversiones y Representaciones (NYSE:IRS) 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.

IRSA Inversiones y Representaciones's Interest Expense for the three months ended in Dec. 2023 was $-24.4 Mil. Its Operating Income for the three months ended in Dec. 2023 was $72.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $584.8 Mil.

IRSA Inversiones y Representaciones'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	*	72.465	/	-24.355
	=	2.98

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. IRSA Inversiones y Representaciones SA interest coverage is 3.16, which is low.

IRSA Inversiones y Representaciones (IRSA Inversiones y Representaciones) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » IRSA Inversiones y Representaciones SA (NYSE:IRS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

IRY:Germany IRY:Germany IRSA:Argentina

Address

Carlos M. Della Paolera 261, 9th Floor, Buenos Aires, ARG, C1001ADA

Website

http://www.irsa.com.ar

IRSA Inversiones y Representaciones SA is engaged in a diversified business. The company's operating segment includes Shopping Malls; Offices; Sales and Developments; Hotels and others. It generates maximum revenue from the Shopping Malls segment. The Shopping Malls segment comprised lease and service revenues related to rental of commercial space and other spaces in the shopping malls of the company.