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Monarch Cement Co (Monarch Cement Co) Interest Expense : $-0.00 Mil (TTM As of Sep. 2023)


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What is Monarch Cement Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Monarch Cement Co's interest expense for the three months ended in Sep. 2023 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.00 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. Monarch Cement Co's Operating Income for the three months ended in Sep. 2023 was $ 22.06 Mil. Monarch Cement Co's Interest Expense for the three months ended in Sep. 2023 was $ -0.00 Mil. Monarch Cement Co's Interest Coverage for the quarter that ended in Sep. 2023 was 22,056.00. 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.


Monarch Cement Co Interest Expense Historical Data

The historical data trend for Monarch Cement Co'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.

Monarch Cement Co Interest Expense Chart

Monarch Cement Co Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.30 -0.25 -0.23 -0.12 -0.03

Monarch Cement Co Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep22 Sep23
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 - - -0.01 - -

Monarch Cement Co 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.00 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.


Monarch Cement Co  (OTCPK:MCEM) 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.

Monarch Cement Co's Interest Expense for the three months ended in Sep. 2023 was $-0.00 Mil. Its Operating Income for the three months ended in Sep. 2023 was $22.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $0.00 Mil.

Monarch Cement Co's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*22.056/-0.001
=22,056.00

* 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.

Good Sign:

Monarch Cement Co has no debt.


Monarch Cement Co (Monarch Cement Co) Business Description

Traded in Other Exchanges
N/A
Address
449 1200 Street, P.O. Box 1000, Humboldt, KS, USA, 66748-0900
Monarch Cement Co is principally engaged in the manufacture and sale of portland cement. The company's subsidiaries together are engaged in the ready-mixed concrete, concrete products, and sundry building materials business. Ready-mixed concrete is manufactured by combining aggregates with portland cement, water and chemical admixtures in batch plants. It is then loaded into mixer trucks and mixed in transit to the construction site where it is delivered to the contractor. The company groups its operations into two lines of business: Cement Business and Ready-Mixed Concrete Business, of which key revenue is derived from the Cement business segment.

Monarch Cement Co (Monarch Cement Co) Headlines

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