Grupo Aeroportuario del PacificoB de CV (Grupo Aeroportuario del PacificoB de CV) Interest Expense : $-135 Mil (TTM As of Mar. 2024)

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What is Grupo Aeroportuario del PacificoB de CV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Grupo Aeroportuario del PacificoB de CV's interest expense for the three months ended in Mar. 2024 was $ -36 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-135 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. Grupo Aeroportuario del PacificoB de CV's Operating Income for the three months ended in Mar. 2024 was $ 240 Mil. Grupo Aeroportuario del PacificoB de CV's Interest Expense for the three months ended in Mar. 2024 was $ -36 Mil. Grupo Aeroportuario del PacificoB de CV's Interest Coverage for the quarter that ended in Mar. 2024 was 6.71. 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.

Grupo Aeroportuario del PacificoB de CV Interest Expense Historical Data

The historical data trend for Grupo Aeroportuario del PacificoB de CV'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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Grupo Aeroportuario del PacificoB de CV Interest Expense Chart

Grupo Aeroportuario del PacificoB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-61.22

-69.84

-80.29

-122.01

-140.04

Grupo Aeroportuario del PacificoB de CV 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															-37.41	-29.64	-31.24	-38.32	-35.78

Grupo Aeroportuario del PacificoB de CV 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 $-135 Mil.

Grupo Aeroportuario del PacificoB de CV (NYSE:PAC) 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.

Grupo Aeroportuario del PacificoB de CV's Interest Expense for the three months ended in Mar. 2024 was $-36 Mil. Its Operating Income for the three months ended in Mar. 2024 was $240 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0 Mil.

Grupo Aeroportuario del PacificoB de CV's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	239.973	/	-35.775
	=	6.71

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

Grupo Aeroportuario del PacificoB de CV (Grupo Aeroportuario del PacificoB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Grupo Aeroportuario del Pacifico SAB de CV (NYSE:PAC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

GPAEF:USA GAPB:Mexico G9N1:Germany G9N1:Germany G9N:Germany PAC:Argentina

Address

Avenida Mariano Otero No. 1249-B, Torre Pacifico, 6th Floor, Col. Rinconada del Bosque, Guadalajara, JAL, MEX, 44530

Website

https://www.aeropuertosgap.com.mx

Grupo Aeroportuario del Pacifico SAB de CV is engaged in the construction, development, and operation of airports in Mexico. The company's segment includes Guadalajara; Tijuana; Puerto Vallarta; San Jose del Cabo; Montego Bay; Hermosillo; Guanajuato and Other Airports. It generates maximum revenue from the Guadalajara segment.