Telefonica Brasil (Telefonica Brasil) Interest Expense : $-89 Mil (TTM As of Dec. 2023)

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What is Telefonica Brasil Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Telefonica Brasil's interest expense for the three months ended in Dec. 2023 was $ -30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-89 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. Telefonica Brasil's Operating Income for the three months ended in Dec. 2023 was $ 493 Mil. Telefonica Brasil's Interest Expense for the three months ended in Dec. 2023 was $ -30 Mil. Telefonica Brasil's Interest Coverage for the quarter that ended in Dec. 2023 was 16.56. 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.

Telefonica Brasil Interest Expense Historical Data

The historical data trend for Telefonica Brasil'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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Telefonica Brasil Interest Expense Chart

Telefonica Brasil Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-35.27

-25.08

-34.35

-65.85

-114.33

Telefonica Brasil Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-19.11	-20.04	-29.52	-29.54	-29.79

Telefonica Brasil 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 $-89 Mil.

Telefonica Brasil (NYSE:VIV) 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.

Telefonica Brasil's Interest Expense for the three months ended in Dec. 2023 was $-30 Mil. Its Operating Income for the three months ended in Dec. 2023 was $493 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $2,911 Mil.

Telefonica Brasil'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	*	493.265	/	-29.785
	=	16.56

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

Telefonica Brasil (Telefonica Brasil) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telefonica Brasil SA (NYSE:VIV) » Definitions » Interest Expense

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Traded in Other Exchanges

TSPA:Germany VIVT3:Brazil VIV:Argentina

Address

Avenida Engenheiro Luis Carlos Berrini, 1376, 32nd Floor, Sao Paulo, SP, BRA, 04571-936

Website

https://www.telefonica.com.br

Telefonica Brasil, known as Vivo, is the largest wireless carrier in Brazil with 98 million customers, equal to about 40% market share. The firm is strongest in the postpaid business, where it has 60 million customers, about 42% share of this market. It is the incumbent fixed-line telephone operator in Sao Paulo state and, following the acquisition of GVT, the owner of an extensive fiber network across the country. The firm provides internet access to 6 million households on this network. Following its parent Telefonica's footsteps, Vivo is cross-selling fixed-line and wireless services as a converged offering. The firm also sells pay-tv services to its fixed-line customers.