CIA Melhoramentos deo Paulo (BSP:MSPA4) Interest Expense : R$-13.5 Mil (TTM As of Mar. 2024)

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What is CIA Melhoramentos deo Paulo Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CIA Melhoramentos deo Paulo's interest expense for the three months ended in Mar. 2024 was R$ -6.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was R$-13.5 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. CIA Melhoramentos deo Paulo's Operating Income for the three months ended in Mar. 2024 was R$ 0.1 Mil. CIA Melhoramentos deo Paulo's Interest Expense for the three months ended in Mar. 2024 was R$ -6.7 Mil. CIA Melhoramentos deo Paulo's Interest Coverage for the quarter that ended in Mar. 2024 was 0.01. 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.

CIA Melhoramentos deo Paulo Interest Expense Historical Data

The historical data trend for CIA Melhoramentos deo Paulo'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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CIA Melhoramentos deo Paulo Interest Expense Chart

CIA Melhoramentos deo Paulo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1.96

-4.67

-8.85

-12.35

-12.14

CIA Melhoramentos deo Paulo 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															-5.36	-6.30	-3.80	3.31	-6.74

CIA Melhoramentos deo Paulo 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 R$-13.5 Mil.

CIA Melhoramentos deo Paulo (BSP:MSPA4) 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.

CIA Melhoramentos deo Paulo's Interest Expense for the three months ended in Mar. 2024 was R$-6.7 Mil. Its Operating Income for the three months ended in Mar. 2024 was R$0.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was R$136.1 Mil.

CIA Melhoramentos deo Paulo'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	*	0.06	/	-6.739
	=	0.01

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

CIA Melhoramentos deo Paulo (BSP:MSPA4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » CIA Melhoramentos de Sao Paulo (BSP:MSPA4) » Definitions » Interest Expense

Comparable Companies

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MSPA3:Brazil

Address

Rua Tito 479, Sao Paulo, SP, BRA, 05051000

Website

http://www.melhoramentos.com.br

CIA Melhoramentos de Sao Paulo primarily engages in publishing business in Brazil. It offers paperback and digital books primarily for children, teenagers, and schools; cooking books; and customized books for companies. The company also engages in developing and maintaining forests; conducting reforestation activities of pines and eucalyptus; and urban, industrial, or infrastructure projects of real estate development. In addition, it is involved in the production of fibers, such as thermo ground wood, Bleached Thermo Ground Wood and Neolux Fibers, used as raw material for the production of paperboard, tissue and special papers.

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