BecleB de CV (FRA:6BE) Interest Expense : €-85 Mil (TTM As of Mar. 2024)

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What is BecleB de CV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. BecleB de CV's interest expense for the three months ended in Mar. 2024 was € -18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-85 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. BecleB de CV's Operating Income for the three months ended in Mar. 2024 was € 83 Mil. BecleB de CV's Interest Expense for the three months ended in Mar. 2024 was € -18 Mil. BecleB de CV's Interest Coverage for the quarter that ended in Mar. 2024 was 4.56. 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.

BecleB de CV Interest Expense Historical Data

The historical data trend for BecleB 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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BecleB de CV Interest Expense Chart

BecleB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-25.22

-22.51

-30.14

-41.13

-59.23

BecleB 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															-13.07	-	-32.49	-33.75	-18.30

BecleB 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 €-85 Mil.

BecleB de CV (FRA:6BE) 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.

BecleB de CV's Interest Expense for the three months ended in Mar. 2024 was €-18 Mil. Its Operating Income for the three months ended in Mar. 2024 was €83 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €1,421 Mil.

BecleB 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	*	83.471	/	-18.296
	=	4.56

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

BecleB de CV (FRA:6BE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Becle SAB de CV (FRA:6BE) » Definitions » Interest Expense

Traded in Other Exchanges

BCCLF:USA CUERVO:Mexico

Address

Guillermo Gonzalez Camarena No. 800-4, Col. Zedec Santa Fe, Santa Fe, MEX, 01210

Website

https://www.ircuervo.com

Becle SAB de CV is a Mexico-based company operating in the liquor industry. It operates as a spirit company engaged in producing, selling and distributing spirits and liquors. The product portfolio of the company comprises whiskey, rum, and tequila, among others. The company sells its products across Mexico and around the world. Its portfolio comprises different brands such as 1800, Bushmills, Boodles, Hangar, Maestro Tequilero, Kraken, and others.

BecleB de CV (FRA:6BE) Headlines

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