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Paz (XSGO:PAZ) Interest Expense : CLP31,723 Mil (TTM As of Mar. 2024)


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What is Paz Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Paz's interest expense for the three months ended in Mar. 2024 was CLP -2,222 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was CLP31,723 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. Paz's Operating Income for the three months ended in Mar. 2024 was CLP 4,423 Mil. Paz's Interest Expense for the three months ended in Mar. 2024 was CLP -2,222 Mil. Paz's Interest Coverage for the quarter that ended in Mar. 2024 was 1.99. 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.


Paz Interest Expense Historical Data

The historical data trend for Paz'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.

Paz Interest Expense Chart

Paz Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -382.28 5,077.59 10,368.25 14,627.58 25,260.30

Paz 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 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 -796.90 6,728.57 -1,502.01 28,718.16 -2,221.64

Paz 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 CLP31,723 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.


Paz  (XSGO:PAZ) 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.

Paz's Interest Expense for the three months ended in Mar. 2024 was CLP-2,222 Mil. Its Operating Income for the three months ended in Mar. 2024 was CLP4,423 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was CLP133,464 Mil.

Paz'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*4423.046/-2221.643
=1.99

* 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.


Paz (XSGO:PAZ) Business Description

Traded in Other Exchanges
N/A
Address
Avenue Apoquindo 4501, 20th floor, Las Condes, Santiago, CHL
Paz Corp SA develops real estate projects. It controls, supervises and executes the architecture, construction, marketing, commercialization, and customer financing of projects. The company offers lofts, apartments, and home studios, as well as real estate and financial advisory, and post-sale services. Some of its projects are Sun City, future & urban air. It has presence in Chile and Peru.

Paz (XSGO:PAZ) Headlines

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