CIA de Gas deo Paulo - COMGAS (BSP:CGAS5) Interest Expense : R$-1,023 Mil (TTM As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is CIA de Gas deo Paulo - COMGAS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CIA de Gas deo Paulo - COMGAS's interest expense for the three months ended in Dec. 2023 was R$ -162 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was R$-1,023 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 de Gas deo Paulo - COMGAS's Operating Income for the three months ended in Dec. 2023 was R$ 1,132 Mil. CIA de Gas deo Paulo - COMGAS's Interest Expense for the three months ended in Dec. 2023 was R$ -162 Mil. CIA de Gas deo Paulo - COMGAS's Interest Coverage for the quarter that ended in Dec. 2023 was 6.97. 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 de Gas deo Paulo - COMGAS Interest Expense Historical Data

The historical data trend for CIA de Gas deo Paulo - COMGAS'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.

CIA de Gas deo Paulo - COMGAS Interest Expense Chart

CIA de Gas deo Paulo - COMGAS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-315.74

-320.19

-890.36

-923.14

-641.97

CIA de Gas deo Paulo - COMGAS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-222.70	-641.18	-100.34	-118.70	-162.45

CIA de Gas deo Paulo - COMGAS 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 R$-1,023 Mil.

CIA de Gas deo Paulo - COMGAS (BSP:CGAS5) 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 de Gas deo Paulo - COMGAS's Interest Expense for the three months ended in Dec. 2023 was R$-162 Mil. Its Operating Income for the three months ended in Dec. 2023 was R$1,132 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was R$5,845 Mil.

CIA de Gas deo Paulo - COMGAS'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	*	1131.599	/	-162.447
	=	6.97

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

CIA de Gas deo Paulo - COMGAS (BSP:CGAS5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CIA de Gas de Sao Paulo - COMGAS (BSP:CGAS5) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

CGAS3:Brazil

Address

Brigadeiro Faria Lima Avenue, 4,100 / 4th floor, Itaim Bibi, SP, BRA, 04538-132

Website

http://www.comgas.com.br

CIA de Gas de Sao Paulo - COMGAS distributes piped natural gas in part of the State of Sao Paulo for consumers in the industrial, residential, commercial, automotive, thermal generation and cogeneration sectors.

CIA de Gas deo Paulo - COMGAS (BSP:CGAS5) Headlines

No Headlines