MRS Logistica (BSP:MRSA5B) Interest Expense : R$-438 Mil (TTM As of Dec. 2023)

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What is MRS Logistica Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MRS Logistica's interest expense for the three months ended in Dec. 2023 was R$ -128 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was R$-438 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. MRS Logistica's Operating Income for the three months ended in Dec. 2023 was R$ 746 Mil. MRS Logistica's Interest Expense for the three months ended in Dec. 2023 was R$ -128 Mil. MRS Logistica's Interest Coverage for the quarter that ended in Dec. 2023 was 5.84. 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.

MRS Logistica Interest Expense Historical Data

The historical data trend for MRS Logistica'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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MRS Logistica Interest Expense Chart

MRS Logistica Annual Data

Trend

Dec14

Dec15

Dec16

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Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-192.36

-172.77

-218.17

-324.12

-438.30

MRS Logistica 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															-49.82	-101.77	-98.72	-110.23	-127.70

MRS Logistica 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$-438 Mil.

MRS Logistica (BSP:MRSA5B) 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.

MRS Logistica's Interest Expense for the three months ended in Dec. 2023 was R$-128 Mil. Its Operating Income for the three months ended in Dec. 2023 was R$746 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was R$7,355 Mil.

MRS Logistica'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	*	745.596	/	-127.695
	=	5.84

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

MRS Logistica (BSP:MRSA5B) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » MRS Logistica SA (BSP:MRSA5B) » Definitions » Interest Expense

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MRSA6B:Brazil MRSA3B:Brazil

Address

Praia de Botafogo 228, Sala 1201 E, Rio de Janeiro, RJ, BRA, 22250906

Website

http://www.mrs.com.br

MRS Logistica SA is a publicly-held corporation engaged in the transportation services. The company operates a public railway transportation concession in the Southeast network, located in the States of Rio de Janeiro, Sao Paulo, and Minas Gerais. It interconnects the states of Rio de Janeiro, Minas Gerais, and Sao Paulo, spanning through the region that concentrates approximately 50% of Brazil's gross domestic product. Through MRS' railways, it also provides transport to reach the ports of Itaguai and Santos and Latin America. The company generates its entire revenue from providing cargo transport services in the Southeast Brazil.

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