Metisa Metalurgica Timboense (BSP:MTSA4) Interest Expense : R$-9.8 Mil (TTM As of Mar. 2024)

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What is Metisa Metalurgica Timboense Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Metisa Metalurgica Timboense's interest expense for the three months ended in Mar. 2024 was R$ -0.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was R$-9.8 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. Metisa Metalurgica Timboense's Operating Income for the three months ended in Mar. 2024 was R$ 1.7 Mil. Metisa Metalurgica Timboense's Interest Expense for the three months ended in Mar. 2024 was R$ -0.5 Mil. Metisa Metalurgica Timboense's Interest Coverage for the quarter that ended in Mar. 2024 was 3.57. 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.

Metisa Metalurgica Timboense Interest Expense Historical Data

The historical data trend for Metisa Metalurgica Timboense'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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Metisa Metalurgica Timboense Interest Expense Chart

Metisa Metalurgica Timboense Annual Data

Trend

Dec14

Dec15

Dec16

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Dec22

Dec23

Interest Expense

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-1.02

-1.74

-1.26

-2.17

-2.49

Metisa Metalurgica Timboense 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															-0.59	-4.67	-4.14	-0.50	-0.48

Metisa Metalurgica Timboense 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$-9.8 Mil.

Metisa Metalurgica Timboense (BSP:MTSA4) 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.

Metisa Metalurgica Timboense's Interest Expense for the three months ended in Mar. 2024 was R$-0.5 Mil. Its Operating Income for the three months ended in Mar. 2024 was R$1.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was R$0.0 Mil.

Metisa Metalurgica Timboense'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	*	1.698	/	-0.475
	=	3.57

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

Metisa Metalurgica Timboense (BSP:MTSA4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Metisa Metalurgica Timboense SA (BSP:MTSA4) » Definitions » Interest Expense

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MTSA3:Brazil

Address

Rua Fritz Lorenz, 2442, Distrito Industrial - PO Box: 11, Timbo, SC, BRA, 89120000

Website

http://www.metisa.com.br

Metisa Metalurgica Timboense SA manufactures and markets steel parts for industrial and agricultural equipment. Its products include parts for agricultural equipment, tractors, railways, blades for the construction sector, and hand tools, among others. It offers agricultural disc blades and implements for a range of equipment, including sugar-alcohol sector; stone saw blades; blades and edges, teeth, adapters and tips, track shoes, and grouser bars for tractors, bulldozers, scrapers, excavators, earth movers, motor graders; and railroad accessories, such as tie plates, joint bars, metallic cores, and steel sleepers for the construction of permanent ways. The company also provides hand tools comprising shovels, spades, picks, post hole diggers, and hoes.

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