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Metisa Metalurgica Timboense (BSP:MTSA4) Interest Expense : R$-9.9 Mil (TTM As of Dec. 2023)


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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 Dec. 2023 was R$ -0.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was R$-9.9 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 Dec. 2023 was R$ -2.9 Mil. Metisa Metalurgica Timboense's Interest Expense for the three months ended in Dec. 2023 was R$ -0.5 Mil. Metisa Metalurgica Timboense did not have earnings to cover the interest expense. 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.

* Premium members only.

Metisa Metalurgica Timboense Interest Expense Chart

Metisa Metalurgica Timboense 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 -1.02 -1.74 -1.26 -2.17 -2.49

Metisa Metalurgica Timboense 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 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 -0.64 -0.59 -4.67 -4.14 -0.50

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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-9.9 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.


Metisa Metalurgica Timboense  (BSP:MTSA4) 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.

Metisa Metalurgica Timboense's Interest Expense for the three months ended in Dec. 2023 was R$-0.5 Mil. Its Operating Income for the three months ended in Dec. 2023 was R$-2.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was R$0.0 Mil.

Metisa Metalurgica Timboense's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Metisa Metalurgica Timboense did not have earnings to cover the interest expense.

* 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.


Metisa Metalurgica Timboense (BSP:MTSA4) Business Description

Traded in Other Exchanges
N/A
Address
Rua Fritz Lorenz, 2442, Distrito Industrial - PO Box: 11, Timbo, SC, BRA, 89120000
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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