Taurus Armas (BSP:TASA4) Interest Expense

: R$-118 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Taurus Armas's interest expense for the three months ended in Dec. 2023 was R$ -16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was R$-118 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. Taurus Armas's Operating Income for the three months ended in Dec. 2023 was R$ 11 Mil. Taurus Armas's Interest Expense for the three months ended in Dec. 2023 was R$ -16 Mil. Taurus Armas's Interest Coverage for the quarter that ended in Dec. 2023 was 0.67. 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.

Taurus Armas Interest Expense Historical Data

The historical data trend for Taurus Armas'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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Taurus Armas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-45.42

-43.44

-38.52

-42.62

-48.61

Taurus Armas 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															-10.37	-11.78	-42.95	-47.55	-15.80

Taurus Armas 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$-118 Mil.

Taurus Armas (BSP:TASA4) 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.

Taurus Armas's Interest Expense for the three months ended in Dec. 2023 was R$-16 Mil. Its Operating Income for the three months ended in Dec. 2023 was R$11 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was R$116 Mil.

Taurus Armas'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	*	10.582	/	-15.804
	=	0.67

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

Taurus Armas (BSP:TASA4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Taurus Armas SA (BSP:TASA4) » Definitions » Interest Expense

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TASA3:Brazil

Address

Avenida Sao Borja, Floor 2181, Building A - Fazenda Sao Borja, Sao Leopoldo, RS, BRA, 93035-411

Website

https://www.taurusarmas.com.br

Taurus Armas SA is a company engaged in the manufacturing of small firearms. The company operates in three segments: Firearms; Helmets; and Others, with industrial plants in the Rio Grande do Su, Brazil, and Miami, Florida, United States. The Firearms segment, which is the key revenue driver, includes handguns, long guns, and sub-machine guns.

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