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Fiplasto (BUE:FIPL) Interest Expense : ARS-2,454 Mil (TTM As of Dec. 2023)


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What is Fiplasto Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fiplasto's interest expense for the three months ended in Dec. 2023 was ARS -865 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ARS-2,454 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. Fiplasto's Operating Income for the three months ended in Dec. 2023 was ARS 2,898 Mil. Fiplasto's Interest Expense for the three months ended in Dec. 2023 was ARS -865 Mil. Fiplasto's Interest Coverage for the quarter that ended in Dec. 2023 was 3.35. 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.


Fiplasto Interest Expense Historical Data

The historical data trend for Fiplasto'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.

Fiplasto Interest Expense Chart

Fiplasto Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -98.78 -174.73 -201.20 -409.03 -1,528.85

Fiplasto 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 -276.30 -132.39 -1,266.45 -189.67 -865.37

Fiplasto 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 ARS-2,454 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.


Fiplasto  (BUE:FIPL) 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.

Fiplasto's Interest Expense for the three months ended in Dec. 2023 was ARS-865 Mil. Its Operating Income for the three months ended in Dec. 2023 was ARS2,898 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ARS23 Mil.

Fiplasto'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*2897.939/-865.368
=3.35

* 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.


Fiplasto (BUE:FIPL) Business Description

Traded in Other Exchanges
N/A
Address
Piso 10, Alsina 756, Buenos Aires, ARG, C1087AAL
Fiplasto SA operates in the furniture industry. The principal business activity of the company is the manufacturing and marketing of wood fiber boards. The company serves a wide variety of industries in Argentina and the world that use its hardboard products for applications as diverse as auto parts, packaging, manufacture of furniture and doors, boards, formworks for construction, exhibitors, and posters. The company has two segments, Hardboard and Furniture, where it generates the majority of its revenue from the Hardboard segment.

Fiplasto (BUE:FIPL) Headlines

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