Promotora de Informaciones (FRA:PZ41) Interest Expense : €-64.9 Mil (TTM As of Mar. 2024)

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What is Promotora de Informaciones Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Promotora de Informaciones's interest expense for the three months ended in Mar. 2024 was € -22.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-64.9 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. Promotora de Informaciones's Operating Income for the three months ended in Mar. 2024 was € 52.1 Mil. Promotora de Informaciones's Interest Expense for the three months ended in Mar. 2024 was € -22.6 Mil. Promotora de Informaciones's Interest Coverage for the quarter that ended in Mar. 2024 was 2.31. 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.

Promotora de Informaciones Interest Expense Historical Data

The historical data trend for Promotora de Informaciones'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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Promotora de Informaciones Interest Expense Chart

Promotora de Informaciones Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-50.30

-57.71

-71.11

-49.73

-71.49

Promotora de Informaciones Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial															-21.79	-22.10	-23.30	-19.00	-22.60

Promotora de Informaciones 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 €-64.9 Mil.

Promotora de Informaciones (FRA:PZ41) 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.

Promotora de Informaciones's Interest Expense for the three months ended in Mar. 2024 was €-22.6 Mil. Its Operating Income for the three months ended in Mar. 2024 was €52.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €887.5 Mil.

Promotora de Informaciones'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	*	52.1	/	-22.6
	=	2.31

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Promotora de Informaciones SAs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Promotora de Informaciones (FRA:PZ41) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Promotora de Informaciones SA (FRA:PZ41) » Definitions » Interest Expense

Traded in Other Exchanges

0R7W:UK PRS:Spain

Address

Gran Via, 32, Madrid, ESP, 28013

Website

http://www.prisa.com

Promotora de Informaciones SA operates under the commercial name 'Prisa' which is a multimedia group in Spain and Portugal. The business is operated through various segment which includes Education, Radio, Press, and others. Its Education segment includes primarily the sale of educational books and the services and materials related to the education systems. Geographically, it operates in Spain, Portugal, Chile, Brazil, Mexico, and other countries out of which Spain accounts for most of the revenue for the company.

Promotora de Informaciones (FRA:PZ41) Headlines

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