MTZ has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
MTZ has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MasTec's interest expense for the three months ended in Sep. 2022 was $ -27 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2022 was $-76 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. MasTec's Operating Income for the three months ended in Sep. 2022 was $ 81 Mil. MasTec's Interest Expense for the three months ended in Sep. 2022 was $ -27 Mil. MasTec's Interest Coverage for the quarter that ended in Sep. 2022 was 3.02. 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.
The historical data trend for MasTec'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.
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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-76 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.
MasTec (NYSE:MTZ) 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.
MasTec's Interest Expense for the three months ended in Sep. 2022 was $-27 Mil. Its Operating Income for the three months ended in Sep. 2022 was $81 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2022 was $2,236 Mil.
MasTec's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as
Interest Coverage | = | -1 | * | Operating Income (Q: Sep. 2022 ) | / | Interest Expense (Q: Sep. 2022 ) |
= | -1 | * | 81.311 | / | -26.885 | |
= | 3.02 |
* 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.
Parker Ava L | director | 1469 HARRINGTON PARK DRIVE JACKSONVILLE FL 32225 |
Palomarez Javier Alberto | director | 3405 PINNEY POINT DRIVE FLOWER MOUND TX 75022 |
Pita George | officer: CFO | 3000 NW 107TH AVENUE MIAMI FL 33172 |
Restrepo Daniel A | director | C/O MASTEC, INC. 800 S. DOUGLAS RD., 12TH FLOOR CORAL GABLES FL 33134 |
Harris Ray | officer: President | 800 DOUGLAS ROAD 12TH FLOOR - MASTEC CORAL GABLES FL 33134 |
Apple Robert E | officer: Chief Operations Officer | 800 S DOUGLAS ROAD 12TH FLOOR CORAL GABLES FL 33134 |
De Cardenas Alberto I | officer: Executive Vice President | 800 S DOUGLAS ROAD 12TH FLOOR CORAL GABLES X1 33134 |
Csiszar Ernst N | director | 2600 S RIVER ROAD DES PLAINES IL 60018 |
Floerke Gregory Scott | officer: Chief Operations Officer | C/O MARKWEST ENERGY PARTNERS, L.P. 1515 ARAPAHOE STREET, TOWER 1, SUITE 160 DENVER CO 80202 |
Dwyer Robert J | director | 880 SOUTH OCEAN BOULEVARD PALM BEACH FL 33480 |
Campbell C Robert | officer: EVP & CFO | 800 DOUGLAS ROAD 12TH FLOOR CORAL GABLES FL 33134 |
De Cespedes Carlos M | director | 3075 NW 107TH AVE MIAMI FL 33172 |
Jaumot Frank E | director | 190 SE 19TH AVENUE POMPANO BEACH FL 33060 |
Nearing Michael | officer: General Counsel and EVP | 800 DOUGLAS ROAD 12TH FL CORAL GABLES FL 33134 |
Hudson Sherrill W | director | 201 SOUTH BISCAYNE BOULEVARD 34TH FLOOR, MIAMI CENTER MIAMI FL 33131 |
From GuruFocus
By PRNewswire 12-22-2021
By PRNewswire 12-31-2021
By Sydnee Gatewood 05-24-2021
Other Sources
By Zacks 2021-11-05
By Zacks 2021-09-02
By Zacks 2021-10-28
By Zacks 2021-11-11
By Zacks 2022-02-17
By Zacks 2021-09-30
By Zacks 2022-02-16
By Zacks 2021-09-10
By Zacks 2021-11-10
By Seekingalpha 2021-11-05
By Zacks 2021-11-24
By Fool 2022-02-25
By Zacks 2021-12-21
By tipranks.com 2022-03-22
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.