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Cintac (XSGO:CINTAC) Interest Expense : CLP-24,571 Mil (TTM As of Dec. 2023)


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What is Cintac Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cintac's interest expense for the three months ended in Dec. 2023 was CLP -7,808 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was CLP-24,571 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. Cintac's Operating Income for the three months ended in Dec. 2023 was CLP -2,944 Mil. Cintac's Interest Expense for the three months ended in Dec. 2023 was CLP -7,808 Mil. Cintac 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.


Cintac Interest Expense Historical Data

The historical data trend for Cintac'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.

Cintac Interest Expense Chart

Cintac 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 -4,476.66 -7,173.70 -7,510.39 -13,811.47 -25,354.83

Cintac 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 -5,718.80 -5,268.71 -5,246.32 -6,248.13 -7,807.67

Cintac 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 CLP-24,571 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.


Cintac  (XSGO:CINTAC) 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.

Cintac's Interest Expense for the three months ended in Dec. 2023 was CLP-7,808 Mil. Its Operating Income for the three months ended in Dec. 2023 was CLP-2,944 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was CLP84,782 Mil.

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

Cintac 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.

Warning Sign:

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


Cintac (XSGO:CINTAC) Business Description

Traded in Other Exchanges
N/A
Address
Melipilla Head Road, 8920 Maipu, Santiago, CHL
Cintac SA is engaged in the manufacturing and marketing of construction systems, steel products. It offers and market its lines of tubes, profiles, pipes, plates, covers, coatings, structural elements and infrastructure. It has presence in Chile, Peru and a large part of Latin America. It supplies its products to construction industry and construction sectors, infrastructure sector in Chile and abroad.

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