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Ambipar Emergency Response (Ambipar Emergency Response) Interest Expense : $-16.29 Mil (TTM As of Dec. 2023)


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What is Ambipar Emergency Response Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ambipar Emergency Response's interest expense for the three months ended in Dec. 2023 was $ -7.21 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-16.29 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. Ambipar Emergency Response's Operating Income for the three months ended in Dec. 2023 was $ 27.19 Mil. Ambipar Emergency Response's Interest Expense for the three months ended in Dec. 2023 was $ -7.21 Mil. Ambipar Emergency Response's Interest Coverage for the quarter that ended in Dec. 2023 was 3.77. 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.


Ambipar Emergency Response Interest Expense Historical Data

The historical data trend for Ambipar Emergency Response'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.

Ambipar Emergency Response Interest Expense Chart

Ambipar Emergency Response Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
- -1.13 -1.78 -17.77 -33.17

Ambipar Emergency Response Quarterly Data
Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only -5.08 -8.15 - -9.07 -7.21

Ambipar Emergency Response 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 $-16.29 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.


Ambipar Emergency Response  (AMEX:AMBIWS) 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.

Ambipar Emergency Response's Interest Expense for the three months ended in Dec. 2023 was $-7.21 Mil. Its Operating Income for the three months ended in Dec. 2023 was $27.19 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $354.98 Mil.

Ambipar Emergency Response'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*27.186/-7.214
=3.77

* 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.


Ambipar Emergency Response (Ambipar Emergency Response) Business Description

Traded in Other Exchanges
Address
Avenida Angélica, N 2346, 5th Floor, Sao Paulo, SP, BRA, 01228-200
Ambipar Emergency Response is a environmental, emergency response and industrial field service provider in Brazil with presence in 16 countries in Latin America, North America, Europe, Africa and Antarctica. The company provides customers with a full suite of environmental services organized around prevention, training and emergency response on all transportation modes. The portfolio includes a broad variety of services such as environmental remediation, industrial field services, industrial cleaning of chemical and non-chemical products and of hazardous and non-hazardous waste, consulting services focused on accident prevention and environmental licensing.

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