Cemex Latam Holdings (BOG:CLH) Interest Expense : COP-195,357 Mil (TTM As of Mar. 2023)

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What is Cemex Latam Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cemex Latam Holdings's interest expense for the three months ended in Mar. 2023 was COP -58,102 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 was COP-195,357 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. Cemex Latam Holdings's Operating Income for the three months ended in Mar. 2023 was COP 73,227 Mil. Cemex Latam Holdings's Interest Expense for the three months ended in Mar. 2023 was COP -58,102 Mil. Cemex Latam Holdings's Interest Coverage for the quarter that ended in Mar. 2023 was 1.26. 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.

Cemex Latam Holdings Interest Expense Historical Data

The historical data trend for Cemex Latam Holdings'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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Cemex Latam Holdings Interest Expense Chart

Cemex Latam Holdings Annual Data

Trend

Dec13

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Dec22

Interest Expense

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-203,836.57

-189,976.14

-183,536.27

-171,087.51

-204,876.56

Cemex Latam Holdings Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Interest Expense	Get a 7-Day Free Trial															-43,322.52	-41,710.02	-52,096.03	-43,448.69	-58,102.41

Cemex Latam Holdings 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was COP-195,357 Mil.

Cemex Latam Holdings (BOG:CLH) 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.

Cemex Latam Holdings's Interest Expense for the three months ended in Mar. 2023 was COP-58,102 Mil. Its Operating Income for the three months ended in Mar. 2023 was COP73,227 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2023 was COP46,303 Mil.

Cemex Latam Holdings's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2023 )	/	Interest Expense (Q: Mar. 2023 )
	=	-1	*	73227.405	/	-58102.41
	=	1.26

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

Cemex Latam Holdings (BOG:CLH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cemex Latam Holdings SA (BOG:CLH) » Definitions » Interest Expense

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Address

Calle 99 Edificio 100 Piso 7, No. 9A - 54, Bogota, Cundinamarca, COL

Website

https://www.cemexlatam.com

Cemex Latam Holdings SA manufactures and sells cement, aggregates, ready-mix concrete, and mortar. The company's customers include the housing and commercial construction industries as well as the infrastructure building industry. The firm also owns a chain of hardware retail stores, which it uses to distribute its products. Cemex organizes itself into four segments based on product: Cement, Concrete, Aggregates, and Other products. The majority of revenue is derived from the cement segment. The company sells its products throughout Central America, Mexico, and South America. The majority of revenue comes from Colombia.