GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Promigas SA (BOG:PROMIGAS) » Definitions » Interest Expense

Promigas (BOG:PROMIGAS) Interest Expense : COP-848,175 Mil (TTM As of Sep. 2024)


View and export this data going back to 1983. Start your Free Trial

What is Promigas Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Promigas's interest expense for the three months ended in Sep. 2024 was COP -196,159 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was COP-848,175 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. Promigas's Operating Income for the three months ended in Sep. 2024 was COP 407,296 Mil. Promigas's Interest Expense for the three months ended in Sep. 2024 was COP -196,159 Mil. Promigas's Interest Coverage for the quarter that ended in Sep. 2024 was 2.08. 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.

Promigas Interest Expense Historical Data

The historical data trend for Promigas'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.

Promigas Interest Expense Chart

Promigas 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 -367,040.02 -376,678.35 -364,665.72 -571,903.75 -945,492.71

Promigas Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -223,879.74 -242,315.17 -210,630.84 -199,069.59 -196,159.36

Promigas 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was COP-848,175 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.

Promigas  (BOG:PROMIGAS) 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.

Promigas's Interest Expense for the three months ended in Sep. 2024 was COP-196,159 Mil. Its Operating Income for the three months ended in Sep. 2024 was COP407,296 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was COP8,540,884 Mil.

Promigas's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*407295.781/-196159.361
=2.08

* 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.

Promigas Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Promigas SA (BOG:PROMIGAS) » Definitions » Interest Expense
Comparable Companies
AMM:TAJM AMM:IDMC AMM:RICS AMM:SPIC AMM:REDV AMM:REAL AMM:AMAD XMAD:NTGY ASX:APA ATO MIL:SRG HKSE:00003 NI TSE:9531 BOM:532155 HKSE:02688 TSE:9532 BOM:542066 XKLS:6033 HKSE:01193
Traded in Other Exchanges
N/A
Address
Calle 66 No. 67 - 123, Barranquilla, COL
Website
https://www.promigas.com
Promigas SA is engaged in the purchase, sale, transportation, distribution, exploitation, and exploration of natural gas, oil, and hydrocarbons in general, and the gas and oil activities in all their forms. It operates in five segments: Gas transportation, Gas distribution, Integrated solutions for the industry, Distribution and sale of gas and energy, and Non-bank financing. The transmission business consists of natural gas transmission, energy generation, and liquid natural gas. The distribution business consists of natural gas distribution, and non-banking financing, The company generates the majority of its revenue from the transport and distribution of natural gas.

Promigas Headlines

No Headlines