Alro (BSE:ALR) Interest Expense : lei-128 Mil (TTM As of Mar. 2024)

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What is Alro Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alro's interest expense for the three months ended in Mar. 2024 was lei -31 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was lei-128 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. Alro's Operating Income for the three months ended in Mar. 2024 was lei 53 Mil. Alro's Interest Expense for the three months ended in Mar. 2024 was lei -31 Mil. Alro's Interest Coverage for the quarter that ended in Mar. 2024 was 1.74. 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.

Alro Interest Expense Historical Data

The historical data trend for Alro'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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Alro Interest Expense Chart

Alro Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-77.33

-59.14

-41.83

-91.76

-129.42

Alro Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-31.95	-31.93	-31.07	-34.47	-30.76

Alro 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was lei-128 Mil.

Alro (BSE:ALR) 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.

Alro's Interest Expense for the three months ended in Mar. 2024 was lei-31 Mil. Its Operating Income for the three months ended in Mar. 2024 was lei53 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was lei1,142 Mil.

Alro's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	53.451	/	-30.757
	=	1.74

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

Alro (BSE:ALR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alro SA (BSE:ALR) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

116, Pitesti Street, Olt County, Slatina, ROU, 230048

Website

https://www.alro.ro/en

Alro SA is an aluminum producer. The company organizes its operations into four segments: Bauxite, Alumina, Primary Aluminium, and Processed Aluminium. The Bauxite segment is operating in Sierra Leone (Africa) and consists of SMHL, GAL and BML. The Alumina segment uses bauxite to produce alumina, the main raw material for electrolytic aluminium production. The Primary Aluminium segment, which mainly includes the anodes section, electrolysis section, the Casting House and Aluminium Eco Recycling Facility sections, manufactures and sells products like wire, rod, slabs and occasionally ingots. The Processed Aluminium segment, which includes Alro's Processed Aluminium section and Vimetco Extrusion, produces and sells sheets, coils, plates, and extruded products.