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Armatura (BSE:ARM) Interest Expense : lei-0.53 Mil (TTM As of Mar. 2024)


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What is Armatura Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Armatura's interest expense for the three months ended in Mar. 2024 was lei -0.52 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was lei-0.53 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. Armatura's Operating Income for the three months ended in Mar. 2024 was lei -0.34 Mil. Armatura's Interest Expense for the three months ended in Mar. 2024 was lei -0.52 Mil. Armatura 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.

Armatura Interest Expense Historical Data

The historical data trend for Armatura'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.

Armatura Interest Expense Chart

Armatura 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 -0.48 -0.50 -0.25 -0.02 -0.01

Armatura 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 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 - - - -0.01 -0.52

Armatura 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-0.53 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.

Armatura  (BSE:ARM) 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.

Armatura's Interest Expense for the three months ended in Mar. 2024 was lei-0.52 Mil. Its Operating Income for the three months ended in Mar. 2024 was lei-0.34 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was lei0.73 Mil.

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

Armatura 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.

Armatura (BSE:ARM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Armatura SA (BSE:ARM) » Definitions » Interest Expense
Comparable Companies
BSE:ECT BSE:UCM GE XTER:SIE XPAR:SU ETN XKRX:373220 ITW OSTO:ATCO A EMR PH AME OTIS CMI ROK TSE:6273 BSP:WEGE3 SHSE:600406 IR TSE:6954
Traded in Other Exchanges
N/A
Address
19 Garii Street, Cluj-Napoca, ROU, 400267
Website
https://www.armatura.ro
Armatura SA is engaged in the manufacturing of taps and valves. The company develops, manufactures and sells the following products for equipment of installations of gas, water, cooling, heating and air conditioning; and Industrial products, as a supplier for OEM (Original Equipment Manufacturer) clients. It sold its product both in national and international markets.