Caromet (BSE:ARMT) Interest Expense : lei Mil (TTM As of . 20)

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What is Caromet Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Caromet's interest expense for the six months ended in . 20 was lei 0.00 Mil. Caromet does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Caromet's Operating Income for the six months ended in . 20 was lei 0.00 Mil. Caromet's Interest Expense for the six months ended in . 20 was lei 0.00 Mil. Caromet 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.

Caromet Interest Expense Historical Data

The historical data trend for Caromet'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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Caromet Interest Expense Chart

Caromet Annual Data

Trend

Interest Expense

Caromet Semi-Annual Data

Interest Expense

Caromet Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Caromet (BSE:ARMT) 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.

Caromet's Interest Expense for the six months ended in . 20 was lei0.00 Mil. Its Operating Income for the six months ended in . 20 was lei0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was lei0.00 Mil.

Caromet's Interest Coverage for the quarter that ended in . 20 is calculated as

Caromet had no long-term debt ⁽¹⁾.

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

Caromet (BSE:ARMT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Caromet SA (BSE:ARMT) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

National Road DN 68, km 3, Caras-Severin, Caransebes, ROU

Website

https://www.caromet.ro

Caromet SA is engaged in the production of metallic items for industrial construction. It is engaged in the business of railway rolling stocks, hydro-mechanical equipment, metal structures, and welded assemblies.

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