Vrancart (BSE:VNC) Interest Expense : lei-8.5 Mil (TTM As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Vrancart Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vrancart's interest expense for the three months ended in Mar. 2024 was lei -2.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was lei-8.5 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. Vrancart's Operating Income for the three months ended in Mar. 2024 was lei -1.5 Mil. Vrancart's Interest Expense for the three months ended in Mar. 2024 was lei -2.9 Mil. Vrancart 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.

Vrancart Interest Expense Historical Data

The historical data trend for Vrancart'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.

Vrancart Interest Expense Chart

Vrancart Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

Get a 7-Day Free Trial

-5.08

-6.64

-6.06

-4.66

-11.42

Vrancart Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial															-3.93	-3.13	-3.94	-1.66	-2.86

Vrancart 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-8.5 Mil.

Vrancart (BSE:VNC) 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.

Vrancart's Interest Expense for the three months ended in Mar. 2024 was lei-2.9 Mil. Its Operating Income for the three months ended in Mar. 2024 was lei-1.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was lei171.0 Mil.

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

Vrancart did not have earnings to cover the interest expense.

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

Vrancart (BSE:VNC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Vrancart SA (BSE:VNC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

17th Ecaterina Teodoroiu Street, Adjud, Vrancea, ROU, 625100

Website

https://www.vrancart.ro

Vrancart SA manufactures corrugated paper, paperboard, hygiene papers-sanitary and containers of paper. Its activity is represented by the manufacturing and trading of the following products namely single-faced corrugated cardboard, double-faced corrugated cardboard, double-double-faced corrugated cardboard, corrugated cardboard with micro-flutes, die-cut and printed corrugated cardboard packaging of various sizes and paperboards in various assortments.

Vrancart (BSE:VNC) Headlines

No Headlines