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Brisanet Participacoes (BSP:BRIT3) Interest Expense : R$-158 Mil (TTM As of Sep. 2024)


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What is Brisanet Participacoes Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Brisanet Participacoes's interest expense for the three months ended in Sep. 2024 was R$ -53 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was R$-158 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. Brisanet Participacoes's Operating Income for the three months ended in Sep. 2024 was R$ 44 Mil. Brisanet Participacoes's Interest Expense for the three months ended in Sep. 2024 was R$ -53 Mil. Brisanet Participacoes's Interest Coverage for the quarter that ended in Sep. 2024 was 0.82. 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.

Brisanet Participacoes Interest Expense Historical Data

The historical data trend for Brisanet Participacoes'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.

Brisanet Participacoes Interest Expense Chart

Brisanet Participacoes Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -16.48 -45.56 -176.73 -142.88 -146.69

Brisanet Participacoes Quarterly Data
Dec18 Dec19 Mar20 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 -34.44 -32.99 -37.18 -34.78 -53.47

Brisanet Participacoes 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 R$-158 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.

Brisanet Participacoes  (BSP:BRIT3) 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.

Brisanet Participacoes's Interest Expense for the three months ended in Sep. 2024 was R$-53 Mil. Its Operating Income for the three months ended in Sep. 2024 was R$44 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was R$1,532 Mil.

Brisanet Participacoes'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*43.993/-53.467
=0.82

* 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.

Brisanet Participacoes Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Brisanet Participacoes SA (BSP:BRIT3) » Definitions » Interest Expense
Comparable Companies
BSP:TELB3 BSP:FIQE3 BSP:DESK3 BSP:LVTC3 BSP:DTCY3 BSP:ATOM3 SHSE:600941 CMCSA TMUS VZ T XTER:DTE TSE:9432 NSE:BHARTIARTL TSE:9433 HKSE:00728 CHTR TSE:9984 TSE:9434 MEX:AMX B
Traded in Other Exchanges
N/A
Address
Rodovia CE 138 KM 14, s/n, Estrada Carrossal Brisa 1Km, Portao A, Pereiro, CE, BRA, 63460-000
Website
https://www.brisanet.com.br
Brisanet Participacoes SA provides telecommunication services. The company offers fiber optic technology and radio, fixed telephony, and VOIP services in Brazil. The services of the company include the provision of telecommunication services such as MCS (Multimedia Communication Service), equipment rental, IT services, radio and optical fiber network installation services, and others.

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