Multiplan Empreendimentos Imobiliarios (BSP:MULT3) Interest Expense : R$-327 Mil (TTM As of Mar. 2024)

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What is Multiplan Empreendimentos Imobiliarios Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Multiplan Empreendimentos Imobiliarios's interest expense for the three months ended in Mar. 2024 was R$ -79 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was R$-327 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. Multiplan Empreendimentos Imobiliarios's Operating Income for the three months ended in Mar. 2024 was R$ 356 Mil. Multiplan Empreendimentos Imobiliarios's Interest Expense for the three months ended in Mar. 2024 was R$ -79 Mil. Multiplan Empreendimentos Imobiliarios's Interest Coverage for the quarter that ended in Mar. 2024 was 4.51. 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.

Multiplan Empreendimentos Imobiliarios Interest Expense Historical Data

The historical data trend for Multiplan Empreendimentos Imobiliarios'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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Multiplan Empreendimentos Imobiliarios Interest Expense Chart

Multiplan Empreendimentos Imobiliarios Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-209.20

-137.66

-178.05

-371.37

-344.69

Multiplan Empreendimentos Imobiliarios 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															-96.99	-91.26	-83.06	-74.15	-78.97

Multiplan Empreendimentos Imobiliarios 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 R$-327 Mil.

Multiplan Empreendimentos Imobiliarios (BSP:MULT3) 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.

Multiplan Empreendimentos Imobiliarios's Interest Expense for the three months ended in Mar. 2024 was R$-79 Mil. Its Operating Income for the three months ended in Mar. 2024 was R$356 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was R$2,665 Mil.

Multiplan Empreendimentos Imobiliarios'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	*	356.294	/	-78.972
	=	4.51

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

Multiplan Empreendimentos Imobiliarios (BSP:MULT3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Multiplan Empreendimentos Imobiliarios SA (BSP:MULT3) » Definitions » Interest Expense

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Traded in Other Exchanges

MLTTY:USA

Address

Avenida das Americas, 4200, Bloco 2 - 5th andar, Sala 501, Barra da Tijuca, CEP, Rio de Janeiro, RJ, BRA, 22640-102

Website

https://www.multiplan.com.br

Multiplan Empreendimentos Imobiliarios SA is a general real estate company. The company reports four segments: Properties for lease, Real estate for sale, Projects, and Management and other. The vast majority of the company's revenue is derived from its properties for lease segment, which leases shopping malls. The properties for sale segment builds and sells properties in the surrounding areas of the shopping malls. The company generates its revenue in Brazil. The company utilizes merger and acquisition investment as part of its growth strategy.

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