GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Priner Servicos Industriais SA (BSP:PRNR3) » Definitions » Interest Expense

Priner Servicos Industriais (BSP:PRNR3) Interest Expense : R$-52 Mil (TTM As of Dec. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Priner Servicos Industriais Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Priner Servicos Industriais's interest expense for the three months ended in Dec. 2024 was R$ -15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was R$-52 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. Priner Servicos Industriais's Operating Income for the three months ended in Dec. 2024 was R$ 46 Mil. Priner Servicos Industriais's Interest Expense for the three months ended in Dec. 2024 was R$ -15 Mil. Priner Servicos Industriais's Interest Coverage for the quarter that ended in Dec. 2024 was 3.04. 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.


Priner Servicos Industriais Interest Expense Historical Data

The historical data trend for Priner Servicos Industriais'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.

Priner Servicos Industriais Interest Expense Chart

Priner Servicos Industriais Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only -5.74 -5.17 -13.89 -36.81 -51.76

Priner Servicos Industriais Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -12.33 -11.32 -11.53 -13.81 -15.11

Priner Servicos Industriais 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-52 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.


Priner Servicos Industriais  (BSP:PRNR3) 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.

Priner Servicos Industriais's Interest Expense for the three months ended in Dec. 2024 was R$-15 Mil. Its Operating Income for the three months ended in Dec. 2024 was R$46 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was R$215 Mil.

Priner Servicos Industriais's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*45.905/-15.108
=3.04

* 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.


Priner Servicos Industriais Business Description

Traded in Other Exchanges
N/A
Address
Centro Empresarial Mario Henrique Simonsen, Bloco 6, 6 andar - Barra da Tijuca, Avenida das Americas, Rio de Janeiro, RJ, BRA, CEP 22.640-102
Priner Servicos Industriais SA provides diversified services like industrial painting, surface treatment, thermal insulation and pressurized habitat. Priner operates throughout Brazil providing services in the areas of Petrochemical, Pulp, and Paper, Steel, Offshore, Naval, and Mining.

Priner Servicos Industriais Headlines

No Headlines