Qualicorp Consultoria E Corretora De Seguros (BSP:QUAL3) Interest Expense : R$-328 Mil (TTM As of Dec. 2023)

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What is Qualicorp Consultoria E Corretora De Seguros Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Qualicorp Consultoria E Corretora De Seguros's interest expense for the three months ended in Dec. 2023 was R$ -76 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was R$-328 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. Qualicorp Consultoria E Corretora De Seguros's Operating Income for the three months ended in Dec. 2023 was R$ 166 Mil. Qualicorp Consultoria E Corretora De Seguros's Interest Expense for the three months ended in Dec. 2023 was R$ -76 Mil. Qualicorp Consultoria E Corretora De Seguros's Interest Coverage for the quarter that ended in Dec. 2023 was 2.20. 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.

Qualicorp Consultoria E Corretora De Seguros Interest Expense Historical Data

The historical data trend for Qualicorp Consultoria E Corretora De Seguros'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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Qualicorp Consultoria E Corretora De Seguros Interest Expense Chart

Qualicorp Consultoria E Corretora De Seguros Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-68.39

-55.64

-79.83

-264.33

-328.13

Qualicorp Consultoria E Corretora De Seguros Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-84.08	-84.31	-82.87	-85.36	-75.58

Qualicorp Consultoria E Corretora De Seguros 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-328 Mil.

Qualicorp Consultoria E Corretora De Seguros (BSP:QUAL3) 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.

Qualicorp Consultoria E Corretora De Seguros's Interest Expense for the three months ended in Dec. 2023 was R$-76 Mil. Its Operating Income for the three months ended in Dec. 2023 was R$166 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was R$1,658 Mil.

Qualicorp Consultoria E Corretora De Seguros's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	166.164	/	-75.582
	=	2.20

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

Qualicorp Consultoria E Corretora De Seguros (BSP:QUAL3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Qualicorp Consultoria E Corretora De Seguros SA (BSP:QUAL3) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Doutor Plinio Barreto, 365, 1st Floor, Bela Vista, Sao Paulo, SP, BRA, 01313-020

Website

https://www.qualicorp.com.br

Qualicorp Consultoria E Corretora De Seguros SA is a full-service healthcare benefits administrator and health management service provider in Brazil. The company administers and manages health benefits by combining pre and post-sale services via a wide range of medical and administrative solutions designed to create value for its clients, customers and partners. It provides benefits administration, billing, benefits planning consulting, health insurance brokerage, health risk management services, analysis and reporting of loss ratios and third-party administration services. The Company has only one reportable segment: the Affinity segment. It operates in this segment through its subsidiaries.

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