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Insumos AGroquimicos (BUE:INAG5) Interest Expense : ARS-1,018.15 Mil (TTM As of Dec. 2023)


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What is Insumos AGroquimicos Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Insumos AGroquimicos's interest expense for the three months ended in Dec. 2023 was ARS -224.32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ARS-1,018.15 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. Insumos AGroquimicos's Operating Income for the three months ended in Dec. 2023 was ARS 1,192.29 Mil. Insumos AGroquimicos's Interest Expense for the three months ended in Dec. 2023 was ARS -224.32 Mil. Insumos AGroquimicos's Interest Coverage for the quarter that ended in Dec. 2023 was 5.32. 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.


Insumos AGroquimicos Interest Expense Historical Data

The historical data trend for Insumos AGroquimicos'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.

Insumos AGroquimicos Interest Expense Chart

Insumos AGroquimicos Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Interest Expense
Get a 7-Day Free Trial -12.56 -73.15 -24.80 -89.19 -281.08

Insumos AGroquimicos Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Sep23 Dec23
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 -212.46 -315.22 -24.17 -793.83 -224.32

Insumos AGroquimicos 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 ARS-1,018.15 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.


Insumos AGroquimicos  (BUE:INAG5) 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.

Insumos AGroquimicos's Interest Expense for the three months ended in Dec. 2023 was ARS-224.32 Mil. Its Operating Income for the three months ended in Dec. 2023 was ARS1,192.29 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ARS6,238.54 Mil.

Insumos AGroquimicos'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*1192.293/-224.324
=5.32

* 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.


Insumos AGroquimicos (BUE:INAG5) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Santa Fe 1731, 3rd floor, Buenos Aires, ARG, C1060ABD
Insumos AGroquimicos SA operates in the agricultural inputs sector. The company sells, distributes and markets insecticides, herbicides, fungicides, seed treatments and seed inoculants.

Insumos AGroquimicos (BUE:INAG5) Headlines

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