Companhia Siderurgica Nacional (BUE:SID) Interest Expense : ARS-640,247 Mil (TTM As of Sep. 2024)

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What is Companhia Siderurgica Nacional Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Companhia Siderurgica Nacional's interest expense for the three months ended in Sep. 2024 was ARS -188,313 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ARS-640,247 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. Companhia Siderurgica Nacional's Operating Income for the three months ended in Sep. 2024 was ARS 111,725 Mil. Companhia Siderurgica Nacional's Interest Expense for the three months ended in Sep. 2024 was ARS -188,313 Mil. Companhia Siderurgica Nacional's Interest Coverage for the quarter that ended in Sep. 2024 was 0.59. 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.

Companhia Siderurgica Nacional Interest Expense Historical Data

The historical data trend for Companhia Siderurgica Nacional'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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Companhia Siderurgica Nacional Interest Expense Chart

Companhia Siderurgica Nacional Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-30,393.27

-35,607.18

-40,457.09

-98,058.37

-307,217.94

Companhia Siderurgica Nacional Quarterly Data
	Dec19	Mar20	Jun20	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															-76,766.08	-74,651.14	-181,477.90	-195,805.27	-188,312.56

Companhia Siderurgica Nacional 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 ARS-640,247 Mil.

Companhia Siderurgica Nacional (BUE:SID) 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.

Companhia Siderurgica Nacional's Interest Expense for the three months ended in Sep. 2024 was ARS-188,313 Mil. Its Operating Income for the three months ended in Sep. 2024 was ARS111,725 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ARS7,364,020 Mil.

Companhia Siderurgica Nacional'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	*	111724.686	/	-188312.556
	=	0.59

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

Companhia Siderurgica Nacional Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Companhia Siderurgica Nacional (BUE:SID) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

SID:USA SID N:Mexico CQWA:Germany CSNA3:Brazil

Address

Avenue Brigadeiro Faria Lima, 3400, 20th Floor, Sao Paulo, SP, BRA, 04538-132

Website

https://www.csn.com.br

Companhia Siderurgica Nacional is an integrated steel producer. The company operate throughout the entire steel production chain, from the mining of iron ore to the production and sale of a diversified range of steel products. It operates in five segments namely, Steel, Mining, Logistics, Energy, and Cement. It generates maximum revenue from the steel segment. Geographically, it derives a majority of revenue from Asia.