Ultrapar Participacoes (BUE:UGP) Interest Expense : ARS-219,871 Mil (TTM As of Sep. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Ultrapar Participacoes Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ultrapar Participacoes's interest expense for the three months ended in Sep. 2024 was ARS -56,481 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ARS-219,871 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. Ultrapar Participacoes's Operating Income for the three months ended in Sep. 2024 was ARS 185,243 Mil. Ultrapar Participacoes's Interest Expense for the three months ended in Sep. 2024 was ARS -56,481 Mil. Ultrapar Participacoes's Interest Coverage for the quarter that ended in Sep. 2024 was 3.28. 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.

Ultrapar Participacoes Interest Expense Historical Data

The historical data trend for Ultrapar Participacoes'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.

Ultrapar Participacoes Interest Expense Chart

Ultrapar Participacoes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-15,359.42

-12,153.11

-14,784.39

-50,924.89

-119,738.13

Ultrapar Participacoes 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															-42,285.44	-32,602.80	-49,928.42	-80,858.36	-56,480.93

Ultrapar Participacoes 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-219,871 Mil.

Ultrapar Participacoes (BUE:UGP) 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.

Ultrapar Participacoes's Interest Expense for the three months ended in Sep. 2024 was ARS-56,481 Mil. Its Operating Income for the three months ended in Sep. 2024 was ARS185,243 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ARS1,996,717 Mil.

Ultrapar Participacoes'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	*	185242.8	/	-56480.928
	=	3.28

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

Ultrapar Participacoes Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ultrapar Participacoes SA (BUE:UGP) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

UGP:USA UGR:Germany UGPA3:Brazil

Address

Brigadeiro Luis Antonio Avenue, 1343, Sao Paulo, SP, BRA, 01317-910

Website

https://www.ultra.com.br

Ultrapar Participacoes SA engages in the investment of its own capital in services, commercial, industrial activities, through the subscription or acquisition of shares of other companies. The Company has three business segments: gas distribution, fuel distribution and storage. The gas distribution segment (Ultragaz) distributes LPG to residential, commercial, and industrial consumers, especially in the South, Southeast, and Northeast regions of Brazil. The fuel distribution segment operates the distribution and marketing of gasoline, ethanol, diesel, fuel oil, kerosene, natural gas for vehicles, and lubricants and related activities throughout all the Brazilian territory. The storage segment operates liquid bulk terminals, especially in the Southeast and Northeast regions of Brazil.