Venealternative (CAR:VNA.B) Interest Expense : VES Mil (TTM As of . 20)

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What is Venealternative Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Venealternative's interest expense for the six months ended in . 20 was VES 0.00 Mil. Venealternative does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Venealternative's Operating Income for the six months ended in . 20 was VES 0.00 Mil. Venealternative's Interest Expense for the six months ended in . 20 was VES 0.00 Mil. Venealternative did not have earnings to cover the interest expense. 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.

Venealternative Interest Expense Historical Data

The historical data trend for Venealternative'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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Venealternative Interest Expense Chart

Venealternative Annual Data

Trend

Interest Expense

Venealternative Semi-Annual Data

Interest Expense

Venealternative Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Venealternative (CAR:VNA.B) 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.

Venealternative's Interest Expense for the six months ended in . 20 was VES0.00 Mil. Its Operating Income for the six months ended in . 20 was VES0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was VES0.00 Mil.

Venealternative's Interest Coverage for the quarter that ended in . 20 is calculated as

Venealternative had no long-term debt ⁽¹⁾.

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

Venealternative Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Venealternative SA (CAR:VNA.B) » Definitions » Interest Expense

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Address

Av. San Felipe, Centro, Coinasa, Floor 4, Office 43B, La Castellana, Caracas, VEN

Website

Venealternative SA is engaged in financial and business sector. Its objective is to raise resources through national and international capital markets to invest in different economic sectors and private companies in the country, with the purpose of offering real returns and becoming the savings vehicle for investors.

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