CMT - Compagnie Miniere de Touissit (CAS:CMT) Interest Expense : MAD-37.3 Mil (TTM As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is CMT - Compagnie Miniere de Touissit Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CMT - Compagnie Miniere de Touissit's interest expense for the six months ended in Dec. 2023 was MAD -14.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was MAD-37.3 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. CMT - Compagnie Miniere de Touissit's Operating Income for the six months ended in Dec. 2023 was MAD 166.5 Mil. CMT - Compagnie Miniere de Touissit's Interest Expense for the six months ended in Dec. 2023 was MAD -14.1 Mil. CMT - Compagnie Miniere de Touissit's Interest Coverage for the quarter that ended in Dec. 2023 was 11.78. 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.

CMT - Compagnie Miniere de Touissit Interest Expense Historical Data

The historical data trend for CMT - Compagnie Miniere de Touissit'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.

CMT - Compagnie Miniere de Touissit Interest Expense Chart

CMT - Compagnie Miniere de Touissit Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-94.30

-14.69

-27.56

-37.30

CMT - Compagnie Miniere de Touissit Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-	-16.53	-11.03	-23.17	-14.13

CMT - Compagnie Miniere de Touissit 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 semi-annually data reported by the company within the most recent 12 months, which was MAD-37.3 Mil.

CMT - Compagnie Miniere de Touissit (CAS:CMT) 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.

CMT - Compagnie Miniere de Touissit's Interest Expense for the six months ended in Dec. 2023 was MAD-14.1 Mil. Its Operating Income for the six months ended in Dec. 2023 was MAD166.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was MAD441.9 Mil.

CMT - Compagnie Miniere de Touissit'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	*	166.497	/	-14.129
	=	11.78

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

CMT - Compagnie Miniere de Touissit (CAS:CMT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » CMT - Compagnie Miniere de Touissit (CAS:CMT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Alafak housing estate, lot No. 449-450, Sigma building, 5th floor, Compagnie Miniere de Touissit, La Colline, Sidi Maarouf, Casablanca, MAR, CP 20 270

Website

http://www.miniere-touissit.com

CMT - Compagnie Miniere de Touissit is engaged in the production of high-quality silver lead concentrates. It also produces silver zinc concentrates. Established in Eastern Morocco and then in the Middle Atlas, it currently operates the Tighza Mine, in Morocco.