Colorado Peintures (CAS:COL) Interest Expense : MAD-1.5 Mil (TTM As of Dec. 2023)

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What is Colorado Peintures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Colorado Peintures's interest expense for the six months ended in Dec. 2023 was MAD -0.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was MAD-1.5 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. Colorado Peintures's Operating Income for the six months ended in Dec. 2023 was MAD 35.3 Mil. Colorado Peintures's Interest Expense for the six months ended in Dec. 2023 was MAD -0.7 Mil. Colorado Peintures's Interest Coverage for the quarter that ended in Dec. 2023 was 48.62. 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.

Colorado Peintures Interest Expense Historical Data

The historical data trend for Colorado Peintures'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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Colorado Peintures Interest Expense Chart

Colorado Peintures Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-2.19

-2.09

-1.34

-1.88

-1.54

Colorado Peintures 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															-0.69	-0.87	-1.01	-0.82	-0.73

Colorado Peintures 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-1.5 Mil.

Colorado Peintures (CAS:COL) 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.

Colorado Peintures's Interest Expense for the six months ended in Dec. 2023 was MAD-0.7 Mil. Its Operating Income for the six months ended in Dec. 2023 was MAD35.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was MAD4.0 Mil.

Colorado Peintures'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	*	35.296	/	-0.726
	=	48.62

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

Colorado Peintures (CAS:COL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Colorado Peintures (CAS:COL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Route My Thami Km 15, Commune Rurale Oulad Azouz, Dar Bouazza, Casablanca, MAR, 20100

Website

http://www.colorado.ma

Colorado Peintures is engaged in the production of architectural paint as well as decorative paints. The company provides interior paints, exterior paints, automotive refinish, tinting machine, and industrial coatings.