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Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) Interest Expense : MAD-7.4 Mil (TTM As of Dec. 2023)


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What is Societe Nationale d'Electrolyse et de Petrochimie Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Societe Nationale d'Electrolyse et de Petrochimie's interest expense for the six months ended in Dec. 2023 was MAD 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was MAD-7.4 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. Societe Nationale d'Electrolyse et de Petrochimie's Operating Income for the six months ended in Dec. 2023 was MAD 5.2 Mil. Societe Nationale d'Electrolyse et de Petrochimie's Interest Expense for the six months ended in Dec. 2023 was MAD 0.0 Mil. GuruFocus does not calculate Societe Nationale d'Electrolyse et de Petrochimie's interest coverage with the available data. 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.


Societe Nationale d'Electrolyse et de Petrochimie Interest Expense Historical Data

The historical data trend for Societe Nationale d'Electrolyse et de Petrochimie'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.

Societe Nationale d'Electrolyse et de Petrochimie Interest Expense Chart

Societe Nationale d'Electrolyse et de Petrochimie Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.09 -8.51 -7.41 -21.46 -1.72

Societe Nationale d'Electrolyse et de Petrochimie Semi-Annual Data
Dec13 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.57 -9.89 -11.57 -7.43 -

Societe Nationale d'Electrolyse et de Petrochimie 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-7.4 Mil.

* 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.


Societe Nationale d'Electrolyse et de Petrochimie  (CAS:SNP) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Societe Nationale d'Electrolyse et de Petrochimie's Interest Expense for the six months ended in Dec. 2023 was MAD0.0 Mil. Its Operating Income for the six months ended in Dec. 2023 was MAD5.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was MAD260.3 Mil.

Societe Nationale d'Electrolyse et de Petrochimie's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

GuruFocus does not calculate Societe Nationale d'Electrolyse et de Petrochimie's interest coverage with the available data.

* 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.

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


Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) Business Description

Traded in Other Exchanges
N/A
Address
Route Cotiere N 111 - Mohammadia, Casablanca, MAR
Societe Nationale d'Electrolyse et de Petrochimie manufactures vinyl products (PVC and Compound PVC) and products resulting from electrolysis (Soda, Chlorine, Bleach) and Hydrochloric Acid. The company ioffers its products to BTP, Irrigation, Drinking water supply and sanitation, Detergency and domestic and industrial hygiene, Water treatment, and Food industry.

Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) Headlines

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