COCSF (Coca-Cola FemsaB de CV) Interest Expense : $-253 Mil (TTM As of Sep. 2024)

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What is Coca-Cola FemsaB de CV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Coca-Cola FemsaB de CV's interest expense for the three months ended in Sep. 2024 was $ -97 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-253 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. Coca-Cola FemsaB de CV's Operating Income for the three months ended in Sep. 2024 was $ 487 Mil. Coca-Cola FemsaB de CV's Interest Expense for the three months ended in Sep. 2024 was $ -97 Mil. Coca-Cola FemsaB de CV's Interest Coverage for the quarter that ended in Sep. 2024 was 5.03. 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.

Coca-Cola FemsaB de CV Interest Expense Historical Data

The historical data trend for Coca-Cola FemsaB de CV'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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Coca-Cola FemsaB de CV Interest Expense Chart

Coca-Cola FemsaB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-243.27

-318.37

-226.43

-217.28

-264.70

Coca-Cola FemsaB de CV 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															-98.00	52.37	-108.28	-100.22	-96.95

Coca-Cola FemsaB de CV 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 $-253 Mil.

Coca-Cola FemsaB de CV (OTCPK:COCSF) 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.

Coca-Cola FemsaB de CV's Interest Expense for the three months ended in Sep. 2024 was $-97 Mil. Its Operating Income for the three months ended in Sep. 2024 was $487 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $3,633 Mil.

Coca-Cola FemsaB de CV'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	*	487.194	/	-96.951
	=	5.03

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

Coca-Cola FemsaB de CV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Coca-Cola Femsa SAB de CV (OTCPK:COCSF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

KOF:USA KOFUBL:Mexico CFS5:Germany CFSL:Germany CFSL:Germany KOF:Argentina

Address

Calle Mario Pani Number 100, Santa Fe Cuajimalpa, Cuajimalpa de Morelos, Ciudad de Mexico, DF, MEX, 05348

Website

https://www.coca-colafemsa.com

Coca-Cola Femsa, a subsidiary of Femsa, is the largest franchise bottler of wide-moat Coca-Cola in volume terms. The company purchases beverage concentrates and syrup from Coca-Cola, which it then processes and packages for distribution through modern trade, traditional trade and the on-premises channel. Mexico and Brazil make up 80% of total sales, with the rest from other Central and South American countries, including Panama, Guatemala, Uruguay, and Argentina. Parent Femsa and Coca-Cola hold 47% and 28% of economic interests in Coca-Cola Femsa, through nonpublicly traded A and D shares, respectively, while controlling 56% and 33% of the respective voting power.