GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bolsa Mexicana de Valores SAB de CV (FRA:BC51) » Definitions » Interest Expense

Bolsa Mexicana de ValoresB de CV (FRA:BC51) Interest Expense : €-0.5 Mil (TTM As of Jun. 2023)


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

What is Bolsa Mexicana de ValoresB de CV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bolsa Mexicana de ValoresB de CV's interest expense for the three months ended in Jun. 2023 was € 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was €-0.5 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. Bolsa Mexicana de ValoresB de CV's Operating Income for the three months ended in Jun. 2023 was € 25.8 Mil. Bolsa Mexicana de ValoresB de CV's Interest Expense for the three months ended in Jun. 2023 was € 0.0 Mil. Bolsa Mexicana de ValoresB de CV has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Bolsa Mexicana de ValoresB de CV Interest Expense Historical Data

The historical data trend for Bolsa Mexicana de ValoresB 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.

* Premium members only.

Bolsa Mexicana de ValoresB de CV Interest Expense Chart

Bolsa Mexicana de ValoresB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.31 -0.47 -0.49 -0.57 -0.55

Bolsa Mexicana de ValoresB de CV Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 - - -0.54 - -

Bolsa Mexicana de ValoresB 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.5 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.


Bolsa Mexicana de ValoresB de CV  (FRA:BC51) 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.

Bolsa Mexicana de ValoresB de CV's Interest Expense for the three months ended in Jun. 2023 was €0.0 Mil. Its Operating Income for the three months ended in Jun. 2023 was €25.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was €0.0 Mil.

Bolsa Mexicana de ValoresB de CV's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Bolsa Mexicana de ValoresB de CV had no long-term debt (1).

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Bolsa Mexicana de Valores SAB de CV has enough cash to cover all of its debt. Its financial situation is stable.


Bolsa Mexicana de ValoresB de CV (FRA:BC51) Business Description

Traded in Other Exchanges
Address
Avenida Paseo de la Reforma 255, Colonia Cuauhtemoc, Mexico, DF, MEX, 06500
Bolsa Mexicana de Valores SAB de CV or Grupo BMV is a public securities exchange operating in Mexico but with listings from both Mexican and foreign issuers. Its services include trading, listing, custody, clearing, and settlement, as well as counterparty services and data sales. The company's largest sources of revenue include cash equities, derivatives, over-the-counter activity, issuers, custody, and information services. Much of the company's revenue is driven by trading volume. The company's largest costs are personnel and technology-related. As with most exchanges, Grupo BMV heavily relies on technology to deliver its services.

Bolsa Mexicana de ValoresB de CV (FRA:BC51) Headlines

No Headlines