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Desarrolladora HomexB de CV (FRA:EZH) Interest Expense : €-3.41 Mil (TTM As of Mar. 2022)


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What is Desarrolladora HomexB de CV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Desarrolladora HomexB de CV's interest expense for the three months ended in Mar. 2022 was € -0.23 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2022 was €-3.41 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. Desarrolladora HomexB de CV's Operating Income for the three months ended in Mar. 2022 was € 0.09 Mil. Desarrolladora HomexB de CV's Interest Expense for the three months ended in Mar. 2022 was € -0.23 Mil. Desarrolladora HomexB de CV's Interest Coverage for the quarter that ended in Mar. 2022 was 0.39. 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.


Desarrolladora HomexB de CV Interest Expense Historical Data

The historical data trend for Desarrolladora HomexB 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.

Desarrolladora HomexB de CV Interest Expense Chart

Desarrolladora HomexB de CV Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.75 -5.10 -2.57 -1.99 -3.88

Desarrolladora HomexB de CV Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 -0.59 -0.72 -1.62 -0.83 -0.23

Desarrolladora HomexB 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 Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was €-3.41 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.


Desarrolladora HomexB de CV  (FRA:EZH) 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.

Desarrolladora HomexB de CV's Interest Expense for the three months ended in Mar. 2022 was €-0.23 Mil. Its Operating Income for the three months ended in Mar. 2022 was €0.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2022 was €1.19 Mil.

Desarrolladora HomexB de CV's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2022 )/Interest Expense (Q: Mar. 2022 )
=-1*0.091/-0.233
=0.39

* 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.


Desarrolladora HomexB de CV (FRA:EZH) Business Description

Traded in Other Exchanges
N/A
Address
Boulevard Alfonso Zaragoza Maytorena 2204 Norte, Fraccionamiento Bonanza, Culiacan, SIN, MEX, 80200
Desarrolladora Homex SAB de CV is a home development company. It develops constructs and sales entry level, middle-income and tourism housing in Mexico and entry-level housing in Brazil. The firm's business is divided into entry-level, middle income, residential and tourism segments. These segments are differentiated on the basis of cost, size and characteristics. The company derives majority of its revenues from entry-level segment.

Desarrolladora HomexB de CV (FRA:EZH) Headlines

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