La ComerB de CV (La ComerB de CV) Interest Expense : $-9.12 Mil (TTM As of Dec. 2022)

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What is La ComerB de CV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. La ComerB de CV's interest expense for the three months ended in Dec. 2022 was $ -2.69 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 was $-9.12 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. La ComerB de CV's Operating Income for the three months ended in Dec. 2022 was $ 33.25 Mil. La ComerB de CV's Interest Expense for the three months ended in Dec. 2022 was $ -2.69 Mil. La ComerB de CV's Interest Coverage for the quarter that ended in Dec. 2022 was 12.37. 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.

La ComerB de CV Interest Expense Historical Data

The historical data trend for La ComerB 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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La ComerB de CV Interest Expense Chart

La ComerB de CV Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-7.49

-7.57

-7.55

-9.30

-11.81

La ComerB de CV Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Dec23
Interest Expense	Get a 7-Day Free Trial															-2.11	-2.16	-2.16	-2.69	-

La ComerB 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 Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9.12 Mil.

La ComerB de CV (OTCPK:LCMRF) 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.

La ComerB de CV's Interest Expense for the three months ended in Dec. 2022 was $-2.69 Mil. Its Operating Income for the three months ended in Dec. 2022 was $33.25 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2022 was $87.05 Mil.

La ComerB de CV's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2022 )	/	Interest Expense (Q: Dec. 2022 )
	=	-1	*	33.245	/	-2.687
	=	12.37

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

La ComerB de CV (La ComerB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » La Comer SAB de CV (OTCPK:LCMRF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenue Revolucion 780, Modulo 2, Colonia San Juan, Mexico City, DF, MEX, 3730

Website

http://www.lacomer.com.mx

La Comer SAB de CV is a food retail company. The company offers food items, groceries, perishables goods and non-food products such as general merchandise and clothing.

La ComerB de CV (La ComerB de CV) Headlines

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