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Grupa Azoty (LTS:0NS1) Interest Expense : zł-480 Mil (TTM As of Mar. 2024)


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What is Grupa Azoty Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Grupa Azoty's interest expense for the three months ended in Mar. 2024 was zł -108 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was zł-480 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. Grupa Azoty's Operating Income for the three months ended in Mar. 2024 was zł -260 Mil. Grupa Azoty's Interest Expense for the three months ended in Mar. 2024 was zł -108 Mil. Grupa Azoty did not have earnings to cover the interest expense. 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.


Grupa Azoty Interest Expense Historical Data

The historical data trend for Grupa Azoty'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.

Grupa Azoty Interest Expense Chart

Grupa Azoty 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 -90.67 -81.64 -91.06 -213.28 -294.29

Grupa Azoty Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -84.24 -124.33 -279.52 31.87 -108.07

Grupa Azoty 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was zł-480 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.


Grupa Azoty  (LTS:0NS1) 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.

Grupa Azoty's Interest Expense for the three months ended in Mar. 2024 was zł-108 Mil. Its Operating Income for the three months ended in Mar. 2024 was zł-260 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was zł1,049 Mil.

Grupa Azoty's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Grupa Azoty did not have earnings to cover the interest expense.

* 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.


Grupa Azoty (LTS:0NS1) Business Description

Traded in Other Exchanges
Address
ul. Kwiatkowskiego 8, Tarnow, POL, 33-101
Grupa Azoty SA is a holding company, which through its subsidiaries, produces and sells chemicals, plastics, fertilizers, titanium, and extracts sulfur products. The firm organizes itself into five segments based on the product type. The Agro fertilizer segment, which generates the majority of revenue, sells fertilizers and agrochemicals. The Plastics segment sells a variety of plastic products to the automotive, construction, food, and textile industries. The Energy segment produces and sells electricity. The Chemicals segment sells oxo alcohols and other chemicals and its other segment comprises activities such as laboratory services, property rental, and other activities.

Grupa Azoty (LTS:0NS1) Headlines

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