Industria Automotriz de CV (MEX:IASASA) Interest Expense: MXN-21.30 Mil (TTM As of Jun. 2011)


What is Industria Automotriz de CV Interest Expense?

Industria Automotriz de CV MEX:IASASA Interest Expense is MXN-21.30 Mil as of Jun. 2011.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Industria Automotriz de CV's interest expense for the three months ended in Jun. 2011 was MXN 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2011 was MXN-21.30 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. Industria Automotriz de CV's Operating Income for the three months ended in Jun. 2011 was MXN -1.29 Mil. Industria Automotriz de CV's Interest Expense for the three months ended in Jun. 2011 was MXN 0.00 Mil. Industria Automotriz 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.

Industria Automotriz de CV  (MEX:IASASA) 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.

Industria Automotriz de CV's Interest Expense for the three months ended in Jun. 2011 was MXN0.00 Mil. Its Operating Income for the three months ended in Jun. 2011 was MXN-1.29 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2011 was MXN0.00 Mil.

Industria Automotriz de CV's Interest Coverage for the quarter that ended in Jun. 2011 is calculated as

Industria Automotriz 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.

Industria Automotriz de CV Interest Expense Historical Data

* Premium members only.

The historical data trend for Industria Automotriz 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.

Industria Automotriz de CV Interest Expense Chart

Industria Automotriz de CV Annual Data
Trend Dec07 Dec08 Dec09
Interest Expense
0.00 -57.27 0.00

Industria Automotriz de CV Quarterly Data
Dec07 Dec08 Sep09 Dec09 Mar10 Jun10 Sep10 Mar11 Jun11
Interest Expense Get a 7-Day Free Trial Premium Member Only -21.12 0.00 -8.74 -12.56 0.00

Industria Automotriz 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. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-21.30 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of MXN-21.30 Mil mean?
Industria Automotriz de CV (MEX:IASASA) has a Interest Expense of MXN-21.30 Mil as of Jun. 2011. Interest Expense is the amount a company pays on its long-term debt. View historical data on Industria Automotriz de CV and its competitors.
Is Industria Automotriz de CV's Interest Expense too high?
Industria Automotriz de CV's current Interest Expense is MXN-21.30 Mil.
How does Industria Automotriz de CV's Interest Expense compare to CSHEF and AMTY?
Industria Automotriz de CV's Interest Expense of MXN-21.30 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Vehicles & Parts company?
A good Interest Expense depends on the Vehicles & Parts industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Industria Automotriz de CV and its competitors. Industria Automotriz de CV's current Interest Expense is MXN-21.30 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industria Automotriz de CV stock overvalued right now?
Industria Automotriz de CV (MEX:IASASA) has a current Interest Expense of MXN-21.30 Mil. The current Interest Expense is MXN-21.30 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Industria Automotriz de CV (MEX:IASASA), the current Interest Expense is MXN-21.30 Mil as of Jun. 2011. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Industria Automotriz de CV Business Description

Address Avenida Universidad 1011, San Nicolas de los Garza, NL, MEX, 66400
Industria Automotriz SA de CV is engaged in manufacturing of stamping, assemblies and subassemblies for the automotive industry. The company also manufactures dies and tool, assembly attachments and attachments to check the produced pieces.