Empresas ICAB de CV (MEX:ICA) Interest Expense: MXN-7,488 Mil (TTM As of Mar. 2017)


What is Empresas ICAB de CV Interest Expense?

Empresas ICAB de CV MEX:ICA Interest Expense is MXN-7,488 Mil as of Mar. 2017.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Empresas ICAB de CV's interest expense for the three months ended in Mar. 2017 was MXN -1,815 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2017 was MXN-7,488 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. Empresas ICAB de CV's Operating Income for the three months ended in Mar. 2017 was MXN 174 Mil. Empresas ICAB de CV's Interest Expense for the three months ended in Mar. 2017 was MXN -1,815 Mil. Empresas ICAB de CV's Interest Coverage for the quarter that ended in Mar. 2017 was 0.10. 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.

Empresas ICAB de CV  (MEX:ICA) 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.

Empresas ICAB de CV's Interest Expense for the three months ended in Mar. 2017 was MXN-1,815 Mil. Its Operating Income for the three months ended in Mar. 2017 was MXN174 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2017 was MXN32,899 Mil.

Empresas ICAB de CV's Interest Coverage for the quarter that ended in Mar. 2017 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2017 )/Interest Expense (Q: Mar. 2017 )
=-1*174/-1815
=0.10

* 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.

Empresas ICAB de CV Interest Expense Historical Data

* Premium members only.

The historical data trend for Empresas ICAB 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.

Empresas ICAB de CV Interest Expense Chart

Empresas ICAB de CV Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,433.57 -4,102.36 -6,168.45 -6,836.31 -7,773.57

Empresas ICAB de CV Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 -2,102.00 -1,423.00 -2,063.00 -2,186.57 -1,815.00

Empresas ICAB 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-7,488 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-7,488 Mil mean?
Empresas ICAB de CV (MEX:ICA) has a Interest Expense of MXN-7,488 Mil as of Mar. 2017. Interest Expense is the amount a company pays on its long-term debt. View historical data on Empresas ICAB de CV and its competitors.
Is Empresas ICAB de CV's Interest Expense too high?
Empresas ICAB de CV's current Interest Expense is MXN-7,488 Mil.
How does Empresas ICAB de CV's Interest Expense compare to competitors?
Empresas ICAB de CV's Interest Expense of MXN-7,488 Mil can be compared against companies in the Construction 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 Construction company?
A good Interest Expense depends on the Construction 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 Empresas ICAB de CV and its competitors. Empresas ICAB de CV's current Interest Expense is MXN-7,488 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empresas ICAB de CV stock overvalued right now?
Empresas ICAB de CV (MEX:ICA) has a current Interest Expense of MXN-7,488 Mil. The current Interest Expense is MXN-7,488 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 Empresas ICAB de CV (MEX:ICA), the current Interest Expense is MXN-7,488 Mil as of Mar. 2017. 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.

Empresas ICAB de CV Business Description

Address Boulevard Manuel Avila Camacho 36, Col. Lomas de Chapultepec, Delegation Miguel Hidalgo, Mexico City, DF, MEX, 11000
Empresas ICA SAB de CV is an engineering, procurement, and construction company. It provides construction and related services which includes development and construction of infrastructure facilities, industrial and urban construction, construction, maintenance and operation of airports, highways, social infrastructure and tunnels and operation and management of water supply and waste disposal systems. The company has Civil construction, Industrial construction, Airports, Concessions and Corporate and Other segments. It derives the majority of its revenues from Civil construction segment.