Impulsora del Desarrollo Y El Empleo En America LatinaB de CV (MEX:IDEALB-1) Interest Expense : MXN-7,878 Mil (TTM As of Sep. 2024)

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What is Impulsora del Desarrollo Y El Empleo En America LatinaB de CV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's interest expense for the three months ended in Sep. 2024 was MXN -70 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was MXN-7,878 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. Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's Operating Income for the three months ended in Sep. 2024 was MXN 4,391 Mil. Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's Interest Expense for the three months ended in Sep. 2024 was MXN -70 Mil. Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's Interest Coverage for the quarter that ended in Sep. 2024 was 62.58. 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.

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV Interest Expense Historical Data

The historical data trend for Impulsora del Desarrollo Y El Empleo En America LatinaB 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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Impulsora del Desarrollo Y El Empleo En America LatinaB de CV Interest Expense Chart

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-4,608.43

-12,710.68

-5,019.84

-4,834.54

-7,696.74

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-59.37	-7,696.74	-56.28	-54.52	-70.17

Impulsora del Desarrollo Y El Empleo En America LatinaB 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-7,878 Mil.

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV (MEX:IDEALB-1) 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.

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's Interest Expense for the three months ended in Sep. 2024 was MXN-70 Mil. Its Operating Income for the three months ended in Sep. 2024 was MXN4,391 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was MXN45,194 Mil.

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	4390.681	/	-70.165
	=	62.58

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

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Impulsora del Desarrollo Y El Empleo En America Latina SAB de CV (MEX:IDEALB-1) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Lago Zurich 245, Edificio Presa Falcon, 17th floor, Ampliacion Granada, Mexico, DF, MEX, 11529

Website

http://www.ideal.com.mx

Impulsora del Desarrollo Y El Empleo En America Latina SAB de CV, or IDEAL, is a Mexican construction and engineering company. The company operates through five main reporting lines: toll roads, service, sale of electricity, prison services, and other. Toll roads, which generates the vast majority of revenue, constructs, operates, and maintains domestic toll roads. Prison services, the next most significant segment, generates income from the operation and maintenance of rehabilitation centres within Mexico.

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