IngealB de CV (MEX:INGEALB) Interest Expense: MXN-0.86 Mil (TTM As of Dec. 2017)


What is IngealB de CV Interest Expense?

IngealB de CV MEX:INGEALB Interest Expense is MXN-0.86 Mil as of Dec. 2017.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. IngealB de CV's interest expense for the six months ended in Dec. 2017 was MXN -0.86 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2017 was MXN-0.86 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. IngealB de CV's Operating Income for the six months ended in Dec. 2017 was MXN -9.14 Mil. IngealB de CV's Interest Expense for the six months ended in Dec. 2017 was MXN -0.86 Mil. IngealB de CV 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.

IngealB de CV  (MEX:INGEALB) 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.

IngealB de CV's Interest Expense for the six months ended in Dec. 2017 was MXN-0.86 Mil. Its Operating Income for the six months ended in Dec. 2017 was MXN-9.14 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2017 was MXN0.00 Mil.

IngealB de CV's Interest Coverage for the quarter that ended in Dec. 2017 is calculated as

IngealB de CV 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.

IngealB de CV Interest Expense Historical Data

* Premium members only.

The historical data trend for IngealB 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.

IngealB de CV Interest Expense Chart

IngealB de CV Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec15 Dec16 Dec17
Interest Expense
Get a 7-Day Free Trial Premium Member Only -14.82 -10.38 -2.27 -0.78 -0.86

IngealB de CV Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec15 Dec16 Dec17
Interest Expense Get a 7-Day Free Trial Premium Member Only -14.82 -10.38 -2.27 -0.78 -0.86

IngealB de CV Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2017 was MXN-0.86 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-0.86 Mil mean?
IngealB de CV (MEX:INGEALB) has a Interest Expense of MXN-0.86 Mil as of Dec. 2017. Interest Expense is the amount a company pays on its long-term debt. View historical data on IngealB de CV and its competitors.
Is IngealB de CV's Interest Expense too high?
IngealB de CV's current Interest Expense is MXN-0.86 Mil.
How does IngealB de CV's Interest Expense compare to competitors?
IngealB de CV's Interest Expense of MXN-0.86 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Interest Expense depends on the Consumer Packaged Goods 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 IngealB de CV and its competitors. IngealB de CV's current Interest Expense is MXN-0.86 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IngealB de CV stock overvalued right now?
IngealB de CV (MEX:INGEALB) has a current Interest Expense of MXN-0.86 Mil. The current Interest Expense is MXN-0.86 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 IngealB de CV (MEX:INGEALB), the current Interest Expense is MXN-0.86 Mil as of Dec. 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.

IngealB de CV Business Description

Address LAKE TANGANYICA 71-202, GRANADA, Mexico, DF, MEX, 09820
Ingeal SAB de CV is a holding company, engaged in the food industry, which specializes in the production and sale of packaged foods, biscuits, pasta and chocolates.