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Serviciosorativos JaverPI de CV (MEX:JAVER) Interest Expense : MXN-429 Mil (TTM As of Mar. 2024)


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What is Serviciosorativos JaverPI de CV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Serviciosorativos JaverPI de CV's interest expense for the three months ended in Mar. 2024 was MXN -109 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was MXN-429 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. Serviciosorativos JaverPI de CV's Operating Income for the three months ended in Mar. 2024 was MXN 247 Mil. Serviciosorativos JaverPI de CV's Interest Expense for the three months ended in Mar. 2024 was MXN -109 Mil. Serviciosorativos JaverPI de CV's Interest Coverage for the quarter that ended in Mar. 2024 was 2.26. 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.


Serviciosorativos JaverPI de CV Interest Expense Historical Data

The historical data trend for Serviciosorativos JaverPI 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.

* Premium members only.

Serviciosorativos JaverPI de CV Interest Expense Chart

Serviciosorativos JaverPI de CV 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 -559.13 -532.40 -447.81 -638.53 -424.23

Serviciosorativos JaverPI de CV 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 -104.44 -109.62 -98.49 -111.69 -109.10

Serviciosorativos JaverPI 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-429 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.


Serviciosorativos JaverPI de CV  (MEX:JAVER) 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.

Serviciosorativos JaverPI de CV's Interest Expense for the three months ended in Mar. 2024 was MXN-109 Mil. Its Operating Income for the three months ended in Mar. 2024 was MXN247 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was MXN1,739 Mil.

Serviciosorativos JaverPI de CV's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*247.014/-109.1
=2.26

* 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.


Serviciosorativos JaverPI de CV (MEX:JAVER) Business Description

Traded in Other Exchanges
N/A
Address
Pabellon M Piso 34, Avenue Juarez No. 1102, Col. Centro, Monterrey, NL, MEX, 64000
Servicios Corporativos Javer SAPI de CV is a traditional housing construction company based in Monterrey. The company is engaged in the construction of houses, specializing in houses of social interest, houses of medium interest and residential houses. It operates in Aguascalientes, Mexico state, Jalisco, Mexico City, New Lion, Queretaro, Quintana Roo and Tamaulipas.

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