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Minera FriscoB de CV (MEX:MFRISCOA-1) Interest Expense : MXN-1,820 Mil (TTM As of Dec. 2024)


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What is Minera FriscoB de CV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Minera FriscoB de CV's interest expense for the three months ended in Dec. 2024 was MXN -420 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was MXN-1,820 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. Minera FriscoB de CV's Operating Income for the three months ended in Dec. 2024 was MXN 775 Mil. Minera FriscoB de CV's Interest Expense for the three months ended in Dec. 2024 was MXN -420 Mil. Minera FriscoB de CV's Interest Coverage for the quarter that ended in Dec. 2024 was 1.84. 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.

Minera FriscoB de CV Interest Expense Historical Data

The historical data trend for Minera FriscoB 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.

Minera FriscoB de CV Interest Expense Chart

Minera FriscoB de CV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,317.07 -775.02 -810.79 -1,548.45 -1,819.96

Minera FriscoB de CV Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -472.68 -468.06 -469.34 -462.44 -420.13

Minera FriscoB 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-1,820 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.

Minera FriscoB de CV  (MEX:MFRISCOA-1) 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.

Minera FriscoB de CV's Interest Expense for the three months ended in Dec. 2024 was MXN-420 Mil. Its Operating Income for the three months ended in Dec. 2024 was MXN775 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was MXN10,000 Mil.

Minera FriscoB de CV's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*774.766/-420.125
=1.84

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Minera Frisco SAB de CV interest coverage is 1.17, which is low.

Minera FriscoB de CV Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Minera Frisco SAB de CV (MEX:MFRISCOA-1) » Definitions » Interest Expense
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MEX:AUTLANB ASX:BHP ASX:RIO LSE:RIO SAU:1211 MEX:GMEXICOB LSE:GLEN BSP:VALE3 LSE:AAL ASX:FMG HKSE:03993 BOM:500188 BOM:500295 TSX:TECK.B SHSE:600111 XKRX:010130 MEX:PE&OLES TSX:IVN OSTO:BOL SHSE:603799
Traded in Other Exchanges
MFRVF:USA
Address
Av. Paseo de Las Palmas No 781, 7th Floor Col Lomas De Chapultepec Iii, Miguel Hidalgo Section, Mexico City, MEX, MEX, 11000
Website
https://www.minerafrisco.com.mx
Minera Frisco SAB de CV is engaged in the metal mining industry. The primary activity of the company is the exploration and exploitation of mineral resources and the sale of lead-silver concentrates, zinc concentrates, copper concentrates, copper in cathode and gold and silver rods. The company's process comprises of exploration of mining prospects and geological study of the selected areas. The company owns such subsidiaries as Minera CRA SA de CV, Minera CX SA de CV, Minera Tayahua SA de CV, Minera San Francisco del Oro, SA de CV, as well as Multiservicios de Exploracion Geologica Frisco, SA de CV.

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