Reliance (MEX:RS) Interest Expense: MXN-3,058 Mil (TTM As of Mar. 2026)

What is Reliance Interest Expense?

Reliance MEX:RS 89 Interest Expense is MXN-3,058 Mil as of Mar. 2026. GuruFocus rates MEX:RS with a GF Score™ of 89/100 and a GF Value™ of MXN4,984.12. The stock has 6 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Reliance's interest expense for the three months ended in Mar. 2026 was MXN -278 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-3,058 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. Reliance's Operating Income for the three months ended in Mar. 2026 was MXN 6,634 Mil. Reliance's Interest Expense for the three months ended in Mar. 2026 was MXN -278 Mil. Reliance's Interest Coverage for the quarter that ended in Mar. 2026 was 23.89. 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.

Reliance (MEX:RS) 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.

Reliance's Interest Expense for the three months ended in Mar. 2026 was MXN-278 Mil. Its Operating Income for the three months ended in Mar. 2026 was MXN6,634 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was MXN35,340 Mil.

Reliance's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2026 )	/	Interest Expense (Q: Mar. 2026 )
	=	-1	*	6634.23	/	-277.704
	=	23.89

* 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.

Reliance Interest Expense Historical Data

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The historical data trend for Reliance's Interest Expense can be seen below:

Reliance Interest Expense Chart

Reliance Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Interest Expense

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-3,040.18

-3,000.43

-2,350.93

-2,999.05

-2,970.94

Reliance Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Interest Expense	Get a 7-Day Free Trial															-235.27	-269.26	-264.16	-2,247.11	-277.70

89GF Score

Reliance Inc MEX:RS

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

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Reliance 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-3,058 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of MXN-3,058 Mil mean?

Reliance (MEX:RS) has a Interest Expense of MXN-3,058 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Reliance and its competitors.

Is Reliance's Interest Expense too high?

Reliance's current Interest Expense is MXN-3,058 Mil. Overall, Reliance has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.

How does Reliance's Interest Expense compare to TX and CLF?

Reliance's Interest Expense of MXN-3,058 Mil can be compared against companies in the Steel 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 Steel company?

A good Interest Expense depends on the Steel 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 Reliance and its competitors. Reliance's current Interest Expense is MXN-3,058 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Reliance stock overvalued right now?

Reliance (MEX:RS) has a current Interest Expense of MXN-3,058 Mil. The stock's GF Value™ is MXN4,984.12, compared to a current price of MXN5,529.80 — trading 10.9% above its estimated fair value. The current Interest Expense is MXN-3,058 Mil. Reliance's overall GF Score™ is 89/100 with 6 warning signs to review. 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 Reliance (MEX:RS), the current Interest Expense is MXN-3,058 Mil as of Mar. 2026. 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.

Is Reliance (MEX:RS) Overvalued in 2026?

Based on GuruFocus' analysis, Reliance stock appears to be overvalued. The current stock price of MXN5,529.80 is trading 10.9% above its estimated GF Value™ of MXN4,984.12.

Key valuation signals for MEX:RS:

Interest Expense: MXN-3,058 Mil
GF Value™: MXN4,984.12 vs. price of MXN5,529.80 (10.9% above fair value)
GF Score™: 89/100 with 6 warning signs

No single metric tells the full story. See the MEX:RS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Reliance Business Description

Industry Basic Materials Steel

Comparable Companies TX CLF STLD WS NWPX MTUS MSB FRD INHD LUD NUE XAMS:MT BOM:500228 NSE:TATASTEEL TSE:5401 SHSE:600019 XKRX:005490 SHSE:600010 BOM:532286 ASX:BSL

Other Exchanges RS:USA RS6:Germany

Address 735 North 19th Avenue, Phoenix, AZ, USA, 85009

Website https://www.reliance.com

Reliance Inc operates a network of companies providing diversified metal solutions and is the metals service center company. It distributes a full line of over 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium and other specialty steel products. The company services more than 125,000 customers in a variety of industries, including consumer products, general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, industrial machinery and heavy industry. It also services the auto industry, through its toll processing operations where it processes customer-owned metal for a fee.

89GF Score

Get the complete analysis for MEX:RS

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN5,529.80

Price

MXN4,984.12

GF Value

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