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MOLC (Molino CanuelasCIFIA) Interest Expense : $-44.92 Mil (TTM As of Aug. 2017)


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What is Molino CanuelasCIFIA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Molino CanuelasCIFIA's interest expense for the three months ended in Aug. 2017 was $ -18.27 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2017 was $-44.92 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. Molino CanuelasCIFIA's Operating Income for the three months ended in Aug. 2017 was $ 30.22 Mil. Molino CanuelasCIFIA's Interest Expense for the three months ended in Aug. 2017 was $ -18.27 Mil. Molino CanuelasCIFIA's Interest Coverage for the quarter that ended in Aug. 2017 was 1.65. 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.


Molino CanuelasCIFIA Interest Expense Historical Data

The historical data trend for Molino CanuelasCIFIA'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.

Molino CanuelasCIFIA Interest Expense Chart

Molino CanuelasCIFIA Annual Data
Trend Nov13 Nov14 Nov15 Nov16
Interest Expense
- -56.92 -69.63 -70.91

Molino CanuelasCIFIA Quarterly Data
Nov14 Nov15 May16 Aug16 Nov16 May17 Aug17
Interest Expense Get a 7-Day Free Trial -14.47 -26.54 -15.05 -11.61 -18.27

Molino CanuelasCIFIA 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 Aug. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-44.92 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.


Molino CanuelasCIFIA  (NYSE:MOLC) 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.

Molino CanuelasCIFIA's Interest Expense for the three months ended in Aug. 2017 was $-18.27 Mil. Its Operating Income for the three months ended in Aug. 2017 was $30.22 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Aug. 2017 was $632.77 Mil.

Molino CanuelasCIFIA's Interest Coverage for the quarter that ended in Aug. 2017 is calculated as

Interest Coverage=-1* Operating Income (Q: Aug. 2017 )/Interest Expense (Q: Aug. 2017 )
=-1*30.22/-18.267
=1.65

* 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.


Molino CanuelasCIFIA Business Description

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