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Corporacion Mexicana de RestaurantesB de CV (Corporacion Mexicana de RestaurantesB de CV) Interest Expense : $-9.97 Mil (TTM As of Sep. 2020)


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What is Corporacion Mexicana de RestaurantesB de CV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Corporacion Mexicana de RestaurantesB de CV's interest expense for the three months ended in Sep. 2020 was $ -2.49 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2020 was $-9.97 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. Corporacion Mexicana de RestaurantesB de CV's Operating Income for the three months ended in Sep. 2020 was $ -8.80 Mil. Corporacion Mexicana de RestaurantesB de CV's Interest Expense for the three months ended in Sep. 2020 was $ -2.49 Mil. Corporacion Mexicana de RestaurantesB 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.


Corporacion Mexicana de RestaurantesB de CV Interest Expense Historical Data

The historical data trend for Corporacion Mexicana de RestaurantesB 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.

Corporacion Mexicana de RestaurantesB de CV Interest Expense Chart

Corporacion Mexicana de RestaurantesB de CV Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.45 -1.52 -2.95 -3.56 -9.29

Corporacion Mexicana de RestaurantesB de CV Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 -2.27 -2.49 -2.61 -2.38 -2.49

Corporacion Mexicana de RestaurantesB 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 Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9.97 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.


Corporacion Mexicana de RestaurantesB de CV  (GREY:MXRTF) 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.

Corporacion Mexicana de RestaurantesB de CV's Interest Expense for the three months ended in Sep. 2020 was $-2.49 Mil. Its Operating Income for the three months ended in Sep. 2020 was $-8.80 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2020 was $69.32 Mil.

Corporacion Mexicana de RestaurantesB de CV's Interest Coverage for the quarter that ended in Sep. 2020 is calculated as

Corporacion Mexicana de RestaurantesB 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.


Corporacion Mexicana de RestaurantesB de CV (Corporacion Mexicana de RestaurantesB de CV) Business Description

Traded in Other Exchanges
N/A
Address
Lago Hielmar No 44, Col. Anahuac, Del Miguel Hidalgo, MEX, 11320
Corporacion Mexicana de Restaurantes SAB de CV is engaged in casual dining. The company operates more than 100 restaurants throughout Mexico.

Corporacion Mexicana de RestaurantesB de CV (Corporacion Mexicana de RestaurantesB de CV) Headlines

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