Holcim Ecuador (QUI:HLE) Interest Expense : $-2.6 Mil (TTM As of Dec. 2024)

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What is Holcim Ecuador Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Holcim Ecuador's interest expense for the six months ended in Dec. 2024 was $ -2.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-2.6 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. Holcim Ecuador's Operating Income for the six months ended in Dec. 2024 was $ 77.7 Mil. Holcim Ecuador's Interest Expense for the six months ended in Dec. 2024 was $ -2.6 Mil. Holcim Ecuador's Interest Coverage for the quarter that ended in Dec. 2024 was 30.45. 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.

Holcim Ecuador Interest Expense Historical Data

The historical data trend for Holcim Ecuador'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.

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Holcim Ecuador Interest Expense Chart

Holcim Ecuador Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-5.11

-5.77

-0.96

-1.15

-2.55

Holcim Ecuador Semi-Annual Data
	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23	Dec24
Interest Expense	Get a 7-Day Free Trial								-5.11	-5.77	-0.96	-1.15	-2.55

Holcim Ecuador Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-2.6 Mil.

Holcim Ecuador (QUI:HLE) 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.

Holcim Ecuador's Interest Expense for the six months ended in Dec. 2024 was $-2.6 Mil. Its Operating Income for the six months ended in Dec. 2024 was $77.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was $1.4 Mil.

Holcim Ecuador'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	*	77.672	/	-2.551
	=	30.45

The higher the ratio, the stronger the company's financial strength is.

Holcim Ecuador Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Holcim Ecuador SA (QUI:HLE) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Barcelona Avenue, San Eduardo I Urbanization, El Caiman Building, 2nd Floor, Guayaquil, ECU

Website

https://www.holcim.com.ec

Holcim Ecuador SA is an Ecuador-based company engaged in the manufacturing and production of clinker, cement, and concrete. The company offers products and services for road development, buildings, infrastructure, developments and residences, and agro-industrial solutions.

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