Grupa RECYKL (WAR:GRC) Interest Expense : zł-4.7 Mil (TTM As of Mar. 2024)

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What is Grupa RECYKL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Grupa RECYKL's interest expense for the three months ended in Mar. 2024 was zł -1.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was zł-4.7 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. Grupa RECYKL's Operating Income for the three months ended in Mar. 2024 was zł 3.2 Mil. Grupa RECYKL's Interest Expense for the three months ended in Mar. 2024 was zł -1.2 Mil. Grupa RECYKL's Interest Coverage for the quarter that ended in Mar. 2024 was 2.76. 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.

Grupa RECYKL Interest Expense Historical Data

The historical data trend for Grupa RECYKL'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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Grupa RECYKL Interest Expense Chart

Grupa RECYKL Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-1.27

-1.56

-1.33

-2.90

-4.64

Grupa RECYKL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-1.09	-1.12	-1.29	-1.15	-1.16

Grupa RECYKL 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was zł-4.7 Mil.

Grupa RECYKL (WAR:GRC) 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.

Grupa RECYKL's Interest Expense for the three months ended in Mar. 2024 was zł-1.2 Mil. Its Operating Income for the three months ended in Mar. 2024 was zł3.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was zł25.4 Mil.

Grupa RECYKL's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	3.199	/	-1.158
	=	2.76

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

Grupa RECYKL (WAR:GRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Grupa RECYKL SA (WAR:GRC) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Srem Ulica Summer 3, Province Greater, POL, 63-100

Website

http://www.recykl.pl

Grupa RECYKL SA is engaged in waste management services in Poland. The company primarily involved in the recovery and recycling of worn tires. It also provides rubber granulates for burning in cement industries; rubber granulate with fibers and steel cords.