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Metalac a.d. , Gornji Milanovac (XBEL:MTLC) Interest Expense : RSD-63 Mil (TTM As of Mar. 2024)


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What is Metalac a.d. , Gornji Milanovac Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Metalac a.d. , Gornji Milanovac's interest expense for the three months ended in Mar. 2024 was RSD -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was RSD-63 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. Metalac a.d. , Gornji Milanovac's Operating Income for the three months ended in Mar. 2024 was RSD -38 Mil. Metalac a.d. , Gornji Milanovac's Interest Expense for the three months ended in Mar. 2024 was RSD -0 Mil. Metalac a.d. , Gornji Milanovac 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.


Metalac a.d. , Gornji Milanovac Interest Expense Historical Data

The historical data trend for Metalac a.d. , Gornji Milanovac'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.

Metalac a.d. , Gornji Milanovac Interest Expense Chart

Metalac a.d. , Gornji Milanovac Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.77 -14.10 -17.69 -37.22 -63.17

Metalac a.d. , Gornji Milanovac Quarterly Data
Mar19 Jun19 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 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 -0.01 -29.30 29.27 -63.13 -0.01

Metalac a.d. , Gornji Milanovac 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 RSD-63 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.


Metalac a.d. , Gornji Milanovac  (XBEL:MTLC) 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.

Metalac a.d. , Gornji Milanovac's Interest Expense for the three months ended in Mar. 2024 was RSD-0 Mil. Its Operating Income for the three months ended in Mar. 2024 was RSD-38 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was RSD1 Mil.

Metalac a.d. , Gornji Milanovac's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Metalac a.d. , Gornji Milanovac 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.


Metalac a.d. , Gornji Milanovac (XBEL:MTLC) Business Description

Traded in Other Exchanges
N/A
Address
Kneza Aleksandra 212, Gornji Milanovac, SRB, 32300
Metalac a.d. , Gornji Milanovac produces and sells enamel, Teflon-coated, aluminum and stainless-steel cookware. It also sells water heaters, transport and luxurious cardboard packing materials, steel products, and others.

Metalac a.d. , Gornji Milanovac (XBEL:MTLC) Headlines

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