Codere (XMAD:CDR) Interest Expense : €-123.0 Mil (TTM As of Jun. 2021)

View and export this data going back to 2007. Start your Free Trial

What is Codere Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Codere's interest expense for the three months ended in Jun. 2021 was € -34.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2021 was €-123.0 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. Codere's Operating Income for the three months ended in Jun. 2021 was € -26.7 Mil. Codere's Interest Expense for the three months ended in Jun. 2021 was € -34.6 Mil. Codere 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.

Codere Interest Expense Historical Data

The historical data trend for Codere'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.

Codere Interest Expense Chart

Codere Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Interest Expense

Get a 7-Day Free Trial

-1,186.66

-79.78

-74.79

-108.13

-104.55

Codere Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Interest Expense	Get a 7-Day Free Trial															-26.33	-24.98	-27.61	-35.75	-34.64

Codere 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 Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was €-123.0 Mil.

Codere (XMAD:CDR) 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.

Codere's Interest Expense for the three months ended in Jun. 2021 was €-34.6 Mil. Its Operating Income for the three months ended in Jun. 2021 was €-26.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2021 was €1,294.4 Mil.

Codere's Interest Coverage for the quarter that ended in Jun. 2021 is calculated as

Codere did not have earnings to cover the interest expense.

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

Codere (XMAD:CDR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Codere SA (XMAD:CDR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avda. de Bruselas 26, Alcobendas, ESP, 28108

Website

http://www.codere.com

Codere SA is a Spain-based gaming company. It is mainly engaged in business activities in the private gaming industry, consisting primarily of the operation of amusement and slot machines, sports betting, bingo halls, casinos, and racetracks. The company has a presence in Spain, Italy, Argentina, Brazil, Colombia, Mexico, Panama, and Uruguay.