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Cia Logistica de Hidrocarburos CLH (XMAD:CLH.T) Interest Expense : €-10.5 Mil (TTM As of Sep. 2015)


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What is Cia Logistica de Hidrocarburos CLH Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cia Logistica de Hidrocarburos CLH's interest expense for the three months ended in Sep. 2015 was € -2.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2015 was €-10.5 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. Cia Logistica de Hidrocarburos CLH's Operating Income for the three months ended in Sep. 2015 was € 57.1 Mil. Cia Logistica de Hidrocarburos CLH's Interest Expense for the three months ended in Sep. 2015 was € -2.5 Mil. Cia Logistica de Hidrocarburos CLH's Interest Coverage for the quarter that ended in Sep. 2015 was 22.62. 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.


Cia Logistica de Hidrocarburos CLH Interest Expense Historical Data

The historical data trend for Cia Logistica de Hidrocarburos CLH'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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Cia Logistica de Hidrocarburos CLH Interest Expense Chart

Cia Logistica de Hidrocarburos CLH Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Interest Expense
Get a 7-Day Free Trial -12.29 -13.44 -19.53 -17.83 -18.18

Cia Logistica de Hidrocarburos CLH Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Mar15 Jun15 Sep15
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 -4.95 -3.12 -3.20 -4.75 -2.52

Cia Logistica de Hidrocarburos CLH 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. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was €-10.5 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.


Cia Logistica de Hidrocarburos CLH  (XMAD:CLH.T) 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.

Cia Logistica de Hidrocarburos CLH's Interest Expense for the three months ended in Sep. 2015 was €-2.5 Mil. Its Operating Income for the three months ended in Sep. 2015 was €57.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2015 was €0.0 Mil.

Cia Logistica de Hidrocarburos CLH's Interest Coverage for the quarter that ended in Sep. 2015 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2015 )/Interest Expense (Q: Sep. 2015 )
=-1*57.084/-2.524
=22.62

* 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.


Cia Logistica de Hidrocarburos CLH (XMAD:CLH.T) Business Description

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Cia Logistica de Hidrocarburos CLH SA was formed on October 24, 1927. The Company is engaged in the storage, transportation and distribution of oil products in mainland Spain and the Balearic Islands, on behalf of the oil companies that operate in the Spanish market. This activity basically consists of receiving oil products at its facilities - mainly gasolines, diesels, fuel oils, aviation fuels and biofuels - and transporting and storing these products, and final delivery to the company's customers through its tank truck loading facilities. Its segment consists of: the land supplies business segment consists of logistics services comprising storage, transportation and distribution of all kinds of hydrocarbons and chemicals, and their derivatives and waste products, as well as advice and technical assistance in the provision of the services. The air supplies business segment consists of logistics services involving the storage, distribution and serving at airports of all kinds of aircraft fuels and lubricants.

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