Cementos Molins (XMAD:CMO) Interest Expense : €0.0 Mil (TTM As of Jun. 2024)

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What is Cementos Molins Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cementos Molins's interest expense for the six months ended in Jun. 2024 was € 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €0.0 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. Cementos Molins's Operating Income for the six months ended in Jun. 2024 was € 67.3 Mil. Cementos Molins's Interest Expense for the six months ended in Jun. 2024 was € 0.0 Mil. GuruFocus does not calculate Cementos Molins's interest coverage with the available data. 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.

Cementos Molins Interest Expense Historical Data

The historical data trend for Cementos Molins'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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Cementos Molins Interest Expense Chart

Cementos Molins Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-12.66

-16.42

-18.74

-8.67

-5.11

Cementos Molins Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Jun24
Interest Expense	Get a 7-Day Free Trial															-25.12	-9.31	-19.93	-23.38	-

Cementos Molins 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.0 Mil.

Cementos Molins (XMAD:CMO) 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.

Cementos Molins's Interest Expense for the six months ended in Jun. 2024 was €0.0 Mil. Its Operating Income for the six months ended in Jun. 2024 was €67.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €166.9 Mil.

Cementos Molins's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

GuruFocus does not calculate Cementos Molins's interest coverage with the available data.

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

Cementos Molins Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cementos Molins SA (XMAD:CMO) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Calle Espronceda 38, local 3, Madrid, ESP, 28003

Website

http://www.cemolins.es

Cementos Molins SA engages in the manufacturing and selling of gray cement and white cement used for various construction purposes in the civil engineering industry. The group's core business is to manufacture and market its products which include, cement, clinker, concrete, mortars, aggregates, and precast concrete. It caters to markets around the world which include Spain, Argentina, Uruguay, Mexico, Bangladesh, India, Tunisia, China, Bolivia, and Columbia. It generates the majority of its revenues from the sales of its products through in the foreign markets.