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Compagnie Immobiliere Limitee (XMAU:CIMO) Interest Expense : MUR-8.11 Mil (TTM As of Sep. 2023)


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What is Compagnie Immobiliere Limitee Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Compagnie Immobiliere Limitee's interest expense for the three months ended in Sep. 2023 was MUR -8.11 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was MUR-8.11 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. Compagnie Immobiliere Limitee's Operating Income for the three months ended in Sep. 2023 was MUR 22.99 Mil. Compagnie Immobiliere Limitee's Interest Expense for the three months ended in Sep. 2023 was MUR -8.11 Mil. Compagnie Immobiliere Limitee's Interest Coverage for the quarter that ended in Sep. 2023 was 2.84. 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.


Compagnie Immobiliere Limitee Interest Expense Historical Data

The historical data trend for Compagnie Immobiliere Limitee'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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Compagnie Immobiliere Limitee Interest Expense Chart

Compagnie Immobiliere Limitee Annual Data
Trend Dec20 Dec21 Dec22
Interest Expense
-0.01 -0.33 -4.28

Compagnie Immobiliere Limitee Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Jun23 Sep23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.34 -0.42 - - -8.11

Compagnie Immobiliere Limitee 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was MUR-8.11 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.


Compagnie Immobiliere Limitee  (XMAU:CIMO) 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.

Compagnie Immobiliere Limitee's Interest Expense for the three months ended in Sep. 2023 was MUR-8.11 Mil. Its Operating Income for the three months ended in Sep. 2023 was MUR22.99 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was MUR0.00 Mil.

Compagnie Immobiliere Limitee's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*22.989/-8.107
=2.84

* 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.


Compagnie Immobiliere Limitee (XMAU:CIMO) Business Description

Traded in Other Exchanges
N/A
Address
No. 38, Royal Street, Port Louis, MUS, 11602
Compagnie Immobiliere Limitee is engaged in renting of property.

Compagnie Immobiliere Limitee (XMAU:CIMO) Headlines

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