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Ingevec (XSGO:INGEVEC) Interest Expense : CLP-3,521 Mil (TTM As of Dec. 2024)


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What is Ingevec Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ingevec's interest expense for the three months ended in Dec. 2024 was CLP -1,002 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was CLP-3,521 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. Ingevec's Operating Income for the three months ended in Dec. 2024 was CLP 7,234 Mil. Ingevec's Interest Expense for the three months ended in Dec. 2024 was CLP -1,002 Mil. Ingevec's Interest Coverage for the quarter that ended in Dec. 2024 was 7.22. 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.


Ingevec Interest Expense Historical Data

The historical data trend for Ingevec'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.

Ingevec Interest Expense Chart

Ingevec Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,402.30 -2,294.97 -3,251.27 -3,784.65 -3,520.58

Ingevec Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -1,108.39 -939.02 -452.20 -1,127.48 -1,001.87

Ingevec 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was CLP-3,521 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.


Ingevec  (XSGO:INGEVEC) 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.

Ingevec's Interest Expense for the three months ended in Dec. 2024 was CLP-1,002 Mil. Its Operating Income for the three months ended in Dec. 2024 was CLP7,234 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was CLP28,357 Mil.

Ingevec's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*7233.922/-1001.873
=7.22

* 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.


Ingevec Business Description

Traded in Other Exchanges
N/A
Address
Cerro El Plomo 5680, 14th Floor, Las Condes, Santiago, CHL, 7560742
Ingevec SA operates in the real estate sector. It develops residential, commercial, and industrial projects and offers professional services and technical advice in engineering, architecture, design, construction, urbanization, and others. The company operates through the following business segments; Engineering and Construction, Real Estate, and Investments and Income. A majority of its revenue is generated from the Engineering and Construction segment which provides construction services to private and public clients, developing residential, warehouse, and commercial building projects. In addition, it participates in the development of public and private infrastructure projects. Geographically, the company operates in Chile, its key revenue generating market, and Peru.

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