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Befesa (XTER:BFSA) Interest Expense : €-39 Mil (TTM As of Sep. 2024)


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What is Befesa Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Befesa's interest expense for the three months ended in Sep. 2024 was € -11 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-39 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. Befesa's Operating Income for the three months ended in Sep. 2024 was € 23 Mil. Befesa's Interest Expense for the three months ended in Sep. 2024 was € -11 Mil. Befesa's Interest Coverage for the quarter that ended in Sep. 2024 was 2.18. 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.

Befesa Interest Expense Historical Data

The historical data trend for Befesa'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.

Befesa Interest Expense Chart

Befesa Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.72 -15.25 -15.36 -22.81 -35.79

Befesa Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -10.22 -8.46 -10.18 -9.97 -10.58

Befesa 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-39 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.

Befesa  (XTER:BFSA) 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.

Befesa's Interest Expense for the three months ended in Sep. 2024 was €-11 Mil. Its Operating Income for the three months ended in Sep. 2024 was €23 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €693 Mil.

Befesa's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*23.073/-10.575
=2.18

* 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.

Befesa Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Befesa SA (XTER:BFSA) » Definitions » Interest Expense
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Traded in Other Exchanges
BFSA:Mexico BFSAd:UK 0RVK:UK BFSA:Austria
Address
68-70, Boulevard de la Petrusse, Grand Duchy of Luxembourg, Luxembourg, LUX, L-2320
Website
https://www.befesa.com
Befesa SA provides sustainable services for the recycling of hazardous residues from the Steel & Aluminium industry. It operates in two business segments: Steel dust recycling services & aluminum salt slags recycling services. In the Steel Dust Recycling segment, the company collects & recycles steel dust and other steel residues generated in the production of crude, stainless, and galvanized steel. The Aluminum Salt Slags recycling services are divided into salt sags & secondary aluminum segments. Its secondary aluminum operations include the collection and recycling of aluminum scrap and other aluminum residues. The geographical segments are Spain, Germany, Netherlands, Belgium, Finland, France, United Kingdom, Italy, & others, out of which the majority is derived from Spain.
Executives
Asier Zarraonandia Ayo Board of Directors
Helmut Wieser Board of Directors
Javier Molina Montes Executive Chair
Natalia Latorre Arranz Board of Directors
Wolf Uwe Lehmann Chief Financial Officer and Member of the Board of Directors
Manuel Soto Serrano Board of Directors
Federico Barredo Ardanza Vice President of Aluminium Salt Slags Recycling Services and Member of the Senior Management

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