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Grupo de Inversiones Suramericana (BOG:GRUPOSURA) Interest Expense : COP-1,183,588 Mil (TTM As of Mar. 2024)


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What is Grupo de Inversiones Suramericana Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Grupo de Inversiones Suramericana's interest expense for the three months ended in Mar. 2024 was COP -323,148 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was COP-1,183,588 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. Grupo de Inversiones Suramericana's Operating Income for the three months ended in Mar. 2024 was COP 5,941,300 Mil. Grupo de Inversiones Suramericana's Interest Expense for the three months ended in Mar. 2024 was COP -323,148 Mil. Grupo de Inversiones Suramericana's Interest Coverage for the quarter that ended in Mar. 2024 was 18.39. 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.

Grupo de Inversiones Suramericana Interest Expense Historical Data

The historical data trend for Grupo de Inversiones Suramericana'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.

Grupo de Inversiones Suramericana Interest Expense Chart

Grupo de Inversiones Suramericana 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 -716,162.00 -731,409.00 -742,628.00 -986,102.00 -1,128,275.00

Grupo de Inversiones Suramericana Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -265,584.00 -285,797.00 -262,890.00 -311,753.00 -323,148.00

Grupo de Inversiones Suramericana 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was COP-1,183,588 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.

Grupo de Inversiones Suramericana  (BOG:GRUPOSURA) 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.

Grupo de Inversiones Suramericana's Interest Expense for the three months ended in Mar. 2024 was COP-323,148 Mil. Its EBIT for the three months ended in Mar. 2024 was COP5,941,300 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was COP7,807,308 Mil.

Grupo de Inversiones Suramericana's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* EBIT (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*5941300/-323148
=18.39

* 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.

Grupo de Inversiones Suramericana (BOG:GRUPOSURA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Grupo de Inversiones Suramericana SA (BOG:GRUPOSURA) » Definitions » Interest Expense
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Traded in Other Exchanges
PFGRUPSURA:Columbia
Address
Carrera 43A, Number 5A - 113, Ed. One Plaza, North Tower, El Poblado, Medellin, COL, 05001000
Website
https://www.gruposura.com
Grupo de Inversiones Suramericana SA is a Latin American investment holding company with holdings in Colombian entities. Grupo Sura also holds stakes in companies throughout the Americas, including Chile, Mexico, Peru, Colombia, and Uruguay. The group's investment portfolio is mostly concentrated in the financial, pension, insurance, social security, and complimentary services industries. The company also holds smaller stakes in processed food, cement, and energy companies. Grupo Sura targets companies that emphasize innovation and offer complementary services across its portfolio holdings.

Grupo de Inversiones Suramericana (BOG:GRUPOSURA) Headlines

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