GPS Participacoes E Empreendimentos (BSP:GGPS3) Interest Expense : R$-585 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is GPS Participacoes E Empreendimentos Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GPS Participacoes E Empreendimentos's interest expense for the three months ended in Mar. 2024 was R$ -112 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was R$-585 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. GPS Participacoes E Empreendimentos's Operating Income for the three months ended in Mar. 2024 was R$ 261 Mil. GPS Participacoes E Empreendimentos's Interest Expense for the three months ended in Mar. 2024 was R$ -112 Mil. GPS Participacoes E Empreendimentos's Interest Coverage for the quarter that ended in Mar. 2024 was 2.33. 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.

GPS Participacoes E Empreendimentos Interest Expense Historical Data

The historical data trend for GPS Participacoes E Empreendimentos'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.

GPS Participacoes E Empreendimentos Interest Expense Chart

GPS Participacoes E Empreendimentos Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-79.45

-74.10

-191.10

-317.77

-572.14

GPS Participacoes E Empreendimentos Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial													-146.44	-180.02	-160.97	-132.21	-111.98

GPS Participacoes E Empreendimentos 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 R$-585 Mil.

GPS Participacoes E Empreendimentos (BSP:GGPS3) 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.

GPS Participacoes E Empreendimentos's Interest Expense for the three months ended in Mar. 2024 was R$-112 Mil. Its Operating Income for the three months ended in Mar. 2024 was R$261 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was R$2,695 Mil.

GPS Participacoes E Empreendimentos's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	261.048	/	-111.975
	=	2.33

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

GPS Participacoes E Empreendimentos (BSP:GGPS3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » GPS Participacoes E Empreendimentos SA (BSP:GGPS3) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Miguel Frias e Vasconcelos, 1215, Jaguare, Sao Paulo, SP, BRA

Website

https://en.gpssa.com.br

GPS Participacoes E Empreendimentos SA is engaged in the provision of property security services, sanitation and cleaning services, indoor logistics services, electronic security services, implementation, operation and building maintenance, maritime hotel services on oil platforms, kitchen services and meal sales, highway maintenance services, and participation in companies through the acquisition of shares or capital quotas.

GPS Participacoes E Empreendimentos (BSP:GGPS3) Headlines

No Headlines