International Meal Co Alimentacao (BSP:MEAL3) Interest Expense : R$-135 Mil (TTM As of Dec. 2023)

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What is International Meal Co Alimentacao Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. International Meal Co Alimentacao's interest expense for the three months ended in Dec. 2023 was R$ -46 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was R$-135 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. International Meal Co Alimentacao's Operating Income for the three months ended in Dec. 2023 was R$ -24 Mil. International Meal Co Alimentacao's Interest Expense for the three months ended in Dec. 2023 was R$ -46 Mil. International Meal Co Alimentacao did not have earnings to cover the interest expense. 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.

International Meal Co Alimentacao Interest Expense Historical Data

The historical data trend for International Meal Co Alimentacao'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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International Meal Co Alimentacao Interest Expense Chart

International Meal Co Alimentacao Annual Data

Trend

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Dec23

Interest Expense

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-68.03

-53.93

-86.26

-128.90

-134.69

International Meal Co Alimentacao Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-41.20	-33.96	-33.46	-21.19	-46.08

International Meal Co Alimentacao 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-135 Mil.

International Meal Co Alimentacao (BSP:MEAL3) 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.

International Meal Co Alimentacao's Interest Expense for the three months ended in Dec. 2023 was R$-46 Mil. Its Operating Income for the three months ended in Dec. 2023 was R$-24 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was R$1,003 Mil.

International Meal Co Alimentacao's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

International Meal Co Alimentacao did not have earnings to cover the interest expense.

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

International Meal Co Alimentacao (BSP:MEAL3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » International Meal Co Alimentacao SA (BSP:MEAL3) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida das Nacoes Unidas, 4.777, 12th Floor, Jardim Universidade Pinheiros, Sao Paulo, SP, BRA, 5477902

Website

http://ri.internationalmealcompany.com

International Meal Co Alimentacao SA is a Brazil-based company principally engaged in the sale of food and beverages to restaurants, snack bars, coffee shops, cafes on motorways, airports, shopping malls, and airline catering services. It also subleases stores and spaces for promotional and commercial purposes in its store chain, upon the sale of fuel, and provides general services related to these segments. The company operates in five segments: Shopping malls, Airports, Highways, the United States of America (USA), and Others. Some of its brands are Viena, Olive Garden, Margaritaville, KFC Brazil, and Pizza Hut Brazil. Its geographical segments are Brazil, The Caribbean, and the USA.

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