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Aluar Aluminio ArgentinoIC (BUE:ALUA) Interest Expense : ARS-46,182 Mil (TTM As of Mar. 2024)


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What is Aluar Aluminio ArgentinoIC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aluar Aluminio ArgentinoIC's interest expense for the three months ended in Mar. 2024 was ARS 98,551 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ARS-46,182 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. Aluar Aluminio ArgentinoIC's Operating Income for the three months ended in Mar. 2024 was ARS 57,369 Mil. Aluar Aluminio ArgentinoIC's Interest Expense for the three months ended in Mar. 2024 was ARS 98,551 Mil. Aluar Aluminio ArgentinoIC 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.


Aluar Aluminio ArgentinoIC Interest Expense Historical Data

The historical data trend for Aluar Aluminio ArgentinoIC'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.

Aluar Aluminio ArgentinoIC Interest Expense Chart

Aluar Aluminio ArgentinoIC Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,970.87 -3,664.66 -1,986.52 -8,658.99 -5,084.40

Aluar Aluminio ArgentinoIC 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 -3,495.99 4,873.79 -4,403.44 -145,202.81 98,550.54

Aluar Aluminio ArgentinoIC 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 ARS-46,182 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.


Aluar Aluminio ArgentinoIC  (BUE:ALUA) 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.

Aluar Aluminio ArgentinoIC's Interest Expense for the three months ended in Mar. 2024 was ARS98,551 Mil. Its Operating Income for the three months ended in Mar. 2024 was ARS57,369 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ARS0 Mil.

Aluar Aluminio ArgentinoIC's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

* 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.


Aluar Aluminio ArgentinoIC (BUE:ALUA) Business Description

Traded in Other Exchanges
N/A
Address
Marcelo Torcuato de Alvear 590, 3rd Floor, Buenos Aires, ARG, 1058
Aluar Aluminio Argentino SAIC is an Argentina based company engaged in manufacturing aluminum and aluminum products. It is used for aerospace, electrical component, construction, and transportation industries. The company offers rolling and alloy ingots, extrusion billets, rods, beams and zinc sows, among others. It also offers integrated solutions for engineering, manufacturing, construction, assembly and industrial services projects.

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