Holcim Philippines (Holcim Philippines) Interest Expense : $-2.6 Mil (TTM As of Sep. 2023)

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What is Holcim Philippines Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Holcim Philippines's interest expense for the three months ended in Sep. 2023 was $ -0.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-2.6 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. Holcim Philippines's Operating Income for the three months ended in Sep. 2023 was $ 3.5 Mil. Holcim Philippines's Interest Expense for the three months ended in Sep. 2023 was $ -0.4 Mil. Holcim Philippines's Interest Coverage for the quarter that ended in Sep. 2023 was 7.94. 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.

Holcim Philippines Interest Expense Historical Data

The historical data trend for Holcim Philippines'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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Holcim Philippines Interest Expense Chart

Holcim Philippines Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-5.41

-9.69

-5.75

-2.15

-2.27

Holcim Philippines Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial															0.05	-0.88	-0.82	-0.48	-0.44

Holcim Philippines 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.6 Mil.

Holcim Philippines (OTCPK:HCPHY) 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.

Holcim Philippines's Interest Expense for the three months ended in Sep. 2023 was $-0.4 Mil. Its Operating Income for the three months ended in Sep. 2023 was $3.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $20.4 Mil.

Holcim Philippines's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	3.46	/	-0.436
	=	7.94

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

Holcim Philippines (Holcim Philippines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Holcim Philippines Inc (OTCPK:HCPHY) » Definitions » Interest Expense

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Address

7th Floor, Two World Square, McKinley Hill, Fort Bonifacio, Taguig City, PHL, 1634

Website

https://www.holcim.ph

Holcim Philippines Inc is a cement manufacturer. The company manufactures, sells and distributes cement and clinker, along with it also provides aggregates, concrete and construction related services. The company's product line includes xcement, dry mix mortar products, clinker, and ready mix concrete. Its cement brands are Holcim Premium (Type 1 portland cement), Holcim 4X (Type 1 high-performance Portland cement), Holcim Excel (Type 1P blended cement), and Holcim WallRight (Type S Masonry cement). Its assets include four production facilities, one cement grinding mill, five ports, and various storage and distribution points.

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