Agro Industrial Paramonga (LIM:PARAMOC1) Interest Expense : S/.-14.0 Mil (TTM As of Mar. 2024)

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What is Agro Industrial Paramonga Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Agro Industrial Paramonga's interest expense for the three months ended in Mar. 2024 was S/. -4.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was S/.-14.0 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. Agro Industrial Paramonga's Operating Income for the three months ended in Mar. 2024 was S/. 10.9 Mil. Agro Industrial Paramonga's Interest Expense for the three months ended in Mar. 2024 was S/. -4.2 Mil. Agro Industrial Paramonga's Interest Coverage for the quarter that ended in Mar. 2024 was 2.59. 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.

Agro Industrial Paramonga Interest Expense Historical Data

The historical data trend for Agro Industrial Paramonga'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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Agro Industrial Paramonga Interest Expense Chart

Agro Industrial Paramonga Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-8.17

-10.31

-13.47

-27.35

-28.08

Agro Industrial Paramonga Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial															-16.37	-3.94	-5.27	-4.49	-4.20

Agro Industrial Paramonga 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 S/.-14.0 Mil.

Agro Industrial Paramonga (LIM:PARAMOC1) 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.

Agro Industrial Paramonga's Interest Expense for the three months ended in Mar. 2024 was S/.-4.2 Mil. Its Operating Income for the three months ended in Mar. 2024 was S/.10.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was S/.2.8 Mil.

Agro Industrial Paramonga'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	*	10.864	/	-4.199
	=	2.59

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

Agro Industrial Paramonga (LIM:PARAMOC1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Agro Industrial Paramonga SA (LIM:PARAMOC1) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Av. Siete No. 229 Urb. La Rinconada Baja, La Molina, Lima, PER

Website

http://www.agroparamonga.com

Agro Industrial Paramonga SAA is engaged in the production of cane sugar and other related businesses. The company's products include Sugar, Rectified Ethyl Alcohol, Industrial Alcohol, Molasses and Bagasse.

Agro Industrial Paramonga (LIM:PARAMOC1) Headlines

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