Promotora Y Operadora de InfraestructuraB de CV (Promotora Y Operadora de InfraestructuraB de CV) Interest Expense : $-67.3 Mil (TTM As of Mar. 2024)

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What is Promotora Y Operadora de InfraestructuraB de CV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Promotora Y Operadora de InfraestructuraB de CV's interest expense for the three months ended in Mar. 2024 was $ -21.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-67.3 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. Promotora Y Operadora de InfraestructuraB de CV's Operating Income for the three months ended in Mar. 2024 was $ 155.3 Mil. Promotora Y Operadora de InfraestructuraB de CV's Interest Expense for the three months ended in Mar. 2024 was $ -21.8 Mil. Promotora Y Operadora de InfraestructuraB de CV's Interest Coverage for the quarter that ended in Mar. 2024 was 7.12. 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.

Promotora Y Operadora de InfraestructuraB de CV Interest Expense Historical Data

The historical data trend for Promotora Y Operadora de InfraestructuraB de CV'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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Promotora Y Operadora de InfraestructuraB de CV Interest Expense Chart

Promotora Y Operadora de InfraestructuraB de CV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-33.02

-57.61

-71.27

-123.96

-154.81

Promotora Y Operadora de InfraestructuraB de CV 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															-103.11	-22.19	-23.32	-22.17	-21.81

Promotora Y Operadora de InfraestructuraB de CV 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 $-67.3 Mil.

Promotora Y Operadora de InfraestructuraB de CV (OTCPK:PUODY) 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.

Promotora Y Operadora de InfraestructuraB de CV's Interest Expense for the three months ended in Mar. 2024 was $-21.8 Mil. Its Operating Income for the three months ended in Mar. 2024 was $155.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $772.3 Mil.

Promotora Y Operadora de InfraestructuraB de CV'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	*	155.324	/	-21.809
	=	7.12

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

Promotora Y Operadora de InfraestructuraB de CV (Promotora Y Operadora de InfraestructuraB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Promotora Y Operadora de Infraestructura SAB de CV (OTCPK:PUODY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

PYOIF:USA PINFRAL:Mexico PINFRA:Mexico AKY:Germany

Address

Bosque de Cidros No 173, Bosques de las Lomas, Mexico, MEX, 05120

Website

http://www.pinfra.com.mx

Promotora Y Operadora de Infraestructura SAB de CV, or Pinfra, develops and constructs infrastructure projects in Mexico. It completes highways, ports, railways, sewer systems, and other projects related to industrial development. The company holds various concessions from the government to build and then operate structures for several years. The concessions can generate stable revenue, and enhance connectivity within communities. Pinfra has three business segments: concession, construction, and plants. The construction division primarily provides services to its concessions, but has the capability to partner with third parties. Many concessions are fully operational, and the company supplies maintenance and operational support to adhere to requirements.

Promotora Y Operadora de InfraestructuraB de CV (Promotora Y Operadora de InfraestructuraB de CV) Headlines

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