Teixeira Duarte (STU:TXC2) Interest Expense : €-49.8 Mil (TTM As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Teixeira Duarte Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Teixeira Duarte's interest expense for the six months ended in Dec. 2023 was € -26.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-49.8 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. Teixeira Duarte's Operating Income for the six months ended in Dec. 2023 was € 27.8 Mil. Teixeira Duarte's Interest Expense for the six months ended in Dec. 2023 was € -26.8 Mil. Teixeira Duarte's Interest Coverage for the quarter that ended in Dec. 2023 was 1.04. 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.

Teixeira Duarte Interest Expense Historical Data

The historical data trend for Teixeira Duarte'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.

Teixeira Duarte Interest Expense Chart

Teixeira Duarte Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-24.82

-23.20

-20.02

-31.08

-49.83

Teixeira Duarte Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-11.41	-12.63	-18.45	-22.99	-26.83

Teixeira Duarte 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 semi-annually data reported by the company within the most recent 12 months, which was €-49.8 Mil.

Teixeira Duarte (STU:TXC2) 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.

Teixeira Duarte's Interest Expense for the six months ended in Dec. 2023 was €-26.8 Mil. Its Operating Income for the six months ended in Dec. 2023 was €27.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €522.7 Mil.

Teixeira Duarte's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	27.819	/	-26.832
	=	1.04

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Teixeira Duarte SAs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Teixeira Duarte (STU:TXC2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Teixeira Duarte SA (STU:TXC2) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

TDSA:Portugal

Address

Lagoas Park, Edificio 2, Porto Salvo, Oeiras, PRT, 2740-265

Website

https://www.teixeiraduarte.pt

Teixeira Duarte SA is engaged in the business of the undertaking and management of investments, the coordination and supervision of other companies included in or related to its corporate group, operating in areas of strategic and organizational planning as well as the provision of administrative, and management, consulting, operational assistance in terms of human resources, technical and financial services in which the company has the stake. The firm has in construction, concessions and services, real estate, hospitality, distribution and automotive business sectors. The company operates in Portugal, Angola, Algeria, Brazil, Spain, France, Morocco, Mozambique, and Venezuela.

Teixeira Duarte (STU:TXC2) Headlines

No Headlines