B-Act (WAR:BAC) Interest Expense : zł Mil (TTM As of Dec. 2023)

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What is B-Act Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. B-Act's interest expense for the three months ended in Dec. 2023 was zł -0.01 Mil. B-Act does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2023.

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. B-Act's Operating Income for the three months ended in Dec. 2023 was zł 2.48 Mil. B-Act's Interest Expense for the three months ended in Dec. 2023 was zł -0.01 Mil. B-Act's Interest Coverage for the quarter that ended in Dec. 2023 was 190.85. 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.

B-Act Interest Expense Historical Data

The historical data trend for B-Act'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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B-Act Interest Expense Chart

B-Act Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-0.04

-0.07

-0.05

B-Act Quarterly Data
	Dec21	Dec22	Dec23
Interest Expense	-	-0.02	-0.01

B-Act Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

B-Act (WAR:BAC) 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.

B-Act's Interest Expense for the three months ended in Dec. 2023 was zł-0.01 Mil. Its Operating Income for the three months ended in Dec. 2023 was zł2.48 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was zł0.03 Mil.

B-Act'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	*	2.481	/	-0.013
	=	190.85

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. B-Act SA has enough cash to cover all of its debt. Its financial situation is stable.

B-Act (WAR:BAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » B-Act SA (WAR:BAC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

https://www.b-act.com.pl/en/b-act

B-Act SA is an engineering consulting company. The company is engaged in management, consulting, and supervision in the implementation of construction projects in Poland, Romania, Ukraine and the Baltic States. The company provide comprehensive services including representing the investor, technical, economic, financial and legal advice, as well as controlling the course of the investment process with the use of modern IT tools.