GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Esfahans Mobarakeh Steel Co (XTEH:FOLD1) » Definitions » Interest Expense

Esfahans Mobarakeh Steel Co (XTEH:FOLD1) Interest Expense : IRR-8,862,493 Mil (TTM As of Mar. 2015)


View and export this data going back to 2006. Start your Free Trial

What is Esfahans Mobarakeh Steel Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Esfahans Mobarakeh Steel Co's interest expense for the six months ended in Mar. 2015 was IRR -8,862,493 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2015 was IRR-8,862,493 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. Esfahans Mobarakeh Steel Co's Operating Income for the six months ended in Mar. 2015 was IRR 27,332,346 Mil. Esfahans Mobarakeh Steel Co's Interest Expense for the six months ended in Mar. 2015 was IRR -8,862,493 Mil. Esfahans Mobarakeh Steel Co's Interest Coverage for the quarter that ended in Mar. 2015 was 3.08. 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.


Esfahans Mobarakeh Steel Co Interest Expense Historical Data

The historical data trend for Esfahans Mobarakeh Steel Co'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.

Esfahans Mobarakeh Steel Co Interest Expense Chart

Esfahans Mobarakeh Steel Co Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15
Interest Expense
-930,028.00 -2,287,570.00 -4,165,170.00 -6,388,144.00 -8,862,493.00

Esfahans Mobarakeh Steel Co Semi-Annual Data
Mar11 Mar12 Mar13 Mar14 Mar15
Interest Expense -930,028.00 -2,287,570.00 -4,165,170.00 -6,388,144.00 -8,862,493.00

Esfahans Mobarakeh Steel Co Interest Expense Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Mar. 2015 was IRR-8,862,493 Mil.

* 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.


Esfahans Mobarakeh Steel Co  (XTEH:FOLD1) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Esfahans Mobarakeh Steel Co's Interest Expense for the six months ended in Mar. 2015 was IRR-8,862,493 Mil. Its Operating Income for the six months ended in Mar. 2015 was IRR27,332,346 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2015 was IRR5,261,391 Mil.

Esfahans Mobarakeh Steel Co's Interest Coverage for the quarter that ended in Mar. 2015 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2015 )/Interest Expense (Q: Mar. 2015 )
=-1*27332346/-8862493
=3.08

* 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.

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


Esfahans Mobarakeh Steel Co (XTEH:FOLD1) Business Description

Traded in Other Exchanges
N/A
Address
Sa'adat Abad Street, P.O.BOX: 161-84815, Azadi Square, Esfahan, IRN, 11131-84881
Esfahans Mobarakeh Steel Co is an Iran-based company engaged in producing steel in the Middle East and Northern Africa. Its products include hot rolled products, cold rolled products, coated products including galvanized, tinned and pre-painted products. The company's products are used in various industries, such as automotive, construction, household appliances, and packaging. It also exports its products to Belgium, France, Italy, Spain, Qatar, Saudi Arabia, the United Arab Emirates, Kuwait, Iraq, Oman, Jordan, Armenia, and Georgia.

Esfahans Mobarakeh Steel Co (XTEH:FOLD1) Headlines

No Headlines