Caribbean Cement Co (XJAM:CCC) Interest Expense : JMD-121 Mil (TTM As of Mar. 2025)

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What is Caribbean Cement Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Caribbean Cement Co's interest expense for the three months ended in Mar. 2025 was JMD -37 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was JMD-121 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. Caribbean Cement Co's Operating Income for the three months ended in Mar. 2025 was JMD 2,956 Mil. Caribbean Cement Co's Interest Expense for the three months ended in Mar. 2025 was JMD -37 Mil. Caribbean Cement Co's Interest Coverage for the quarter that ended in Mar. 2025 was 79.19. 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.

Caribbean Cement Co Interest Expense Historical Data

The historical data trend for Caribbean Cement 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.

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Caribbean Cement Co Interest Expense Chart

Caribbean Cement Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-811.76

-670.90

-546.39

-159.79

-115.78

Caribbean Cement Co Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Expense	Get a 7-Day Free Trial														-31.71	-22.74	-39.20	-22.13	-37.32

Caribbean Cement Co 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was JMD-121 Mil.

Caribbean Cement Co (XJAM:CCC) 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.

Caribbean Cement Co's Interest Expense for the three months ended in Mar. 2025 was JMD-37 Mil. Its Operating Income for the three months ended in Mar. 2025 was JMD2,956 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was JMD75 Mil.

Caribbean Cement Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	2955.606	/	-37.324
	=	79.19

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. Caribbean Cement Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Caribbean Cement Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Caribbean Cement Co Ltd (XJAM:CCC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

Rockfort, Kingston, JAM

Website

https://www.caribcement.com

Caribbean Cement Co Ltd is engaged in the manufacture and sale of cement, clinker, and the mining and sale of gypsum, shale, and pozzolan. It manufactures Portland cement in Jamaica. The Company's products include Carib Cement Plus, Carib Cement OPC provided in regular bags, jumbo bags, and bulk.

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