Thai Energy Storage Technology PCL (BKK:3K-BAT) Interest Expense : ฿-17 Mil (TTM As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Thai Energy Storage Technology PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Thai Energy Storage Technology PCL's interest expense for the three months ended in Dec. 2023 was ฿ -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ฿-17 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. Thai Energy Storage Technology PCL's Operating Income for the three months ended in Dec. 2023 was ฿ 8 Mil. Thai Energy Storage Technology PCL's Interest Expense for the three months ended in Dec. 2023 was ฿ -4 Mil. Thai Energy Storage Technology PCL's Interest Coverage for the quarter that ended in Dec. 2023 was 2.25. 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.

Thai Energy Storage Technology PCL Interest Expense Historical Data

The historical data trend for Thai Energy Storage Technology PCL'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.

Thai Energy Storage Technology PCL Interest Expense Chart

Thai Energy Storage Technology PCL Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Mar23

Interest Expense

-22.53

-30.27

-13.22

-10.69

-16.63

Thai Energy Storage Technology PCL Quarterly Data
	Dec18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial														-3.98	-3.86	-4.73	-4.26	-3.74

Thai Energy Storage Technology PCL 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 quarterly data reported by the company within the most recent 12 months, which was ฿-17 Mil.

Thai Energy Storage Technology PCL (BKK:3K-BAT) 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.

Thai Energy Storage Technology PCL's Interest Expense for the three months ended in Dec. 2023 was ฿-4 Mil. Its Operating Income for the three months ended in Dec. 2023 was ฿8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ฿294 Mil.

Thai Energy Storage Technology PCL'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	*	8.406	/	-3.737
	=	2.25

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

Thai Energy Storage Technology PCL (BKK:3K-BAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Thai Energy Storage Technology PCL (BKK:3K-BAT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

387 Moo 4, Sukhumvit Road, Mueang Samut Prakan District, Praekasa Sub-District, Samut Prakan, THA, 10280

Website

https://www.3kbattery.com

Thai Energy Storage Technology PCL is engaged in the manufacturing of batteries. It provides Automotive batteries, Motorcycle Battery, Traction Battery, ED Battery, and Lighting batteries among other products. The company's operations are carried on only in Thailand, with an international customer base.

Thai Energy Storage Technology PCL (BKK:3K-BAT) Headlines

No Headlines