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Sahaviriya Steel Industries (BKK:SSI-R) Interest Expense : ฿-5.51 Mil (TTM As of Dec. 2019)


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What is Sahaviriya Steel Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sahaviriya Steel Industries's interest expense for the six months ended in Dec. 2019 was ฿ 394.86 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2019 was ฿-5.51 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. Sahaviriya Steel Industries's Operating Income for the six months ended in Dec. 2019 was ฿ -2,102.09 Mil. Sahaviriya Steel Industries's Interest Expense for the six months ended in Dec. 2019 was ฿ 394.86 Mil. Sahaviriya Steel Industries did not have earnings to cover the interest expense. 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.


Sahaviriya Steel Industries Interest Expense Historical Data

The historical data trend for Sahaviriya Steel Industries'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.

Sahaviriya Steel Industries Interest Expense Chart

Sahaviriya Steel Industries Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,505.73 -4,323.81 -1,034.74 -9.20 -5.51

Sahaviriya Steel Industries Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -510.00 -460.77 451.58 -400.37 394.86

Sahaviriya Steel Industries 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. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was ฿-5.51 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.


Sahaviriya Steel Industries  (BKK:SSI-R) 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.

Sahaviriya Steel Industries's Interest Expense for the six months ended in Dec. 2019 was ฿394.86 Mil. Its Operating Income for the six months ended in Dec. 2019 was ฿-2,102.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2019 was ฿1.80 Mil.

Sahaviriya Steel Industries's Interest Coverage for the quarter that ended in Dec. 2019 is calculated as

* 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.


Sahaviriya Steel Industries (BKK:SSI-R) Business Description

Traded in Other Exchanges
N/A
Address
2nd - 3rd Floor, Surasak Road, 28/1 Prapawit Building, Kwang Silom, Khet Bangrak, Bangkok, THA, 10500
Sahaviriya Steel Industries PLC is a producer of hot-rolled steel sheet coils in Southeast Asia. The company's reportable segments consist of Manufacture of hot-rolled coils, Maintenance services, and Deep-sea port services. Its product includes hot-rolled steel sheet in coils and hot-rolled steel sheet pickled and oiled which is used as raw material for industries such as construction, pipe, and tube, gas cylinder, container, furniture, automotive, and cold rolled steel. In addition, it also supplies steel sheets to various sectors such as automobile, energy, transportation and construction sectors.

Sahaviriya Steel Industries (BKK:SSI-R) Headlines

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