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Western Marine Shipyard (DHA:WMSHIPYARD) Interest Expense : BDT-361.5 Mil (TTM As of Jun. 2023)


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What is Western Marine Shipyard Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Western Marine Shipyard's interest expense for the six months ended in Jun. 2023 was BDT -361.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was BDT-361.5 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. Western Marine Shipyard's Operating Income for the six months ended in Jun. 2023 was BDT 275.8 Mil. Western Marine Shipyard's Interest Expense for the six months ended in Jun. 2023 was BDT -361.5 Mil. Western Marine Shipyard's Interest Coverage for the quarter that ended in Jun. 2023 was 0.76. 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.


Western Marine Shipyard Interest Expense Historical Data

The historical data trend for Western Marine Shipyard'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.

Western Marine Shipyard Interest Expense Chart

Western Marine Shipyard Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -751.85 -778.32 -312.53 -313.19 -361.50

Western Marine Shipyard Semi-Annual Data
Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense Get a 7-Day Free Trial Premium Member Only -751.85 -778.32 -312.53 -313.19 -361.50

Western Marine Shipyard 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 Jun. 2023 was BDT-361.5 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.


Western Marine Shipyard  (DHA:WMSHIPYARD) 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.

Western Marine Shipyard's Interest Expense for the six months ended in Jun. 2023 was BDT-361.5 Mil. Its Operating Income for the six months ended in Jun. 2023 was BDT275.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was BDT20,111.9 Mil.

Western Marine Shipyard's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2023 )/Interest Expense (Q: Jun. 2023 )
=-1*275.827/-361.503
=0.76

* 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.


Western Marine Shipyard (DHA:WMSHIPYARD) Business Description

Traded in Other Exchanges
N/A
Address
1440/A Strand Road, Amin Future Park, 7th Floor, Chittagong, BGD, 4100
Western Marine Shipyard Ltd operates its business in the maritime industry. The company specializes in ship repairing and export of marine supplies. Its other business activities are to establish, build, construct shipyard, dockyard, slipway and to undertake ownership/management of shipyard and dockyard. The company builds different types of ships such as bulk carrier, container, tanker, passenger, petrol vassal, and fishing trawler.

Western Marine Shipyard (DHA:WMSHIPYARD) Headlines

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