Nestle Pakistan (KAR:NESTLE) Interest Expense : ₨-2,581 Mil (TTM As of Mar. 2024)

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What is Nestle Pakistan Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nestle Pakistan's interest expense for the three months ended in Mar. 2024 was ₨ -762 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₨-2,581 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. Nestle Pakistan's Operating Income for the three months ended in Mar. 2024 was ₨ 9,728 Mil. Nestle Pakistan's Interest Expense for the three months ended in Mar. 2024 was ₨ -762 Mil. Nestle Pakistan's Interest Coverage for the quarter that ended in Mar. 2024 was 12.76. 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.

Nestle Pakistan Interest Expense Historical Data

The historical data trend for Nestle Pakistan'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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Nestle Pakistan Interest Expense Chart

Nestle Pakistan Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-3,155.76

-2,782.17

-1,822.79

-2,316.60

-2,432.34

Nestle Pakistan Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-613.28	-752.82	-589.71	-476.52	-762.37

Nestle Pakistan 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨-2,581 Mil.

Nestle Pakistan (KAR:NESTLE) 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.

Nestle Pakistan's Interest Expense for the three months ended in Mar. 2024 was ₨-762 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₨9,728 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₨9,426 Mil.

Nestle Pakistan's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	9728.477	/	-762.372
	=	12.76

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

Nestle Pakistan (KAR:NESTLE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nestle Pakistan Ltd (KAR:NESTLE) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Packages Mall, PO Amer Sidhu, Shahrah-e-Roomi, Lahore, PAK, 54760

Website

https://www.nestle.pk

Nestle Pakistan Ltd is a food and beverage company. The principal activity of the company is the manufacturing, processing, and sale of food products including imported products. The company's operating segments: Dairy and Nutrition Products, Powdered and Liquid Beverages, and Others. It generates maximum revenue from the Dairy and Nutrition Products segment. The company has operational footprints across Pakistan, Afghanistan, and other foreign countries. Its key products are ambient dairy, confectionery, coffee, beverages, infant nutrition, and drinking water. The majority of its revenue is derived from Pakistan.

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