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Pak Leather Crafts (KAR:PAKL) Interest Expense : ₨ Mil (TTM As of . 20)


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What is Pak Leather Crafts Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pak Leather Crafts's interest expense for the three months ended in . 20 was ₨ 0.00 Mil. Pak Leather Crafts does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Pak Leather Crafts's Operating Income for the three months ended in . 20 was ₨ 0.00 Mil. Pak Leather Crafts's Interest Expense for the three months ended in . 20 was ₨ 0.00 Mil. Pak Leather Crafts 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.


Pak Leather Crafts Interest Expense Historical Data

The historical data trend for Pak Leather Crafts'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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Pak Leather Crafts Interest Expense Chart

Pak Leather Crafts Annual Data
Trend
Interest Expense

Pak Leather Crafts Quarterly Data
Interest Expense

Pak Leather Crafts Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


Pak Leather Crafts  (KAR:PAKL) 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.

Pak Leather Crafts's Interest Expense for the three months ended in . 20 was ₨0.00 Mil. Its Operating Income for the three months ended in . 20 was ₨0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in . 20 was ₨0.00 Mil.

Pak Leather Crafts's Interest Coverage for the quarter that ended in . 20 is calculated as

Pak Leather Crafts had no long-term debt (1).

* 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.


Pak Leather Crafts (KAR:PAKL) Business Description

Traded in Other Exchanges
N/A
Address
Korangi Industrial Area, Plot-18, Sector 7-A, Karachi, PB, PAK
Pak Leather Crafts Ltd is engaged in tanning, manufacturing, and export of leather and leather garments. The leather is produced in several articles and colors in lamb, goat, cow, and buffalo skins at the company's tannery. The leather produced by the company is suitable for garments, shoes, gloves, and bags.

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