Pakistan Oilfields (KAR:POL) Interest Expense : ₨-4,951 Mil (TTM As of Mar. 2024)

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What is Pakistan Oilfields Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pakistan Oilfields's interest expense for the three months ended in Mar. 2024 was ₨ -1,000 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₨-4,951 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. Pakistan Oilfields's Operating Income for the three months ended in Mar. 2024 was ₨ 10,529 Mil. Pakistan Oilfields's Interest Expense for the three months ended in Mar. 2024 was ₨ -1,000 Mil. Pakistan Oilfields's Interest Coverage for the quarter that ended in Mar. 2024 was 10.53. 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.

Pakistan Oilfields Interest Expense Historical Data

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

Pakistan Oilfields Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-754.92

-1,594.93

-1,123.96

-1,258.35

-2,613.72

Pakistan Oilfields 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															-220.43	-1,952.42	-1,099.57	-899.64	-999.60

Pakistan Oilfields 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 ₨-4,951 Mil.

Pakistan Oilfields (KAR:POL) 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.

Pakistan Oilfields's Interest Expense for the three months ended in Mar. 2024 was ₨-1,000 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₨10,529 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₨0 Mil.

Pakistan Oilfields'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	*	10528.807	/	-999.601
	=	10.53

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

Pakistan Oilfields (KAR:POL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pakistan Oilfields Ltd (KAR:POL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O.L. House, Morgah, Rawalpindi, PB, PAK

Website

https://www.pakoil.com.pk

Pakistan Oilfields Ltd (POL) is principally engaged in the exploration, drilling, and production of crude oil and gas. It also manufactures LPG (Liquified Petrolium Gas), solvent oil and sulphur. It markets LPG under its own brand named POLGAS as well as through its subsidiary. The company generates the highest revenues from the sale of crude oil.

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