Saif Power (KAR:SPWL) Interest Expense : ₨-1,947 Mil (TTM As of Mar. 2024)

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What is Saif Power Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Saif Power's interest expense for the three months ended in Mar. 2024 was ₨ -431 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₨-1,947 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. Saif Power's Operating Income for the three months ended in Mar. 2024 was ₨ 394 Mil. Saif Power's Interest Expense for the three months ended in Mar. 2024 was ₨ -431 Mil. Saif Power's Interest Coverage for the quarter that ended in Mar. 2024 was 0.91. 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.

Saif Power Interest Expense Historical Data

The historical data trend for Saif Power'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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Saif Power Interest Expense Chart

Saif Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1,106.71

-703.87

-638.12

-974.88

-2,093.53

Saif Power 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															-577.88	-639.29	-609.32	-267.04	-431.48

Saif Power 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 ₨-1,947 Mil.

Saif Power (KAR:SPWL) 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.

Saif Power's Interest Expense for the three months ended in Mar. 2024 was ₨-431 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₨394 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₨12 Mil.

Saif Power'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	*	394.041	/	-431.484
	=	0.91

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

Saif Power (KAR:SPWL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Saif Power Ltd (KAR:SPWL) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Fazal-ul-Haq Road, Block E, 1st Floor, Kashmir Commercial Complex, Blue Area, Islamabad, PAK

Website

https://www.saifpower.com

Saif Power Ltd is an independent power producer based in Pakistan. The principal activities of the company are to own, operate and maintain a combined cycle power plant and sell the electricity to Central Power Purchasing Agency Guarantee (CPPA-G).

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