Tipco Asphalt PCL (BKK:TASCO) Interest Expense : ฿-143 Mil (TTM As of Dec. 2023)

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What is Tipco Asphalt PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tipco Asphalt PCL's interest expense for the three months ended in Dec. 2023 was ฿ -38 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ฿-143 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. Tipco Asphalt PCL's Operating Income for the three months ended in Dec. 2023 was ฿ 269 Mil. Tipco Asphalt PCL's Interest Expense for the three months ended in Dec. 2023 was ฿ -38 Mil. Tipco Asphalt PCL's Interest Coverage for the quarter that ended in Dec. 2023 was 7.14. 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.

Tipco Asphalt PCL Interest Expense Historical Data

The historical data trend for Tipco Asphalt PCL'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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Tipco Asphalt PCL Interest Expense Chart

Tipco Asphalt PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-204.13

-130.87

-118.12

-113.22

-142.97

Tipco Asphalt PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-35.76	-30.76	-36.14	-38.38	-37.69

Tipco Asphalt PCL 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-143 Mil.

Tipco Asphalt PCL (BKK:TASCO) 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.

Tipco Asphalt PCL's Interest Expense for the three months ended in Dec. 2023 was ฿-38 Mil. Its Operating Income for the three months ended in Dec. 2023 was ฿269 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ฿328 Mil.

Tipco Asphalt PCL's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	269.116	/	-37.686
	=	7.14

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

Tipco Asphalt PCL (BKK:TASCO) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Tipco Asphalt PCL (BKK:TASCO) » Definitions » Interest Expense

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TASCO-F:Thailand

Address

118/1 Rama 6 Road, Phayathai Sub district, Phayathai District, Bangkok, THA, 10400

Website

https://www.tipcoasphalt.com

Tipco Asphalt PCL operates in two segment based on types of products and services. The Group conducts manufacturing and trading of asphalt, petroleum oil products and asphalt concrete in both domestic and overseas markets. Whereas, the marine logistic business complements the manufacturing and trading of asphalt and petroleum oil products. The Group conducts construction service related to highway construction and road rehabilitation in Thailand. The company operates in Thailand and Overseas, majority of its revenue being from Overseas. The company generates majority revenue from Manufacturing and trading segment.

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