CVO Petrochemical Refinery (DHA:CVOPRL) Interest Expense : BDT-19.8 Mil (TTM As of Dec. 2023)

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What is CVO Petrochemical Refinery Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CVO Petrochemical Refinery's interest expense for the three months ended in Dec. 2023 was BDT -5.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was BDT-19.8 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. CVO Petrochemical Refinery's Operating Income for the three months ended in Dec. 2023 was BDT 25.9 Mil. CVO Petrochemical Refinery's Interest Expense for the three months ended in Dec. 2023 was BDT -5.0 Mil. CVO Petrochemical Refinery's Interest Coverage for the quarter that ended in Dec. 2023 was 5.16. 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.

CVO Petrochemical Refinery Interest Expense Historical Data

The historical data trend for CVO Petrochemical Refinery'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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CVO Petrochemical Refinery Interest Expense Chart

CVO Petrochemical Refinery Annual Data

Trend

Jun14

Jun15

Jun16

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Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-0.14

-15.25

-17.38

-24.09

-25.19

CVO Petrochemical Refinery 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															-8.43	-8.36	-0.94	-5.45	-5.02

CVO Petrochemical Refinery 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 BDT-19.8 Mil.

CVO Petrochemical Refinery (DHA:CVOPRL) 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.

CVO Petrochemical Refinery's Interest Expense for the three months ended in Dec. 2023 was BDT-5.0 Mil. Its Operating Income for the three months ended in Dec. 2023 was BDT25.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was BDT5.3 Mil.

CVO Petrochemical Refinery'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	*	25.873	/	-5.015
	=	5.16

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

CVO Petrochemical Refinery (DHA:CVOPRL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CVO Petrochemical Refinery PLC (DHA:CVOPRL) » Definitions » Interest Expense

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Address

37, Katalgonj, Panchlaish, Chattogram, BGD, 4203

Website

http://www.cvopetro.com

CVO Petrochemical Refinery Ltd is a petrochemical company. It is engaged in the production and sale of Hydrocarbon Solvent with the use of new raw material Naphtha and also supplies fuels like Motor Spirit (MS), Mineral Turpentine (MTT), HSD (High-Speed Diesel) which it produces from Natural Gas Condensate.

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