S Alam Cold Rolled Steels (DHA:SALAMCRST) Interest Expense : BDT-648 Mil (TTM As of Mar. 2024)

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What is S Alam Cold Rolled Steels Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. S Alam Cold Rolled Steels's interest expense for the three months ended in Mar. 2024 was BDT -178 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was BDT-648 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. S Alam Cold Rolled Steels's Operating Income for the three months ended in Mar. 2024 was BDT 196 Mil. S Alam Cold Rolled Steels's Interest Expense for the three months ended in Mar. 2024 was BDT -178 Mil. S Alam Cold Rolled Steels's Interest Coverage for the quarter that ended in Mar. 2024 was 1.10. 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.

S Alam Cold Rolled Steels Interest Expense Historical Data

The historical data trend for S Alam Cold Rolled Steels'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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S Alam Cold Rolled Steels Interest Expense Chart

S Alam Cold Rolled Steels Annual Data

Trend

Sep13

Sep14

Sep15

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Jun22

Jun23

Interest Expense

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-404.22

-452.00

-502.39

-482.62

-637.78

S Alam Cold Rolled Steels 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															-224.39	-125.24	-176.39	-168.44	-177.56

S Alam Cold Rolled Steels 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 BDT-648 Mil.

S Alam Cold Rolled Steels (DHA:SALAMCRST) 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.

S Alam Cold Rolled Steels's Interest Expense for the three months ended in Mar. 2024 was BDT-178 Mil. Its Operating Income for the three months ended in Mar. 2024 was BDT196 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was BDT0 Mil.

S Alam Cold Rolled Steels'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	*	195.542	/	-177.558
	=	1.10

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

S Alam Cold Rolled Steels (DHA:SALAMCRST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » S Alam Cold Rolled Steels Ltd (DHA:SALAMCRST) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

S. Alam Bhaban, Asadgonj, Chattogram, BGD, 2119

Website

https://www.s.alamgroupbd.com

S Alam Cold Rolled Steels Ltd is a steel manufacturing company. Its business activities include manufacturing and marketing cold rolled steel strips and galvanized steel sheets. The company has two business segments - the Cold Rolled Strips segment, which includes purchasing hot roll and manufacturing and distribution of cold-rolled strips; and the Non-Oxide Furnace segment which comprises purchasing cold-rolled strips and manufacturing and distribution of galvanized steel sheets.

S Alam Cold Rolled Steels (DHA:SALAMCRST) Headlines

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