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Advice IT Infinite PCL (BKK:ADVICE) Interest Expense : ฿-12 Mil (TTM As of Sep. 2023)


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What is Advice IT Infinite PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Advice IT Infinite PCL's interest expense for the three months ended in Sep. 2023 was ฿ -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ฿-12 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. Advice IT Infinite PCL's Operating Income for the three months ended in Sep. 2023 was ฿ 68 Mil. Advice IT Infinite PCL's Interest Expense for the three months ended in Sep. 2023 was ฿ -5 Mil. Advice IT Infinite PCL's Interest Coverage for the quarter that ended in Sep. 2023 was 15.02. 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.


Advice IT Infinite PCL Interest Expense Historical Data

The historical data trend for Advice IT Infinite 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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Advice IT Infinite PCL Interest Expense Chart

Advice IT Infinite PCL Annual Data
Trend Dec20 Dec21 Dec22
Interest Expense
- -17.31 -23.03

Advice IT Infinite PCL Quarterly Data
Dec21 Sep22 Dec22 Sep23
Interest Expense - -5.85 -7.22 -4.55

Advice IT Infinite 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-12 Mil.

* 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.


Advice IT Infinite PCL  (BKK:ADVICE) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Advice IT Infinite PCL's Interest Expense for the three months ended in Sep. 2023 was ฿-5 Mil. Its Operating Income for the three months ended in Sep. 2023 was ฿68 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was ฿99 Mil.

Advice IT Infinite PCL's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*68.389/-4.554
=15.02

* 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.

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


Advice IT Infinite PCL (BKK:ADVICE) Business Description

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Traded in Other Exchanges
N/A
Address
74/1 Moo 1, Tha It Subdistrict, Pak Kret District, Nonthaburi Province, Nonthaburi, THA
Advice IT Infinite PCL is a retailer and wholesaler of IT products in the Thailand. It operates a business of selling, retail-wholesale products and providing IT services. It sells a variety of IT products ranging from computer assembly (DIY), notebook computers, desktop computers and various peripherals such as monitors, printers, mice, keyboards, network equipment. The company has three segments; Retail; Wholesale and services, out of which Retail Segment derives maximum profit.

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