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BlueVenture Group PCL (BKK:BVG) Interest Expense : ฿-0.2 Mil (TTM As of Dec. 2023)


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What is BlueVenture Group PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. BlueVenture Group PCL's interest expense for the three months ended in Dec. 2023 was ฿ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ฿-0.2 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. BlueVenture Group PCL's Operating Income for the three months ended in Dec. 2023 was ฿ 20.3 Mil. BlueVenture Group PCL's Interest Expense for the three months ended in Dec. 2023 was ฿ -0.0 Mil. BlueVenture Group PCL's Interest Coverage for the quarter that ended in Dec. 2023 was 615.55. 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.


BlueVenture Group PCL Interest Expense Historical Data

The historical data trend for BlueVenture Group 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.

* Premium members only.

BlueVenture Group PCL Interest Expense Chart

BlueVenture Group PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
- -0.22 -0.26 -0.28 -0.17

BlueVenture Group PCL Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.06 -0.05 -0.05 -0.04 -0.03

BlueVenture Group 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 ฿-0.2 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.


BlueVenture Group PCL  (BKK:BVG) 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.

BlueVenture Group PCL's Interest Expense for the three months ended in Dec. 2023 was ฿-0.0 Mil. Its Operating Income for the three months ended in Dec. 2023 was ฿20.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ฿0.5 Mil.

BlueVenture Group 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*20.313/-0.033
=615.55

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. BlueVenture Group PCL has enough cash to cover all of its debt. Its financial situation is stable.


BlueVenture Group PCL (BKK:BVG) Business Description

Traded in Other Exchanges
N/A
Address
Rajchadapisek Road, 48/21 Soi Rajchadapisek 20, Samsennok Sub-district, Huaykwang District, Bangkok, THA, 10310
BlueVenture Group PCL operates into business units based on its business types of businesses, Providing system services related to Motor insurance, Claims evaluation service and other service business. Each segment is different in service The Company is principally engaged in the provision of consultant services in relation to repair, loss and claim survey for motor vehicles. The Group operates in Thailand.

BlueVenture Group PCL (BKK:BVG) Headlines

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