Charn Issara Development PCL (BKK:CI) Interest Expense : ฿-375 Mil (TTM As of Mar. 2024)

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What is Charn Issara Development PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Charn Issara Development PCL's interest expense for the three months ended in Mar. 2024 was ฿ -88 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ฿-375 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. Charn Issara Development PCL's Operating Income for the three months ended in Mar. 2024 was ฿ 144 Mil. Charn Issara Development PCL's Interest Expense for the three months ended in Mar. 2024 was ฿ -88 Mil. Charn Issara Development PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 1.63. 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.

Charn Issara Development PCL Interest Expense Historical Data

The historical data trend for Charn Issara Development 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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Charn Issara Development PCL Interest Expense Chart

Charn Issara Development PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-115.80

-330.25

-323.49

-311.09

-397.50

Charn Issara Development PCL 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															-110.68	-103.66	-93.08	-90.08	-88.08

Charn Issara Development 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-375 Mil.

Charn Issara Development PCL (BKK:CI) 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.

Charn Issara Development PCL's Interest Expense for the three months ended in Mar. 2024 was ฿-88 Mil. Its Operating Income for the three months ended in Mar. 2024 was ฿144 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ฿4,550 Mil.

Charn Issara Development PCL'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	*	143.974	/	-88.078
	=	1.63

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Charn Issara Development PCLs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Charn Issara Development PCL (BKK:CI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Charn Issara Development PCL (BKK:CI) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

2922/200, New Petchburi Road, 10th Floor, Charn Issara Tower II, Bangkapi Sub-district, HuayKwang, Bangkok, THA, 10310

Website

https://www.charnissara.com

Charn Issara Development PCL engages in the real estate business. It operates through the segments of Real Estate Development, Lease of Office Condominium units, Hotel Operations and Sale of goods. Its portfolio and projects include office buildings, shopping centers, House and Townhome, Hotel, Dining and Entertainment, SPA and residential condominiums. The firm's majority revenue comes from the Real Estate Development segment. The company principally operates in Thailand.