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Frasers Property (Thailand) PCL (BKK:FPT) Interest Expense : ฿-1,166 Mil (TTM As of Mar. 2024)


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What is Frasers Property (Thailand) PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Frasers Property (Thailand) PCL's interest expense for the three months ended in Mar. 2024 was ฿ -295 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ฿-1,166 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. Frasers Property (Thailand) PCL's Operating Income for the three months ended in Mar. 2024 was ฿ 357 Mil. Frasers Property (Thailand) PCL's Interest Expense for the three months ended in Mar. 2024 was ฿ -295 Mil. Frasers Property (Thailand) PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 1.21. 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.


Frasers Property (Thailand) PCL Interest Expense Historical Data

The historical data trend for Frasers Property (Thailand) 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.

Frasers Property (Thailand) PCL Interest Expense Chart

Frasers Property (Thailand) PCL Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -786.00 -1,131.47 -1,064.40 -964.14 -1,163.34

Frasers Property (Thailand) 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -295.88 -293.55 -292.03 -285.37 -295.02

Frasers Property (Thailand) 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 ฿-1,166 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.


Frasers Property (Thailand) PCL  (BKK:FPT) 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.

Frasers Property (Thailand) PCL's Interest Expense for the three months ended in Mar. 2024 was ฿-295 Mil. Its Operating Income for the three months ended in Mar. 2024 was ฿357 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ฿33,421 Mil.

Frasers Property (Thailand) 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*356.908/-295.022
=1.21

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Frasers Property (Thailand) PCL interest coverage is 1.79, which is low.


Frasers Property (Thailand) PCL (BKK:FPT) Business Description

Traded in Other Exchanges
N/A
Address
Rama 4 Road, No. 944 Mitrtown Office Tower, 22nd - 23rd Floor, Wangmai Subdistrict, Pathumwan District, Bangkok, THA, 10330
Frasers Property (Thailand) PCL is an industrial real estate developer operating in Thailand. The company and its subsidiaries are principally engaged in the industrial real estate development business, which comprises the development of factories and warehouses, mainly for rent and occasionally for sale, and the provision of service related to rental business. The vast majority of Ticon's revenue is derived from the sale of a property, with notable rental and service income. The group and its subsidiaries operate their business in Thailand only.

Frasers Property (Thailand) PCL (BKK:FPT) Headlines