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Firetrade Engineering PCL (BKK:FTE) Interest Expense : ฿-5 Mil (TTM As of Mar. 2024)


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What is Firetrade Engineering PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Firetrade Engineering PCL's interest expense for the three months ended in Mar. 2024 was ฿ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ฿-5 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. Firetrade Engineering PCL's Operating Income for the three months ended in Mar. 2024 was ฿ 28 Mil. Firetrade Engineering PCL's Interest Expense for the three months ended in Mar. 2024 was ฿ -1 Mil. Firetrade Engineering PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 21.89. 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.


Firetrade Engineering PCL Interest Expense Historical Data

The historical data trend for Firetrade Engineering 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.

Firetrade Engineering PCL Interest Expense Chart

Firetrade Engineering PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -1.68 -4.24 -5.89 -4.60

Firetrade Engineering 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 -1.04 -0.98 -1.30 -1.29 -1.27

Firetrade Engineering 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 ฿-5 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.


Firetrade Engineering PCL  (BKK:FTE) 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.

Firetrade Engineering PCL's Interest Expense for the three months ended in Mar. 2024 was ฿-1 Mil. Its Operating Income for the three months ended in Mar. 2024 was ฿28 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ฿90 Mil.

Firetrade Engineering 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*27.872/-1.273
=21.89

* 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.


Firetrade Engineering PCL (BKK:FTE) Business Description

Traded in Other Exchanges
N/A
Address
1198/5 Rama 9 Road, Phattanakan Sub-district, Suanluang District, Bangkok, THA, 10250
Firetrade Engineering PCL is engaged in the sales of fire protection equipment and systems, design, installation, repair, and maintenance of fire protection systems. The group operates in two main business segments, namely sales of fire protection equipment systems and project works and services. Its products include fire protection equipment, foam system, cold water, and sanitary valves. The sales of the fire protection equipment systems segment act as a revenue driver for the firm. Its operations are in a single geographic area mainly in Thailand.

Firetrade Engineering PCL (BKK:FTE) Headlines

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