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Ingress Industrial (Thailand) PCL (BKK:INGRS) Interest Expense : ฿-190 Mil (TTM As of Apr. 2024)


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What is Ingress Industrial (Thailand) PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ingress Industrial (Thailand) PCL's interest expense for the three months ended in Apr. 2024 was ฿ -49 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 2024 was ฿-190 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. Ingress Industrial (Thailand) PCL's Operating Income for the three months ended in Apr. 2024 was ฿ 78 Mil. Ingress Industrial (Thailand) PCL's Interest Expense for the three months ended in Apr. 2024 was ฿ -49 Mil. Ingress Industrial (Thailand) PCL's Interest Coverage for the quarter that ended in Apr. 2024 was 1.59. 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.


Ingress Industrial (Thailand) PCL Interest Expense Historical Data

The historical data trend for Ingress Industrial (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.

Ingress Industrial (Thailand) PCL Interest Expense Chart

Ingress Industrial (Thailand) PCL Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -49.87 -65.75 -83.86 -140.32 -185.08

Ingress Industrial (Thailand) PCL Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 -44.38 -39.11 -46.92 -54.68 -48.88

Ingress Industrial (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 Apr. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-190 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.


Ingress Industrial (Thailand) PCL  (BKK:INGRS) 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.

Ingress Industrial (Thailand) PCL's Interest Expense for the three months ended in Apr. 2024 was ฿-49 Mil. Its Operating Income for the three months ended in Apr. 2024 was ฿78 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Apr. 2024 was ฿1,885 Mil.

Ingress Industrial (Thailand) PCL's Interest Coverage for the quarter that ended in Apr. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Apr. 2024 )/Interest Expense (Q: Apr. 2024 )
=-1*77.81/-48.883
=1.59

* 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. Ingress Industrial (Thailand) PCLs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


Ingress Industrial (Thailand) PCL (BKK:INGRS) Business Description

Traded in Other Exchanges
N/A
Address
Ramkhamhaeng Road, 9/141, 14th Floor, Unit A, UM Tower Building, Suanluang, Bangkok, THA, 10250
Ingress Industrial (Thailand) PCL is engaged in investment holdings. It manufactures and distributes automotive components. The company derives most of its revenues from Malaysia. Its products include Roll forming products; Stamping Products; and Tool making and automation solutions. Its operations are carried on in Thailand, Malaysia, Indonesia and India.

Ingress Industrial (Thailand) PCL (BKK:INGRS) Headlines

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