GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Indorama Ventures PCL (BKK:IVL) » Definitions » Interest Expense

Indorama Ventures PCL (BKK:IVL) Interest Expense : ฿-16,083 Mil (TTM As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Indorama Ventures PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Indorama Ventures PCL's interest expense for the three months ended in Mar. 2024 was ฿ -4,176 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ฿-16,083 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. Indorama Ventures PCL's Operating Income for the three months ended in Mar. 2024 was ฿ 4,983 Mil. Indorama Ventures PCL's Interest Expense for the three months ended in Mar. 2024 was ฿ -4,176 Mil. Indorama Ventures PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 1.19. 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.


Indorama Ventures PCL Interest Expense Historical Data

The historical data trend for Indorama Ventures 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.

Indorama Ventures PCL Interest Expense Chart

Indorama Ventures 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 -5,615.13 -7,673.86 -7,120.66 -10,495.20 -15,367.21

Indorama Ventures 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 -3,460.14 -3,865.46 -4,014.57 -4,027.04 -4,176.23

Indorama Ventures 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 ฿-16,083 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.


Indorama Ventures PCL  (BKK:IVL) 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.

Indorama Ventures PCL's Interest Expense for the three months ended in Mar. 2024 was ฿-4,176 Mil. Its Operating Income for the three months ended in Mar. 2024 was ฿4,983 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ฿197,210 Mil.

Indorama Ventures 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*4982.779/-4176.225
=1.19

* 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. Indorama Ventures PCLs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


Indorama Ventures PCL (BKK:IVL) Business Description

Traded in Other Exchanges
Address
Asoke Road, Klongtoeynua, 37th Floor, Soi Sukhumvit 19, 75/102, Ocean Tower II, Wattana, Bangkok, THA, 10110
Indorama Ventures PCL is engaged in the manufacture and distribution of Polyethylene Terephthalate, Purified Terephthalic Acid, Paraxylene, recycling, Purified Isophthalic Acid, Naphthalene Dicarboxylate, PET preforms and packaging, Integrated EG, Integrated purified EO, PO/MTBE, Integrated Surfactants comprising EOA, LAB and others, Fibers including Polyester, Rayon, Nylon, Polypropylene, composites and worsted wool fibers products. The company operates in three reportable segments Combined PET, Integrated Oxides and Derivatives, and Fibers. The maximum revenue is derived from the Combined PET segment.

Indorama Ventures PCL (BKK:IVL) Headlines

No Headlines