Patrangsit Healthcare Group PCL (BKK:PHG) Interest Expense : ฿-3 Mil (TTM As of Mar. 2024)

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What is Patrangsit Healthcare Group PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Patrangsit Healthcare Group 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 ฿-3 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. Patrangsit Healthcare Group PCL's Operating Income for the three months ended in Mar. 2024 was ฿ 84 Mil. Patrangsit Healthcare Group PCL's Interest Expense for the three months ended in Mar. 2024 was ฿ -1 Mil. Patrangsit Healthcare Group PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 150.20. 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.

Patrangsit Healthcare Group PCL Interest Expense Historical Data

The historical data trend for Patrangsit Healthcare Group 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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Patrangsit Healthcare Group PCL Interest Expense Chart

Patrangsit Healthcare Group PCL Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-12.30

-11.95

-9.78

Patrangsit Healthcare Group PCL Quarterly Data
	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial			-2.98	-3.40	-1.87	-1.00	-0.56

Patrangsit Healthcare Group 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 ฿-3 Mil.

Patrangsit Healthcare Group PCL (BKK:PHG) 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.

Patrangsit Healthcare Group 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 ฿84 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ฿6 Mil.

Patrangsit Healthcare Group 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	*	83.81	/	-0.558
	=	150.20

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Patrangsit Healthcare Group PCL has enough cash to cover all of its debt. Its financial situation is stable.

Patrangsit Healthcare Group PCL (BKK:PHG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Patrangsit Healthcare Group PCL (BKK:PHG) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Phaholyothin Road, 733/345 and 733/346 Moo 8, Khu Khot, Lam Luk Ka, Pathum Thani, Bangkok, THA, 12130

Website

https://www.patrangsit.com

Patrangsit Healthcare Group PCL is engaged in the hospital business. It is a medical provider with a team of skilled medical professionals. The company expanded the hospital and area By establishing more hospitals in the network, totaling 3 hospitals, consisting of Phaet Rangsit Hospital, Phaet Rangsit 2 Hospital, and Rangsit Maternal and Child Specialist Hospital To be able to cover a variety of specialized medical services.