Sahamit Machinery PCL (BKK:SMIT) Interest Expense : ฿0 Mil (TTM As of Sep. 2024)

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What is Sahamit Machinery PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sahamit Machinery PCL's interest expense for the three months ended in Sep. 2024 was ฿ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ฿0 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. Sahamit Machinery PCL's Operating Income for the three months ended in Sep. 2024 was ฿ 41 Mil. Sahamit Machinery PCL's Interest Expense for the three months ended in Sep. 2024 was ฿ 0 Mil. Sahamit Machinery PCL has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Sahamit Machinery PCL Interest Expense Historical Data

The historical data trend for Sahamit Machinery 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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Sahamit Machinery PCL Interest Expense Chart

Sahamit Machinery PCL Annual Data

Trend

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Dec23

Interest Expense

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-1.23

-1.40

-1.59

-1.78

Sahamit Machinery PCL Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-0.42	-	-	-	-

Sahamit Machinery 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿0 Mil.

Sahamit Machinery PCL (BKK:SMIT) 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.

Sahamit Machinery PCL's Interest Expense for the three months ended in Sep. 2024 was ฿0 Mil. Its Operating Income for the three months ended in Sep. 2024 was ฿41 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ฿0 Mil.

Sahamit Machinery PCL's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Sahamit Machinery PCL had no long-term debt ⁽¹⁾.

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. Sahamit Machinery PCL has enough cash to cover all of its debt. Its financial situation is stable.

Sahamit Machinery PCL Business Description

Industry

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SMIT-R:Thailand

Address

Rama 3 Road, 42 48 Soi chokchaijongjumroen, Yannawa, Bangpongpang, Bangkok, THA, 10120

Website

http://www.sahamit.co.th

Sahamit Machinery PCL is engaged in the distribution of industrial machinery and equipment. It operates in five product groups: special steels, machine tools and tooling, pulp and paper, machinery and equipment for wood processing, and electrical engineering. The business segments of the group are; Steel and Heat treatment, Machine tools and Tooling and Others. Steel and Heat treatment include special tool steels, carbonitriding, Annealing, machinery, and carbon steels contribute majority revenue of the firm. Machine tools and tooling products include electrical discharge machine, milling cutters, and inserts for milling. It mainly operates in Thailand, and derives main revenue from the Steel and Heat treatment segment.