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Tipco Asphalt PCL (BKK:TASCO-F) Interest Expense : ฿-153 Mil (TTM As of Sep. 2024)


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What is Tipco Asphalt PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tipco Asphalt PCL's interest expense for the three months ended in Sep. 2024 was ฿ -40 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ฿-153 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. Tipco Asphalt PCL's Operating Income for the three months ended in Sep. 2024 was ฿ 936 Mil. Tipco Asphalt PCL's Interest Expense for the three months ended in Sep. 2024 was ฿ -40 Mil. Tipco Asphalt PCL's Interest Coverage for the quarter that ended in Sep. 2024 was 23.51. 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.

Tipco Asphalt PCL Interest Expense Historical Data

The historical data trend for Tipco Asphalt 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.

Tipco Asphalt PCL Interest Expense Chart

Tipco Asphalt 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 -204.13 -130.87 -118.12 -113.22 -142.97

Tipco Asphalt 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 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 -38.38 -37.69 -33.43 -42.43 -39.81

Tipco Asphalt 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 ฿-153 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.

Tipco Asphalt PCL  (BKK:TASCO-F) 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.

Tipco Asphalt PCL's Interest Expense for the three months ended in Sep. 2024 was ฿-40 Mil. Its Operating Income for the three months ended in Sep. 2024 was ฿936 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ฿252 Mil.

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

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*935.979/-39.805
=23.51

* 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.

Tipco Asphalt PCL Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Tipco Asphalt PCL (BKK:TASCO-F) » Definitions » Interest Expense
Comparable Companies
BKK:TPIPL BKK:SCCC BKK:DCON BKK:GEL BKK:SCP BKK:YONG BKK:CPANEL BKK:WINDOW BKK:STECH BKK:SMART CRH XSWX:HOLN NSE:ULTRACEMCO VMC MLM SHSE:600585 NSE:GRASIM XKRX:003670 XTER:HEI BOM:500387
Traded in Other Exchanges
TASCO-R:Thailand TASCO:Thailand
Address
118/1 Rama 6 Road, Phayathai Sub district, Phayathai District, Bangkok, THA, 10400
Website
https://www.tipcoasphalt.com
Tipco Asphalt PCL operates in two segment based on types of products and services. The Group conducts manufacturing and trading of asphalt, petroleum oil products and asphalt concrete in both domestic and overseas markets. Whereas, the marine logistic business complements the manufacturing and trading of asphalt and petroleum oil products. The Group conducts construction service related to highway construction and road rehabilitation in Thailand. The company operates in Thailand and Overseas, majority of its revenue being from Overseas. The company generates majority revenue from Manufacturing and trading segment.

Tipco Asphalt PCL Headlines

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