Thantawan Industry PCL (BKK:THIP-R) Interest Expense : ฿-3 Mil (TTM As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Thantawan Industry PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Thantawan Industry 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. Thantawan Industry PCL's Operating Income for the three months ended in Mar. 2024 was ฿ 77 Mil. Thantawan Industry PCL's Interest Expense for the three months ended in Mar. 2024 was ฿ -1 Mil. Thantawan Industry PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 124.57. 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.

Thantawan Industry PCL Interest Expense Historical Data

The historical data trend for Thantawan Industry 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.

Thantawan Industry PCL Interest Expense Chart

Thantawan Industry PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-1.86

-2.19

-1.90

-2.91

-2.80

Thantawan Industry 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															-0.70	-0.71	-0.71	-0.69	-0.62

Thantawan Industry 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.

Thantawan Industry PCL (BKK:THIP-R) 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.

Thantawan Industry 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 ฿77 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ฿13 Mil.

Thantawan Industry 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	*	77.235	/	-0.62
	=	124.57

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

Thantawan Industry PCL (BKK:THIP-R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Thantawan Industry PCL (BKK:THIP-R) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

THIP:Thailand

Address

Soi Kangwal 2, Phetkasem Road, 143-144, Moo 8, Omyai, Sampran, Nakornpathom, THA, 73160

Website

https://www.thantawan.com

Thantawan Industry PCL is a Thailand-based company that engages in the manufacturing and selling of plastic products, such as general plastic bags, thin bags, and drinking straws. The company's product portfolio includes reclosable bags, drinking straws, general bags and gloves, active breathable packaging, biodegradable products, zipper attached packaging, and sundry products. It has a presence in Europe, Thailand, Australia and New Zealand, Asia, America, and other countries.

Thantawan Industry PCL (BKK:THIP-R) Headlines

No Headlines