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Thai Mitsuwa PCL (BKK:TMW) Interest Expense : ฿-0 Mil (TTM As of Jun. 2024)


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What is Thai Mitsuwa PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Thai Mitsuwa PCL's interest expense for the three months ended in Jun. 2024 was ฿ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 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. Thai Mitsuwa PCL's Operating Income for the three months ended in Jun. 2024 was ฿ 166 Mil. Thai Mitsuwa PCL's Interest Expense for the three months ended in Jun. 2024 was ฿ -0 Mil. Thai Mitsuwa PCL's Interest Coverage for the quarter that ended in Jun. 2024 was 3,126.00. 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.


Thai Mitsuwa PCL Interest Expense Historical Data

The historical data trend for Thai Mitsuwa 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.

Thai Mitsuwa PCL Interest Expense Chart

Thai Mitsuwa PCL Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.28 -6.99 -6.23 -3.21 -0.71

Thai Mitsuwa PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 -0.11 -0.09 -0.09 -0.09 -0.05

Thai Mitsuwa 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-0 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.


Thai Mitsuwa PCL  (BKK:TMW) 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.

Thai Mitsuwa PCL's Interest Expense for the three months ended in Jun. 2024 was ฿-0 Mil. Its Operating Income for the three months ended in Jun. 2024 was ฿166 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ฿0 Mil.

Thai Mitsuwa PCL's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*165.678/-0.053
=3,126.00

* 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.

Good Sign:

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


Thai Mitsuwa PCL Business Description

Traded in Other Exchanges
N/A
Address
31 Moo 2, Tambol Banchang, Amphur Muang, Pathum Thani, THA, 12000
Thai Mitsuwa PCL is a Thailand-based manufacturing company. The company's operating segment includes the manufacture and sales of plastic; the manufacture and sales of magnesium and the manufacture and sales of mold. It generates maximum revenue from the manufacture and sales of the magnesium segment. The product portfolio of the company includes Automotive parts comprising plastic parts for fenders front, rear panels, and door handles; Home Appliances comprising plastic parts for audio-video products like DVD and Home systems and magnesium products.

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