Thai Rayon PCL (BKK:TR) Interest Expense : ฿-1 Mil (TTM As of Mar. 2024)

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What is Thai Rayon PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Thai Rayon 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 ฿-1 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 Rayon PCL's Operating Income for the three months ended in Mar. 2024 was ฿ -3,422 Mil. Thai Rayon PCL's Interest Expense for the three months ended in Mar. 2024 was ฿ -1 Mil. Thai Rayon PCL did not have earnings to cover the interest expense. 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 Rayon PCL Interest Expense Historical Data

The historical data trend for Thai Rayon 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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Thai Rayon PCL Interest Expense Chart

Thai Rayon PCL Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-0.04

-0.32

-1.09

-1.04

-1.49

Thai Rayon 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															-0.59	-0.40	-	-	-1.09

Thai Rayon 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 ฿-1 Mil.

Thai Rayon PCL (BKK:TR) 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.

Thai Rayon 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 ฿-3,422 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ฿1 Mil.

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

Thai Rayon PCL did not have earnings to cover the interest expense.

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

Thai Rayon PCL (BKK:TR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Thai Rayon PCL (BKK:TR) » Definitions » Interest Expense

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Address

Ploenchit Road, 16th Floor, 888/160-1 Mahatun Plaza Building, Lumpini, Pathumwan, Bangkok, THA, 10330

Website

https://www.thairayon.com

Thai Rayon PCL is a Thailand-based company principally engaged in the manufacture of viscose rayon staple fibre and anhydrous sodium sulphate for sales to both domestic and export markets. The company also produces Anhydrous Sodium Sulphate as its by-product, which is widely used in the Thai market by detergent, pulp, glass, leather, and textile industries. Thai Rayon has investments in backward and forward integration projects in Thailand, Indonesia, Laos, China, and Canada, as well as several diversification projects in Thailand and overseas.