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Well Graded Engineering PCL (BKK:WGE) Interest Expense : ฿-8 Mil (TTM As of Mar. 2024)


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What is Well Graded Engineering PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Well Graded Engineering PCL's interest expense for the three months ended in Mar. 2024 was ฿ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ฿-8 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. Well Graded Engineering PCL's Operating Income for the three months ended in Mar. 2024 was ฿ 41 Mil. Well Graded Engineering PCL's Interest Expense for the three months ended in Mar. 2024 was ฿ -3 Mil. Well Graded Engineering PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 15.40. 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.


Well Graded Engineering PCL Interest Expense Historical Data

The historical data trend for Well Graded Engineering 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.

Well Graded Engineering PCL Interest Expense Chart

Well Graded Engineering PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-2.42 -3.45 -3.34 -5.13 -7.40

Well Graded Engineering PCL Quarterly Data
Jun19 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 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 -1.72 -1.78 -1.89 -2.01 -2.68

Well Graded Engineering 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 ฿-8 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.


Well Graded Engineering PCL  (BKK:WGE) 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.

Well Graded Engineering PCL's Interest Expense for the three months ended in Mar. 2024 was ฿-3 Mil. Its Operating Income for the three months ended in Mar. 2024 was ฿41 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ฿9 Mil.

Well Graded Engineering 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*41.281/-2.68
=15.40

* 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.


Well Graded Engineering PCL (BKK:WGE) Business Description

Traded in Other Exchanges
N/A
Address
50/1203 Moo 9, Bangpood, Pakkred, Nonthaburi, THA, 11120
Well Graded Engineering PCL is an engineering and construction company. The company is engaged in the business of construction work services and consultants for the design and supervision of construction, engineering, and architecture works. Its projects portfolio includes High Rise Condo; Low Rise Condo; Office Building; Hospital; Sales Gallery; Community Mall; an Interior; Factory; Public Utility System; and Renovate.

Well Graded Engineering PCL (BKK:WGE) Headlines

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