C T Land Development (COL:CTLD.N0000) Interest Expense : රු Mil (TTM As of . 20)

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What is C T Land Development Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. C T Land Development's interest expense for the three months ended in . 20 was රු 0.00 Mil. C T Land Development does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. C T Land Development's Operating Income for the three months ended in . 20 was රු 0.00 Mil. C T Land Development's Interest Expense for the three months ended in . 20 was රු 0.00 Mil. C T Land Development 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.

C T Land Development Interest Expense Historical Data

The historical data trend for C T Land Development'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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C T Land Development Interest Expense Chart

C T Land Development Annual Data

Trend

Interest Expense

C T Land Development Quarterly Data

Interest Expense

C T Land Development Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

C T Land Development (COL:CTLD.N0000) 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.

C T Land Development's Interest Expense for the three months ended in . 20 was රු0.00 Mil. Its Operating Income for the three months ended in . 20 was රු0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in . 20 was රු0.00 Mil.

C T Land Development's Interest Coverage for the quarter that ended in . 20 is calculated as

C T Land Development had no long-term debt ⁽¹⁾.

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

C T Land Development (COL:CTLD.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » C T Land Development PLC (COL:CTLD.N0000) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

No. 10, Station Road, Bambalapitiya, Colombo, LKA, 04

Website

https://www.majesticcity.lk

C T Land Development PLC is engaged in the business of property development. The company constructs a centrally air-conditioned shopping complex, supermarket, bank, restaurant, fast food outlets, offices, apartments, and a basement car park.

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