GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ceylon Guardian Investment Trust PLC (COL:GUAR.N0000) » Definitions » Interest Expense

Ceylon Guardian Investment Trust (COL:GUAR.N0000) Interest Expense : රු-9 Mil (TTM As of Dec. 2024)


View and export this data going back to 1951. Start your Free Trial

What is Ceylon Guardian Investment Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ceylon Guardian Investment Trust's interest expense for the three months ended in Dec. 2024 was රු -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was රු-9 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. Ceylon Guardian Investment Trust's Operating Income for the three months ended in Dec. 2024 was රු 3,364 Mil. Ceylon Guardian Investment Trust's Interest Expense for the three months ended in Dec. 2024 was රු -2 Mil. Ceylon Guardian Investment Trust's Interest Coverage for the quarter that ended in Dec. 2024 was 2,128.99. 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.


Ceylon Guardian Investment Trust Interest Expense Historical Data

The historical data trend for Ceylon Guardian Investment Trust'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.

Ceylon Guardian Investment Trust Interest Expense Chart

Ceylon Guardian Investment Trust Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -30.05 -69.49 -6.63 -135.20 -78.13

Ceylon Guardian Investment Trust Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -8.67 - -6.29 -1.48 -1.58

Ceylon Guardian Investment Trust 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was රු-9 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.


Ceylon Guardian Investment Trust  (COL:GUAR.N0000) 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.

Ceylon Guardian Investment Trust's Interest Expense for the three months ended in Dec. 2024 was රු-2 Mil. Its Operating Income for the three months ended in Dec. 2024 was රු3,364 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was රු0 Mil.

Ceylon Guardian Investment Trust's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*3363.808/-1.58
=2,128.99

* 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. Ceylon Guardian Investment Trust PLC has enough cash to cover all of its debt. Its financial situation is stable.


Ceylon Guardian Investment Trust Business Description

Traded in Other Exchanges
N/A
Address
No. 61, Janadhipathi Mawatha, Colombo, LKA, 01
Ceylon Guardian Investment Trust PLC is an investment holding company. The company along with its subsidiaries operates in asset management. The company act as specialized investment vehicles within the investment business to undertake listed, private equity and fixed income investments and engage in fund management activities.

Ceylon Guardian Investment Trust Headlines

No Headlines