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Laugfs Gas (COL:LGL.N0000) Interest Expense : රු-3,532 Mil (TTM As of Dec. 2024)


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What is Laugfs Gas Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Laugfs Gas's interest expense for the three months ended in Dec. 2024 was රු -703 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was රු-3,532 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. Laugfs Gas's Operating Income for the three months ended in Dec. 2024 was රු -154 Mil. Laugfs Gas's Interest Expense for the three months ended in Dec. 2024 was රු -703 Mil. Laugfs Gas 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.


Laugfs Gas Interest Expense Historical Data

The historical data trend for Laugfs Gas'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.

Laugfs Gas Interest Expense Chart

Laugfs Gas 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 -2,442.50 -2,234.92 -2,201.81 -5,719.30 -4,005.58

Laugfs Gas 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 -1,008.29 -1,293.00 -734.68 -800.76 -703.24

Laugfs Gas 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-3,532 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.


Laugfs Gas  (COL:LGL.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.

Laugfs Gas's Interest Expense for the three months ended in Dec. 2024 was රු-703 Mil. Its Operating Income for the three months ended in Dec. 2024 was රු-154 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was රු17,677 Mil.

Laugfs Gas's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Laugfs Gas did not have earnings to cover the interest expense.

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Laugfs Gas PLCs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


Laugfs Gas Business Description

Traded in Other Exchanges
Address
No. 101, Maya Avenue, Colombo, LKA, 06
Laugfs Gas PLC is engaged in the sale of liquefied petroleum gas. The company offers LPG for industrial, commercial, and domestic purposes in Sri Lanka. It operates through the following business segments: Energy, Property, Trading, and Transportation & Logistics. It generates the majority of revenue from the Energy segment. The energy segment includes the Selling of Liquefied Petroleum Gas and other related products. The property segment includes the Operation of a commercial property given on rent at Kirullapone. The transportation & Logistics segment includes the Operation of vessels and providing marine cargo services and the Operation of an LPG storage terminal. Geographically it operates in Sri Lanka and Bangladesh, out of which the majority is from Sri Lanka.

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