LOLC Holdings (COL:LOLC.N0000) Interest Expense : රු-143,169 Mil (TTM As of Dec. 2023)

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What is LOLC Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. LOLC Holdings's interest expense for the three months ended in Dec. 2023 was රු -37,044 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was රු-143,169 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. LOLC Holdings's Operating Income for the three months ended in Dec. 2023 was රු -10,078 Mil. LOLC Holdings's Interest Expense for the three months ended in Dec. 2023 was රු -37,044 Mil. LOLC Holdings 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.

LOLC Holdings Interest Expense Historical Data

The historical data trend for LOLC Holdings'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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LOLC Holdings Interest Expense Chart

LOLC Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-19,542.05

-21,804.58

-49,318.96

-55,669.36

-132,961.37

LOLC Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-33,973.65	-37,078.06	-33,077.71	-35,969.28	-37,043.88

LOLC Holdings 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was රු-143,169 Mil.

LOLC Holdings (COL:LOLC.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.

LOLC Holdings's Interest Expense for the three months ended in Dec. 2023 was රු-37,044 Mil. Its Operating Income for the three months ended in Dec. 2023 was රු-10,078 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was රු0 Mil.

LOLC Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

LOLC Holdings did not have earnings to cover the interest expense.

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

LOLC Holdings (COL:LOLC.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » LOLC Holdings PLC (COL:LOLC.N0000) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

No. 100/1, Sri Jayewardenepura Mawatha, Rajagiriya, Colombo, LKA, 10290

Website

https://www.lolc.com

LOLC Holdings PLC is a non-banking financial institution. The company's operating segment includes Financial services; Long term and general insurance; Manufacturing and trading; Leisure and entertainment; Plantation and Power Generation; Equity accounted investees and others. It generates maximum revenue from the Financial services segment. Geographically, it derives a majority of its revenue from Sri Lanka.

LOLC Holdings (COL:LOLC.N0000) Headlines

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