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Sri Lanka Telecom (COL:SLTL.N0000) Interest Expense : රු-10,195 Mil (TTM As of Jun. 2024)


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What is Sri Lanka Telecom Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sri Lanka Telecom's interest expense for the three months ended in Jun. 2024 was රු -2,233 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was රු-10,195 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. Sri Lanka Telecom's Operating Income for the three months ended in Jun. 2024 was රු 1,560 Mil. Sri Lanka Telecom's Interest Expense for the three months ended in Jun. 2024 was රු -2,233 Mil. Sri Lanka Telecom's Interest Coverage for the quarter that ended in Jun. 2024 was 0.70. 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.

Sri Lanka Telecom Interest Expense Historical Data

The historical data trend for Sri Lanka Telecom'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.

Sri Lanka Telecom Interest Expense Chart

Sri Lanka Telecom Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,067.00 -2,902.00 -3,022.00 -4,894.00 -11,292.00

Sri Lanka Telecom Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -3,392.00 -2,773.00 -2,904.00 -2,285.00 -2,233.00

Sri Lanka Telecom 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was රු-10,195 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.

Sri Lanka Telecom  (COL:SLTL.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.

Sri Lanka Telecom's Interest Expense for the three months ended in Jun. 2024 was රු-2,233 Mil. Its Operating Income for the three months ended in Jun. 2024 was රු1,560 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was රු61,071 Mil.

Sri Lanka Telecom's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*1560/-2233
=0.70

* 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.

Sri Lanka Telecom Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Sri Lanka Telecom PLC (COL:SLTL.N0000) » Definitions » Interest Expense
Comparable Companies
COL:DIAL.N0000 SHSE:600941 CMCSA TMUS VZ T XTER:DTE TSE:9432 NSE:BHARTIARTL HKSE:00728 TSE:9433 TSE:9984 CHTR TSE:9434 MEX:AMX B SAU:7010 ADX:EAND TSX:BCE XPAR:ORA XSWX:SCMN
Traded in Other Exchanges
N/A
Address
Lotus Road, P.O. Box 503, Telecom Headquarters, Colombo, LKA, 01
Website
https://www.slt.lk
Sri Lanka Telecom PLC is the National Information and Communications Technology (ICT) solutions, and broadband and infrastructure services provider in Sri Lanka. It operates in three segments, namely, fixed ICT operations, mobile ICT operations, and other segment operations. Fixed ICT operations include the supply of fixed telecommunication services. Mobile ICT operations include the supply of mobile telecommunication services. Other segment operations include Directory publication and support services.

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