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Saif Powertec (DHA:SAIFPOWER) Interest Expense : BDT-711 Mil (TTM As of Dec. 2022)


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What is Saif Powertec Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Saif Powertec's interest expense for the three months ended in Dec. 2022 was BDT -197 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 was BDT-711 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. Saif Powertec's Operating Income for the three months ended in Dec. 2022 was BDT 272 Mil. Saif Powertec's Interest Expense for the three months ended in Dec. 2022 was BDT -197 Mil. Saif Powertec's Interest Coverage for the quarter that ended in Dec. 2022 was 1.38. 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.


Saif Powertec Interest Expense Historical Data

The historical data trend for Saif Powertec'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.

Saif Powertec Interest Expense Chart

Saif Powertec Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Interest Expense
Get a 7-Day Free Trial Premium Member Only -597.42 -767.02 -740.16 -559.59 -635.38

Saif Powertec Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 -169.14 -162.50 -173.50 -177.74 -197.26

Saif Powertec 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was BDT-711 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.


Saif Powertec  (DHA:SAIFPOWER) 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.

Saif Powertec's Interest Expense for the three months ended in Dec. 2022 was BDT-197 Mil. Its Operating Income for the three months ended in Dec. 2022 was BDT272 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2022 was BDT11,138 Mil.

Saif Powertec's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2022 )/Interest Expense (Q: Dec. 2022 )
=-1*271.51/-197.259
=1.38

* 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.


Saif Powertec (DHA:SAIFPOWER) Business Description

Traded in Other Exchanges
N/A
Address
72 Mohakhali C/A, 8th Floor, Rupayan Centre, Dhaka, BGD, 1212
Saif Powertec Ltd provides infrastructure support services in Bangladesh. It also imports, trades, assembles, and installs generators, sub-stations, and electrical equipment and gridlines; installs and erects power plants; acts as a berth/terminal operator for operation of Chittagong container terminal and New Mooring container terminal of Chittagong Port Authority; and produces batteries.

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