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Saiham Cotton Mills (DHA:SAIHAMCOT) Interest Expense : BDT-320 Mil (TTM As of Sep. 2024)


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What is Saiham Cotton Mills Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Saiham Cotton Mills's interest expense for the three months ended in Sep. 2024 was BDT -88 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was BDT-320 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. Saiham Cotton Mills's Operating Income for the three months ended in Sep. 2024 was BDT 151 Mil. Saiham Cotton Mills's Interest Expense for the three months ended in Sep. 2024 was BDT -88 Mil. Saiham Cotton Mills's Interest Coverage for the quarter that ended in Sep. 2024 was 1.72. 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.


Saiham Cotton Mills Interest Expense Historical Data

The historical data trend for Saiham Cotton Mills'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.

Saiham Cotton Mills Interest Expense Chart

Saiham Cotton Mills Annual Data
Trend Apr15 Apr16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -185.02 -141.01 -131.59 -158.95 -296.06

Saiham Cotton Mills Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -63.87 -99.64 -58.06 -74.60 -87.73

Saiham Cotton Mills 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was BDT-320 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.


Saiham Cotton Mills  (DHA:SAIHAMCOT) 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.

Saiham Cotton Mills's Interest Expense for the three months ended in Sep. 2024 was BDT-88 Mil. Its Operating Income for the three months ended in Sep. 2024 was BDT151 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was BDT176 Mil.

Saiham Cotton Mills's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*150.798/-87.734
=1.72

* 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.


Saiham Cotton Mills Business Description

Traded in Other Exchanges
N/A
Address
House No. 34, Road No. 136, Gulshan-1, Saiham Tower, Block No. SE (C)-1, 11th Floor, Dhaka, BGD, 1212
Saiham Cotton Mills Ltd manufactures and sells cotton yarns for the export-oriented knitting industry. It offers auto coned electronically cleared cotton carded and combed grey yarn in Bangladesh. Carded, Combed, Organic KH, Organic CH, and CMIA are among the company's products.

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