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Summit Alliance Port (DHA:SAPORTL) Interest Expense : BDT-325 Mil (TTM As of Sep. 2024)


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What is Summit Alliance Port Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Summit Alliance Port's interest expense for the three months ended in Sep. 2024 was BDT -101 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was BDT-325 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. Summit Alliance Port's Operating Income for the three months ended in Sep. 2024 was BDT 351 Mil. Summit Alliance Port's Interest Expense for the three months ended in Sep. 2024 was BDT -101 Mil. Summit Alliance Port's Interest Coverage for the quarter that ended in Sep. 2024 was 3.47. 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.


Summit Alliance Port Interest Expense Historical Data

The historical data trend for Summit Alliance Port'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.

Summit Alliance Port Interest Expense Chart

Summit Alliance Port Annual Data
Trend Dec13 Dec14 Dec15 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -391.87 -362.76 -287.95 -260.79 -295.68

Summit Alliance Port 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 -71.37 -68.86 -74.66 -80.80 -101.02

Summit Alliance Port 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-325 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.


Summit Alliance Port  (DHA:SAPORTL) 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.

Summit Alliance Port's Interest Expense for the three months ended in Sep. 2024 was BDT-101 Mil. Its Operating Income for the three months ended in Sep. 2024 was BDT351 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was BDT1,622 Mil.

Summit Alliance Port'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*350.707/-101.024
=3.47

* 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.


Summit Alliance Port Business Description

Traded in Other Exchanges
N/A
Address
63 Pragati Sarani, The Alliance Building, Baridhara, Dhaka, BGD, 1212
Summit Alliance Port Ltd provides off-dock services. It offers an inland container depot, container freight station, and receiving of export and import cargo. The company also provides customized services, such as Container condition surveys, repair, and maintenance; Fumigation, among others.

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