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Attock Cement Pakistan (KAR:ACPL) Interest Expense : ₨-129 Mil (TTM As of Mar. 2024)


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What is Attock Cement Pakistan Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Attock Cement Pakistan's interest expense for the three months ended in Mar. 2024 was ₨ -96 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₨-129 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. Attock Cement Pakistan's Operating Income for the three months ended in Mar. 2024 was ₨ 346 Mil. Attock Cement Pakistan's Interest Expense for the three months ended in Mar. 2024 was ₨ -96 Mil. Attock Cement Pakistan's Interest Coverage for the quarter that ended in Mar. 2024 was 3.62. 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.


Attock Cement Pakistan Interest Expense Historical Data

The historical data trend for Attock Cement Pakistan'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.

Attock Cement Pakistan Interest Expense Chart

Attock Cement Pakistan Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -599.36 -467.36 -171.77 -223.23 -251.06

Attock Cement Pakistan Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -93.09 56.23 -37.34 -52.78 -95.59

Attock Cement Pakistan 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨-129 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.


Attock Cement Pakistan  (KAR:ACPL) 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.

Attock Cement Pakistan's Interest Expense for the three months ended in Mar. 2024 was ₨-96 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₨346 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₨5,447 Mil.

Attock Cement Pakistan's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*346.153/-95.586
=3.62

* 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.


Attock Cement Pakistan (KAR:ACPL) Business Description

Traded in Other Exchanges
N/A
Address
Kehkashan-5, D-70, Block-4, Clifton, Karachi, SD, PAK, 75600
Attock Cement Pakistan Ltd is engaged in the business of producing and marketing of cement. Its product offering includes Falcon Ordinary Portland cement, Falcon Sulphate resistant cement, Falcon Rock Cement, and Falcon Block cement.

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