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Attock Petroleum (KAR:APL) Interest Expense : ₨-977 Mil (TTM As of Mar. 2024)


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What is Attock Petroleum Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Attock Petroleum's interest expense for the three months ended in Mar. 2024 was ₨ -252 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₨-977 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 Petroleum's Operating Income for the three months ended in Mar. 2024 was ₨ 2,643 Mil. Attock Petroleum's Interest Expense for the three months ended in Mar. 2024 was ₨ -252 Mil. Attock Petroleum's Interest Coverage for the quarter that ended in Mar. 2024 was 10.50. 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 Petroleum Interest Expense Historical Data

The historical data trend for Attock Petroleum'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 Petroleum Interest Expense Chart

Attock Petroleum 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 -23.48 -378.24 -599.05 -742.98 -917.47

Attock Petroleum 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 -236.38 -249.82 -235.22 -240.38 -251.73

Attock Petroleum 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 ₨-977 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 Petroleum  (KAR:APL) 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 Petroleum's Interest Expense for the three months ended in Mar. 2024 was ₨-252 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₨2,643 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₨7,493 Mil.

Attock Petroleum'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*2642.82/-251.727
=10.50

* 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 Petroleum Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Attock Petroleum Ltd (KAR:APL) » Definitions » Interest Expense
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KAR:SHEL KAR:ATRL KAR:CNERGY KAR:NRL KAR:PSO KAR:PRL KAR:HASCOL KAR:HTL NSE:RELIANCE MPC PSX VLO OHEL:NESTE TPE:6505 XKAZ:KMGZ NSE:IOC TSE:5020 DINO IST:TUPRS XKRX:096770
Traded in Other Exchanges
N/A
Address
Attock House, 2nd, 7th and 8th Floor, Morgah, Rawalpindi, PB, PAK
Website
https://www.apl.com.pk
Attock Petroleum Ltd is a Pakistan-based company engaged in the procurement, storage, and marketing of petroleum and related products including High-Speed Diesel, Premier Motor Gasoline, Furnace Oil, Bitumen, Kerosene, and Lubricants. Its products include diesel engine grades, gasoline engine grades, industrial grades, and gear oils. The company markets and supplies fuels to retail outlets, industries, armed forces, power producers, government/semi-government entities, the developmental sector, and agricultural customers. The company generates the majority of its revenue from the sale of Premier Motor Gasoline product.

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