Atlas Honda (KAR:ATLH) Interest Expense : ₨-86 Mil (TTM As of Dec. 2024)

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What is Atlas Honda Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Atlas Honda's interest expense for the three months ended in Dec. 2024 was ₨ -30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₨-86 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. Atlas Honda's Operating Income for the three months ended in Dec. 2024 was ₨ 4,244 Mil. Atlas Honda's Interest Expense for the three months ended in Dec. 2024 was ₨ -30 Mil. Atlas Honda's Interest Coverage for the quarter that ended in Dec. 2024 was 139.30. 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.

Atlas Honda Interest Expense Historical Data

The historical data trend for Atlas Honda'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.

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Atlas Honda Interest Expense Chart

Atlas Honda Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-30.63

-35.13

-26.37

-27.31

-55.68

Atlas Honda Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-18.50	-0.54	-27.85	-27.57	-30.47

Atlas Honda 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨-86 Mil.

Atlas Honda (KAR:ATLH) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Atlas Honda's Interest Expense for the three months ended in Dec. 2024 was ₨-30 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₨4,244 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₨282 Mil.

Atlas Honda's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	4244.015	/	-30.467
	=	139.30

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Atlas Honda Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Atlas Honda Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Atlas Honda Ltd (KAR:ATLH) » Definitions » Interest Expense

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Address

1 Mcleod Road, Lahore, PB, PAK, 54000

Website

https://www.atlashonda.com.pk

Atlas Honda Ltd is an auto part and vehicle manufacturer in Pakistan. The company manufactures and markets motorcycles and spare parts through a network of dealers in collaboration with the Honda Motor Company. The company also manufactures various components in-house in collaboration.

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