Bestway Cement Co (KAR:BWCL) Interest Expense : ₨-11,824 Mil (TTM As of Mar. 2024)

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What is Bestway Cement Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bestway Cement Co's interest expense for the three months ended in Mar. 2024 was ₨ -2,865 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₨-11,824 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. Bestway Cement Co's Operating Income for the three months ended in Mar. 2024 was ₨ 6,934 Mil. Bestway Cement Co's Interest Expense for the three months ended in Mar. 2024 was ₨ -2,865 Mil. Bestway Cement Co's Interest Coverage for the quarter that ended in Mar. 2024 was 2.42. 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.

Bestway Cement Co Interest Expense Historical Data

The historical data trend for Bestway Cement Co'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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Bestway Cement Co Interest Expense Chart

Bestway Cement Co Annual Data

Trend

Jun14

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Jun19

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Jun23

Interest Expense

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-1,481.89

-2,138.64

-1,055.42

-1,458.58

-6,794.83

Bestway Cement Co 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															-1,444.14	-3,261.93	-3,016.77	-2,679.91	-2,865.49

Bestway Cement Co 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 ₨-11,824 Mil.

Bestway Cement Co (KAR:BWCL) 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.

Bestway Cement Co's Interest Expense for the three months ended in Mar. 2024 was ₨-2,865 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₨6,934 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₨43,239 Mil.

Bestway Cement Co'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	*	6933.737	/	-2865.487
	=	2.42

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

Bestway Cement Co (KAR:BWCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Bestway Cement Co Ltd (KAR:BWCL) » Definitions » Interest Expense

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Address

19-A, College Road, Bestway Building, F-7 Markaz, Islamabad, PB, PAK, 44000

Website

https://www.bestway.com.pk

Bestway Cement Co Ltd is engaged in the production and sale of cement in the local and export market. Its products include Bestway, Pakcem, Stallion, Ecocem, Low Alkali Cement, and others. The company operates in Pakistan and also export to other countries. Geographically, the majority of the revenue is generated from Pakistan.

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