Engro Fertilizers (KAR:EFERT) Interest Expense : ₨-1,573 Mil (TTM As of Mar. 2024)

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What is Engro Fertilizers Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Engro Fertilizers's interest expense for the three months ended in Mar. 2024 was ₨ -160 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₨-1,573 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. Engro Fertilizers's Operating Income for the three months ended in Mar. 2024 was ₨ 15,950 Mil. Engro Fertilizers's Interest Expense for the three months ended in Mar. 2024 was ₨ -160 Mil. Engro Fertilizers's Interest Coverage for the quarter that ended in Mar. 2024 was 99.38. 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.

Engro Fertilizers Interest Expense Historical Data

The historical data trend for Engro Fertilizers'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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Engro Fertilizers Interest Expense Chart

Engro Fertilizers Annual Data

Trend

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Dec23

Interest Expense

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-3,714.74

-3,189.85

-1,524.63

-2,434.82

-1,848.04

Engro Fertilizers 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															-435.32	-702.31	-499.29	-211.12	-160.49

Engro Fertilizers 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 ₨-1,573 Mil.

Engro Fertilizers (KAR:EFERT) 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.

Engro Fertilizers's Interest Expense for the three months ended in Mar. 2024 was ₨-160 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₨15,950 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₨3,271 Mil.

Engro Fertilizers'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	*	15949.514	/	-160.49
	=	99.38

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

Engro Fertilizers (KAR:EFERT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Engro Fertilizers Ltd (KAR:EFERT) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

Plot No HC No-3, Marine Drive, Block 4, 7th & 8th Floor, The Harbor Front Building, Scheme Number 5, Clifton, Karachi, SD, PAK, 75600

Website

https://www.engrofertilizers.com

Engro Fertilizers Ltd is a Pakistan-based company mainly involved in the manufacturing, purchasing, and marketing of fertilizers, seeds, and pesticides and providing logistics services. It operates in five segments: Urea, Phosphates, Specialty Fertilizers Business, Crop Sciences division, and E-logistics. The company offers different ranges of products under brand names such as Engro Urea, Engro DAP, Engro NP, Engro Envy, Engro Zarkhez, Engro MOP, and Zingro.

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