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Hascol Petroleum (KAR:HASCOL) Interest Expense : ₨-10,206 Mil (TTM As of Sep. 2023)


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What is Hascol Petroleum Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hascol Petroleum's interest expense for the three months ended in Sep. 2023 was ₨ -2,702 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₨-10,206 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. Hascol Petroleum's Operating Income for the three months ended in Sep. 2023 was ₨ 300 Mil. Hascol Petroleum's Interest Expense for the three months ended in Sep. 2023 was ₨ -2,702 Mil. Hascol Petroleum's Interest Coverage for the quarter that ended in Sep. 2023 was 0.11. 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.


Hascol Petroleum Interest Expense Historical Data

The historical data trend for Hascol 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.

Hascol Petroleum Interest Expense Chart

Hascol Petroleum Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,293.37 -9,493.16 -8,327.70 -6,648.92 -8,303.21

Hascol Petroleum Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -2,242.67 -2,464.51 -2,400.79 -2,638.15 -2,702.36

Hascol 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨-10,206 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.


Hascol Petroleum  (KAR:HASCOL) 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.

Hascol Petroleum's Interest Expense for the three months ended in Sep. 2023 was ₨-2,702 Mil. Its Operating Income for the three months ended in Sep. 2023 was ₨300 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was ₨12,516 Mil.

Hascol Petroleum's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*299.611/-2702.361
=0.11

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Hascol Petroleum Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


Hascol Petroleum (KAR:HASCOL) Business Description

Traded in Other Exchanges
N/A
Address
The Forum, Khayaban-e-Jami, Suite No. 105-106, 1st Floor, Block - 9, Clifton, Karachi, SD, PAK
Hascol Petroleum Ltd is engaged in the business of procurement, storage, and marketing of petroleum and related products such as high-speed diesel, gasoline, fuel oil, FUCHS lubricants.

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