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International Steels (KAR:ISL) Interest Expense : ₨-825 Mil (TTM As of Sep. 2024)


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What is International Steels Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. International Steels's interest expense for the three months ended in Sep. 2024 was ₨ -304 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₨-825 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. International Steels's Operating Income for the three months ended in Sep. 2024 was ₨ 364 Mil. International Steels's Interest Expense for the three months ended in Sep. 2024 was ₨ -304 Mil. International Steels's Interest Coverage for the quarter that ended in Sep. 2024 was 1.20. 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.

International Steels Interest Expense Historical Data

The historical data trend for International Steels'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.

International Steels Interest Expense Chart

International Steels Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,158.69 -708.73 -1,179.64 -2,134.73 -730.26

International Steels Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -195.68 -175.60 -173.23 -172.46 -303.97

International Steels 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨-825 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.

International Steels  (KAR:ISL) 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.

International Steels's Interest Expense for the three months ended in Sep. 2024 was ₨-304 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₨364 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₨826 Mil.

International Steels's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*364.152/-303.971
=1.20

* 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.

International Steels Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » International Steels Ltd (KAR:ISL) » Definitions » Interest Expense
Comparable Companies
KAR:MUGHAL KAR:INIL KAR:AGHA KAR:ASTL KAR:ASL KAR:CSAP KAR:ITTEFAQ NUE XKRX:005490 BOM:500228 TSE:5401 SHSE:600019 XAMS:MT NSE:TATASTEEL STLD RS MIC:CHMF TPE:2002 BUE:TXAR SZSE:000708
Traded in Other Exchanges
N/A
Address
10 Beaumont Road, 101 Beaumont Plaza, Karachi, SD, PAK, 75530
Website
https://www.isl.com.pk
International Steels Ltd manufactures steel products. The company produces cold rolled, galvanized, and colour coated steel coils and sheets. It serves industries like construction, appliances, automotive, agricultural implements, and packaging. Geographically, it caters to both domestic and international markets, of which, a majority of its revenue is generated from domestic sales.