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Kohinoor Textile Mills (KAR:KTML) Interest Expense : ₨-7,129 Mil (TTM As of Sep. 2024)


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What is Kohinoor Textile Mills Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kohinoor Textile Mills's interest expense for the three months ended in Sep. 2024 was ₨ -1,599 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₨-7,129 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. Kohinoor Textile Mills's Operating Income for the three months ended in Sep. 2024 was ₨ 4,423 Mil. Kohinoor Textile Mills's Interest Expense for the three months ended in Sep. 2024 was ₨ -1,599 Mil. Kohinoor Textile Mills's Interest Coverage for the quarter that ended in Sep. 2024 was 2.77. 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.

Kohinoor Textile Mills Interest Expense Historical Data

The historical data trend for Kohinoor Textile Mills'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.

Kohinoor Textile Mills Interest Expense Chart

Kohinoor Textile Mills 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 -3,501.79 -1,940.38 -2,467.41 -4,168.57 -7,461.08

Kohinoor Textile Mills 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 -1,930.61 -1,981.33 -1,888.58 -1,660.57 -1,598.99

Kohinoor Textile Mills 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 ₨-7,129 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.

Kohinoor Textile Mills  (KAR:KTML) 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.

Kohinoor Textile Mills's Interest Expense for the three months ended in Sep. 2024 was ₨-1,599 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₨4,423 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₨14,482 Mil.

Kohinoor Textile Mills'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*4422.584/-1598.985
=2.77

* 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.

Kohinoor Textile Mills Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Kohinoor Textile Mills Ltd (KAR:KTML) » Definitions » Interest Expense
Comparable Companies
KAR:NML KAR:SFL KAR:GATI KAR:GATM KAR:SAPT KAR:IDYM KAR:NCL KAR:FML KAR:KHYT KAR:HAEL HKSE:02313 SHSE:600346 SZSE:000301 IST:SASA TSE:3402 TPE:1402 SHSE:601233 BOM:532889 SHSE:600295 AIN
Traded in Other Exchanges
N/A
Address
42-Lawrence Road, Lahore, PB, PAK, 54000
Website
http://www.kmlg.com
Kohinoor Textile Mills Ltd is a company engaged in the manufacturing of yarn and cloth, processing and stitching the cloth, and trade of textile products. It operates through three divisions which comprise Spinning, Weaving, Processing & Home Textile. It is engaged in the production of yarns from natural and artificial fibers and greige fabrics for the manufacture of printed and dyed fabrics and home textile articles. The company generates maximum revenue from the Spinning segment.

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