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Mari Petroleum Co (KAR:MARI) Interest Expense : ₨-2,944 Mil (TTM As of Sep. 2024)


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What is Mari Petroleum Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mari Petroleum Co's interest expense for the three months ended in Sep. 2024 was ₨ -835 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₨-2,944 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. Mari Petroleum Co's Operating Income for the three months ended in Sep. 2024 was ₨ 26,650 Mil. Mari Petroleum Co's Interest Expense for the three months ended in Sep. 2024 was ₨ -835 Mil. Mari Petroleum Co's Interest Coverage for the quarter that ended in Sep. 2024 was 31.93. 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.

Mari Petroleum Co Interest Expense Historical Data

The historical data trend for Mari Petroleum 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.

* Premium members only.

Mari Petroleum Co Interest Expense Chart

Mari Petroleum Co 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 -983.55 -899.30 -978.51 -1,762.49 -2,840.51

Mari Petroleum Co 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 -731.37 -702.49 -715.65 -690.99 -834.58

Mari Petroleum 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨-2,944 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.

Mari Petroleum Co  (KAR:MARI) 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.

Mari Petroleum Co's Interest Expense for the three months ended in Sep. 2024 was ₨-835 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₨26,650 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₨573 Mil.

Mari Petroleum Co'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*26650.249/-834.582
=31.93

* 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.

Mari Petroleum Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Mari Petroleum Co Ltd (KAR:MARI) » Definitions » Interest Expense
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KAR:PPL KAR:POL KAR:OGDC COP HKSE:00883 EOG TSX:CNQ PXD OXY MIC:NVTK HES ASX:WDS DVN FANG CTRA BKK:PTTEP TSE:1605 TSX:TOU OSL:AKRBP EQT
Traded in Other Exchanges
N/A
Address
21, Mauve Area, 3rd Road, G-10/4, P.O. Box 1614, Islamabad, PB, PAK, 44000
Website
https://mpcl.com.pk
Mari Petroleum Co Ltd is an exploration and production company. It is principally engaged in the exploration, production, and sale of hydrocarbons. Some of the Blocks in which the company operates are Ziarat, Harnai, Sukkur, Sujawal, Karak, Ghauri, and Peshawar East. The company's segment includes Exploration and Production, Mari Seismic Unit, and Mari Drilling Unit. The majority of the firm's revenue is derived from the Exploration and Production segment which is engaged in all upstream business activities.

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