Pakistan Telecommunication Co (KAR:PTC) Interest Expense : ₨-34,019 Mil (TTM As of Dec. 2023)

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What is Pakistan Telecommunication Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pakistan Telecommunication Co's interest expense for the three months ended in Dec. 2023 was ₨ 9,472 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₨-34,019 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. Pakistan Telecommunication Co's Operating Income for the three months ended in Dec. 2023 was ₨ -564 Mil. Pakistan Telecommunication Co's Interest Expense for the three months ended in Dec. 2023 was ₨ 9,472 Mil. Pakistan Telecommunication Co did not have earnings to cover the interest expense. 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.

Pakistan Telecommunication Co Interest Expense Historical Data

The historical data trend for Pakistan Telecommunication 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.

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Pakistan Telecommunication Co Interest Expense Chart

Pakistan Telecommunication Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-7,698.67

-7,336.78

-8,553.36

-19,319.88

-34,018.86

Pakistan Telecommunication Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															5,501.13	-22,235.30	-9,232.22	-12,023.67	9,472.34

Pakistan Telecommunication 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨-34,019 Mil.

Pakistan Telecommunication Co (KAR:PTC) 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.

Pakistan Telecommunication Co's Interest Expense for the three months ended in Dec. 2023 was ₨9,472 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₨-564 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₨112,063 Mil.

Pakistan Telecommunication Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

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. Pakistan Telecommunication Co Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Pakistan Telecommunication Co (KAR:PTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Pakistan Telecommunication Co Ltd (KAR:PTC) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Room No. 17, Plot No 55-C, Ground Floor (Margalla Side), Ufone Tower, Main Jinnah Avenue, Blue Area, Sector F-7/1, Islamabad, PAK

Website

https://www.ptcl.com.pk

Pakistan Telecommunication Co Ltd is a telecom company. It is mainly engaged in providing telecommunication services such as wireline and wireless services, interconnects, data services, and equipment sales. The services provided by the company include high-speed internet, smart tv, mobile services, landline services, digital services such as managed Wi-Fi, smart radios, point-to-multipoint and cloud services in the realm of IaaS (Infrastructure as a Service), and hosting services. The company operates in three operating segments i.e. fixed-line communications (Wireline), wireless communications (Wireless), and banking.