GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Saif Power Ltd (KAR:SPWL) » Definitions » Interest Expense

Saif Power (KAR:SPWL) Interest Expense : ₨-1,761 Mil (TTM As of Dec. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Saif Power Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Saif Power's interest expense for the three months ended in Dec. 2024 was ₨ -588 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₨-1,761 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. Saif Power's Operating Income for the three months ended in Dec. 2024 was ₨ -1,189 Mil. Saif Power's Interest Expense for the three months ended in Dec. 2024 was ₨ -588 Mil. Saif Power 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.


Saif Power Interest Expense Historical Data

The historical data trend for Saif Power'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.

Saif Power Interest Expense Chart

Saif Power Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -703.87 -638.12 -974.88 -2,093.53 -1,630.28

Saif Power Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -267.04 -431.48 -489.69 -251.32 -588.15

Saif Power 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨-1,761 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.


Saif Power  (KAR:SPWL) 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.

Saif Power's Interest Expense for the three months ended in Dec. 2024 was ₨-588 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₨-1,189 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₨62 Mil.

Saif Power's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Saif Power did not have earnings to cover the interest expense.

* 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. Saif Power Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


Saif Power Business Description

Traded in Other Exchanges
N/A
Address
Fazal-ul-Haq Road, Block E, 1st Floor, Kashmir Commercial Complex, Blue Area, Islamabad, PB, PAK
Saif Power Ltd is an independent power producer based in Pakistan. The principal activities of the company are to own, operate and maintain a combined cycle power plant and sell the electricity to Central Power Purchasing Agency Guarantee (CPPA-G).

Saif Power Headlines

No Headlines