Pal Holdings (PHS:PAL) Interest Expense : ₱-8,369 Mil (TTM As of Mar. 2024)

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What is Pal Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pal Holdings's interest expense for the three months ended in Mar. 2024 was ₱ -1,925 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₱-8,369 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. Pal Holdings's Operating Income for the three months ended in Mar. 2024 was ₱ 6,733 Mil. Pal Holdings's Interest Expense for the three months ended in Mar. 2024 was ₱ -1,925 Mil. Pal Holdings's Interest Coverage for the quarter that ended in Mar. 2024 was 3.50. 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.

Pal Holdings Interest Expense Historical Data

The historical data trend for Pal Holdings'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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Pal Holdings Interest Expense Chart

Pal Holdings Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

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Dec22

Dec23

Interest Expense

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-12,030.52

-9,843.93

-6,574.97

-7,345.65

-8,562.26

Pal Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-2,118.64	-2,136.27	-2,146.61	-2,160.74	-1,925.41

Pal Holdings 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱-8,369 Mil.

Pal Holdings (PHS:PAL) 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.

Pal Holdings's Interest Expense for the three months ended in Mar. 2024 was ₱-1,925 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₱6,733 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₱64,671 Mil.

Pal Holdings's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	6732.642	/	-1925.405
	=	3.50

The higher the ratio, the stronger the company's financial strength is.

Pal Holdings (PHS:PAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Pal Holdings Inc (PHS:PAL) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

President Diosdado Macapagal Avenue, 8th Floor, PNB Financial Center, CCP Complex, Metro Manila, Pasay City, PHL, 1300

Website

https://www.philippineairlines.com

Pal Holdings Inc through its subsidiaries, provides air transportation for passengers and cargo within and outside the Philippines. The services provided by the company include Group Booking, Charter Services, Corporate Sales, General Sales Agent, Travel Insurance, Cargo, and Swingaround.

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