Frasers Property (Thailand) PCL (Frasers Property (Thailand) PCL) Interest Expense : $-33.3 Mil (TTM As of Dec. 2023)

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What is Frasers Property (Thailand) PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Frasers Property (Thailand) PCL's interest expense for the three months ended in Dec. 2023 was $ -8.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-33.3 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. Frasers Property (Thailand) PCL's Operating Income for the three months ended in Dec. 2023 was $ 8.3 Mil. Frasers Property (Thailand) PCL's Interest Expense for the three months ended in Dec. 2023 was $ -8.2 Mil. Frasers Property (Thailand) PCL's Interest Coverage for the quarter that ended in Dec. 2023 was 1.02. 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.

Frasers Property (Thailand) PCL Interest Expense Historical Data

The historical data trend for Frasers Property (Thailand) PCL'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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Frasers Property (Thailand) PCL Interest Expense Chart

Frasers Property (Thailand) PCL Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

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-25.72

-36.07

-32.16

-26.01

-32.42

Frasers Property (Thailand) PCL 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															-8.11	-8.59	-8.41	-8.14	-8.16

Frasers Property (Thailand) PCL 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 $-33.3 Mil.

Frasers Property (Thailand) PCL (OTCPK:TCIZF) 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.

Frasers Property (Thailand) PCL's Interest Expense for the three months ended in Dec. 2023 was $-8.2 Mil. Its Operating Income for the three months ended in Dec. 2023 was $8.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $1,011.6 Mil.

Frasers Property (Thailand) PCL's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	8.284	/	-8.158
	=	1.02

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. Frasers Property (Thailand) PCL interest coverage is 1.83, which is low.

Frasers Property (Thailand) PCL (Frasers Property (Thailand) PCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Frasers Property (Thailand) PCL (OTCPK:TCIZF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

FPT:Thailand

Address

Rama 4 Road, No. 944 Mitrtown Office Tower, 22nd - 23rd Floor, Wangmai Subdistrict, Pathumwan District, Bangkok, THA, 10330

Website

https://www.frasersproperty.co.th

Frasers Property (Thailand) PCL is an industrial real estate developer operating in Thailand. The company and its subsidiaries are principally engaged in the industrial real estate development business, which comprises the development of factories and warehouses, mainly for rent and occasionally for sale, and the provision of service related to rental business. The vast majority of Ticon's revenue is derived from the sale of a property, with notable rental and service income. The group and its subsidiaries operate their business in Thailand only.

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