Readyplanet PCL (BKK:READY) Interest Expense : ฿-0.4 Mil (TTM As of Mar. 2024)

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What is Readyplanet PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Readyplanet PCL's interest expense for the three months ended in Mar. 2024 was ฿ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ฿-0.4 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. Readyplanet PCL's Operating Income for the three months ended in Mar. 2024 was ฿ 10.4 Mil. Readyplanet PCL's Interest Expense for the three months ended in Mar. 2024 was ฿ -0.1 Mil. Readyplanet PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 124.30. 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.

Readyplanet PCL Interest Expense Historical Data

The historical data trend for Readyplanet 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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Readyplanet PCL Interest Expense Chart

Readyplanet PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.57

-0.35

-0.40

-0.39

Readyplanet PCL Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial							-0.10	-0.10	-0.10	-0.09	-0.08

Readyplanet 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-0.4 Mil.

Readyplanet PCL (BKK:READY) 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.

Readyplanet PCL's Interest Expense for the three months ended in Mar. 2024 was ฿-0.1 Mil. Its Operating Income for the three months ended in Mar. 2024 was ฿10.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ฿4.4 Mil.

Readyplanet PCL'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	*	10.441	/	-0.084
	=	124.30

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Readyplanet PCL has enough cash to cover all of its debt. Its financial situation is stable.

Readyplanet PCL (BKK:READY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Readyplanet PCL (BKK:READY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rama 9 Road, 51 Major Tower Rama 9 - Ramkumhang 17th Floor, Unit 1701 - 1706, Huamak, Bangkapi, Bangkok, THA, 10240

Website

https://www.readyplanet.com

Readyplanet PCL is Thailand based company. The company is engaged in providing All-in-One Sales and Marketing Platform which is covered website, online advertising and customer relationship management systems. The Group comprises of the following segments namely Self Services and Managed Services.

Readyplanet PCL (BKK:READY) Headlines

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