Absolute Clean Energy PCL (BKK:ACE) Interest Expense : ฿-200 Mil (TTM As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Absolute Clean Energy PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Absolute Clean Energy PCL's interest expense for the three months ended in Mar. 2024 was ฿ -65 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ฿-200 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. Absolute Clean Energy PCL's Operating Income for the three months ended in Mar. 2024 was ฿ 248 Mil. Absolute Clean Energy PCL's Interest Expense for the three months ended in Mar. 2024 was ฿ -65 Mil. Absolute Clean Energy PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 3.80. 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.

Absolute Clean Energy PCL Interest Expense Historical Data

The historical data trend for Absolute Clean Energy 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.

* Premium members only.

Absolute Clean Energy PCL Interest Expense Chart

Absolute Clean Energy PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-377.30

-94.84

-127.53

-116.95

-177.90

Absolute Clean Energy PCL 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															-43.56	-49.61	-49.49	-35.24	-65.41

Absolute Clean Energy 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 ฿-200 Mil.

Absolute Clean Energy PCL (BKK:ACE) 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.

Absolute Clean Energy PCL's Interest Expense for the three months ended in Mar. 2024 was ฿-65 Mil. Its Operating Income for the three months ended in Mar. 2024 was ฿248 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ฿4,234 Mil.

Absolute Clean Energy 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	*	248.235	/	-65.407
	=	3.80

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

Absolute Clean Energy PCL (BKK:ACE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Absolute Clean Energy PCL (BKK:ACE) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

140/6 ITF Tower 7th Floor Silom Road, Suriyawong, Bangrak, Bangkok, THA, 10500

Website

https://www.ace-energy.co.th

Absolute Clean Energy PCL is engaged in electricity and steam generating and distributing business both domestically and internationally. The company operates in four reportable segments biomass, natural gas, municipal solid waste, and solar energy power plants. It holds approximately 19 COD power plants and approximately 17 projects are being developed.

Absolute Clean Energy PCL (BKK:ACE) Headlines

No Headlines