GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Asian Insulators PCL (BKK:AI) » Definitions » Interest Expense

Asian Insulators PCL (BKK:AI) Interest Expense : ฿-1 Mil (TTM As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Asian Insulators PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Asian Insulators PCL's interest expense for the three months ended in Mar. 2024 was ฿ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ฿-1 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. Asian Insulators PCL's Operating Income for the three months ended in Mar. 2024 was ฿ 60 Mil. Asian Insulators PCL's Interest Expense for the three months ended in Mar. 2024 was ฿ -0 Mil. Asian Insulators PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 3,310.06. 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.


Asian Insulators PCL Interest Expense Historical Data

The historical data trend for Asian Insulators 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.

Asian Insulators PCL Interest Expense Chart

Asian Insulators PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.47 -1.99 -0.20 -0.30 -1.38

Asian Insulators 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 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 -0.03 -0.62 -0.59 -0.14 -0.02

Asian Insulators 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 ฿-1 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.


Asian Insulators PCL  (BKK:AI) 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.

Asian Insulators PCL's Interest Expense for the three months ended in Mar. 2024 was ฿-0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ฿60 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ฿0 Mil.

Asian Insulators 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*59.581/-0.018
=3,310.06

* 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.

Good Sign:

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


Asian Insulators PCL (BKK:AI) Business Description

Traded in Other Exchanges
N/A
Address
No. 254 Seri Thai Road, Kannayaow, Bangkok, THA, 10230
Asian Insulators PCL is engaged in the electronic components business sector. It is engaged in producing and selling porcelain insulators and electrical equipment. The company operates in various segments are Sale of Porcelain Insulators and Component and Construction Undertaking. The sale of Porcelain Insulators and Components generates maximum revenue for the company. It manufactures products in the categories of low voltage, medium voltage, and high voltage. The company operates in the Thailand region. It is also engaged in the sale of biodiesel and vegetable oil and by-products.