CPT Drives and Power PCL (BKK:CPT) Interest Expense : ฿-0 Mil (TTM As of Mar. 2024)

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What is CPT Drives and Power PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CPT Drives and Power 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 ฿-0 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. CPT Drives and Power PCL's Operating Income for the three months ended in Mar. 2024 was ฿ 17 Mil. CPT Drives and Power PCL's Interest Expense for the three months ended in Mar. 2024 was ฿ -0 Mil. CPT Drives and Power PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 249.14. 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.

CPT Drives and Power PCL Interest Expense Historical Data

The historical data trend for CPT Drives and Power 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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CPT Drives and Power PCL Interest Expense Chart

CPT Drives and Power PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.88

-1.33

-0.66

-0.53

-0.32

CPT Drives and Power 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															-0.08	-0.08	-0.06	-0.09	-0.07

CPT Drives and Power 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 Mil.

CPT Drives and Power PCL (BKK:CPT) 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.

CPT Drives and Power 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 ฿17 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ฿4 Mil.

CPT Drives and Power 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	*	17.191	/	-0.069
	=	249.14

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. CPT Drives and Power PCL has enough cash to cover all of its debt. Its financial situation is stable.

CPT Drives and Power PCL (BKK:CPT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CPT Drives and Power PCL (BKK:CPT) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

No. 230/7, Thetsabarnrungruknuer Road, Ladyao, Jattujak, Bangkok, THA, 10900

Website

https://www.cptthailand.com

CPT Drives and Power PCL is a Thailand-based company engaged in the distribution of electrical equipment and control systems. The company operates through three segments namely Production and distribution, Construction contracts, and Services. Its product consists of drives and automation such as soft starters, speed feedback devices and motion-controller, electrical power components comprising of contactors and relays, air circuit breakers and vacuum circuit breakers, and electric motors. The company's products are used in industrial plants, including the installation and construction of substations.