Planet Communications Asia PCL (BKK:PLANET) Interest Expense : ฿-27.6 Mil (TTM As of Mar. 2024)

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What is Planet Communications Asia PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Planet Communications Asia PCL's interest expense for the three months ended in Mar. 2024 was ฿ -8.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ฿-27.6 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. Planet Communications Asia PCL's Operating Income for the three months ended in Mar. 2024 was ฿ 20.6 Mil. Planet Communications Asia PCL's Interest Expense for the three months ended in Mar. 2024 was ฿ -8.3 Mil. Planet Communications Asia PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 2.48. 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.

Planet Communications Asia PCL Interest Expense Historical Data

The historical data trend for Planet Communications Asia 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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Planet Communications Asia PCL Interest Expense Chart

Planet Communications Asia PCL Annual Data

Trend

Dec14

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Dec22

Dec23

Interest Expense

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-16.62

-18.41

-9.38

-7.51

-21.99

Planet Communications Asia 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															-2.69	-5.16	-7.18	-6.96	-8.32

Planet Communications Asia 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 ฿-27.6 Mil.

Planet Communications Asia PCL (BKK:PLANET) 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.

Planet Communications Asia PCL's Interest Expense for the three months ended in Mar. 2024 was ฿-8.3 Mil. Its Operating Income for the three months ended in Mar. 2024 was ฿20.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ฿87.8 Mil.

Planet Communications Asia 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	*	20.646	/	-8.321
	=	2.48

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

Planet Communications Asia PCL (BKK:PLANET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Planet Communications Asia PCL (BKK:PLANET) » Definitions » Interest Expense

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Address

157 Soi Ramindra 34, Ramindra Road, Tarang Subdistrict, Bangkhen District, Bangkok, THA, 10230

Website

https://www.planetcomm.com

Planet Communications Asia PCL is a Thailand based company engaged in the business of distribution, service, installation and maintenance of telecommunication equipment. It operates in the business segments of the Sale of products and solution; Services segment and Service Provider segment. A majority of revenue is derived from the Sale of products and solution segment which involves sell from being a reseller and selling projects as a system integrator and manufacturer.

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