Polynet PCL (BKK:POLY) Interest Expense : ฿-6.5 Mil (TTM As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Polynet PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Polynet PCL's interest expense for the three months ended in Mar. 2024 was ฿ -1.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ฿-6.5 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. Polynet PCL's Operating Income for the three months ended in Mar. 2024 was ฿ 48.8 Mil. Polynet PCL's Interest Expense for the three months ended in Mar. 2024 was ฿ -1.1 Mil. Polynet PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 46.21. 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.

Polynet PCL Interest Expense Historical Data

The historical data trend for Polynet 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.

Polynet PCL Interest Expense Chart

Polynet PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-11.37

-14.11

-23.97

-9.17

Polynet PCL Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial							-3.72	-3.01	-1.25	-1.18	-1.06

Polynet 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 ฿-6.5 Mil.

Polynet PCL (BKK:POLY) 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.

Polynet PCL's Interest Expense for the three months ended in Mar. 2024 was ฿-1.1 Mil. Its Operating Income for the three months ended in Mar. 2024 was ฿48.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ฿48.0 Mil.

Polynet 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	*	48.844	/	-1.057
	=	46.21

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

Polynet PCL (BKK:POLY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Polynet PCL (BKK:POLY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

888 Moo 11, Bangsaothong District, Bangsaothong Subdistrict, SamutPrakarn, THA, 10570

Website

https://www.polynet.co.th

Polynet PCL is engaged in the forming, manufacturing and distributing products related to rubber, plastic, silicone, molds for the automotive industry, medical tools and equipment and consumer products.