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Praram 9 Hospital PCL (BKK:PR9) Interest Expense : ฿-1 Mil (TTM As of Mar. 2024)


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What is Praram 9 Hospital PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Praram 9 Hospital 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. Praram 9 Hospital PCL's Operating Income for the three months ended in Mar. 2024 was ฿ 181 Mil. Praram 9 Hospital PCL's Interest Expense for the three months ended in Mar. 2024 was ฿ -0 Mil. Praram 9 Hospital PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 1,181.74. 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.


Praram 9 Hospital PCL Interest Expense Historical Data

The historical data trend for Praram 9 Hospital 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.

Praram 9 Hospital PCL Interest Expense Chart

Praram 9 Hospital 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 - -0.47 -0.48 -0.48 -0.64

Praram 9 Hospital 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 -0.16 -0.14 -0.18 -0.16 -0.15

Praram 9 Hospital 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.


Praram 9 Hospital PCL  (BKK:PR9) 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.

Praram 9 Hospital 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 ฿181 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ฿2 Mil.

Praram 9 Hospital 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*180.806/-0.153
=1,181.74

* 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. Praram 9 Hospital PCL has enough cash to cover all of its debt. Its financial situation is stable.


Praram 9 Hospital PCL (BKK:PR9) Business Description

Traded in Other Exchanges
N/A
Address
99, Praram 9 Road, Bangkapi, Huaykwang, Bangkok, THA, 10310
Praram 9 Hospital PCL operates as a hospital in Bangkok. The company provides medical services to individual cash payment corporate, contract patients, and foreign tourists with world-class medical services accredited by JCI standard. Substantial revenue is earned from hospital operations, which includes, medical fees, hospital room sales, and medicine sales, which are recognised as revenue and the point in time when services have been rendered or medicines have been delivered. Its operations are carried on only in Thailand.

Praram 9 Hospital PCL (BKK:PR9) Headlines

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