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Samart Aviation Solutions PCL (BKK:SAV) Interest Expense : ฿-51 Mil (TTM As of Mar. 2024)


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What is Samart Aviation Solutions PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Samart Aviation Solutions PCL's interest expense for the three months ended in Mar. 2024 was ฿ -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ฿-51 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. Samart Aviation Solutions PCL's Operating Income for the three months ended in Mar. 2024 was ฿ 123 Mil. Samart Aviation Solutions PCL's Interest Expense for the three months ended in Mar. 2024 was ฿ -5 Mil. Samart Aviation Solutions PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 23.42. 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.


Samart Aviation Solutions PCL Interest Expense Historical Data

The historical data trend for Samart Aviation Solutions 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.

Samart Aviation Solutions PCL Interest Expense Chart

Samart Aviation Solutions PCL Annual Data
Trend Dec21 Dec22 Dec23
Interest Expense
-31.40 -55.71 -69.37

Samart Aviation Solutions PCL Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only -24.08 -20.98 -20.19 -4.11 -5.26

Samart Aviation Solutions 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 ฿-51 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.


Samart Aviation Solutions PCL  (BKK:SAV) 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.

Samart Aviation Solutions PCL's Interest Expense for the three months ended in Mar. 2024 was ฿-5 Mil. Its Operating Income for the three months ended in Mar. 2024 was ฿123 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ฿1 Mil.

Samart Aviation Solutions 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*123.095/-5.255
=23.42

* 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.


Samart Aviation Solutions PCL (BKK:SAV) Business Description

Traded in Other Exchanges
Address
Chaengwattana Road, 99/11 Village No. 4, Software Park Building, 25th Floor, Khlong Kluea Subdistrict, Pak Kret District, Nonthaburi, THA, 11120
Samart Aviation Solutions PCL is a holding company. It is engaged in providing air traffic control services in Cambodia. The Group is principally engaged in Utilities and Transportation.

Samart Aviation Solutions PCL (BKK:SAV) Headlines

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