TMT Steel Public Co (BKK:TMT) Interest Expense : ฿-180 Mil (TTM As of Mar. 2024)

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What is TMT Steel Public Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TMT Steel Public Co's interest expense for the three months ended in Mar. 2024 was ฿ -45 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ฿-180 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. TMT Steel Public Co's Operating Income for the three months ended in Mar. 2024 was ฿ 123 Mil. TMT Steel Public Co's Interest Expense for the three months ended in Mar. 2024 was ฿ -45 Mil. TMT Steel Public Co's Interest Coverage for the quarter that ended in Mar. 2024 was 2.73. 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.

TMT Steel Public Co Interest Expense Historical Data

The historical data trend for TMT Steel Public Co'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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TMT Steel Public Co Interest Expense Chart

TMT Steel Public Co Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-115.65

-82.07

-102.92

-118.71

-170.68

TMT Steel Public Co 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															-35.94	-39.51	-44.53	-50.70	-45.09

TMT Steel Public Co 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 ฿-180 Mil.

TMT Steel Public Co (BKK:TMT) 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.

TMT Steel Public Co's Interest Expense for the three months ended in Mar. 2024 was ฿-45 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 ฿1,064 Mil.

TMT Steel Public Co'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	*	122.865	/	-45.085
	=	2.73

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

TMT Steel Public Co (BKK:TMT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » TMT Steel Public Co Ltd (BKK:TMT) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

179 South Sathorn Road, 22nd Floor, Bangkok City Tower, Thungmahamek, Sathorn, Bangkok, THA, 10120

Website

https://www.tmtsteel.co.th

TMT Steel Public Co Ltd operates as a total steel solutions provider. It is engaged in fabricating and selling structural steel plates and sheets. The company offers flat products, including hot-rolled coils, hot-rolled plates and sheets, steel flat bars, and checkered plates; long products, such as hot and cold-formed structural steel sections; and steel tables. In addition, it also provides steel processing and cold-forming services. Geographically all the business activity functions through the region of Thailand.

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