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Tirathai PCL (BKK:TRT) Interest Expense : ฿-85 Mil (TTM As of Mar. 2024)


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What is Tirathai PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tirathai PCL's interest expense for the three months ended in Mar. 2024 was ฿ -23 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ฿-85 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. Tirathai PCL's Operating Income for the three months ended in Mar. 2024 was ฿ 176 Mil. Tirathai PCL's Interest Expense for the three months ended in Mar. 2024 was ฿ -23 Mil. Tirathai PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 7.56. 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.


Tirathai PCL Interest Expense Historical Data

The historical data trend for Tirathai 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.

Tirathai PCL Interest Expense Chart

Tirathai 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 -62.61 -65.94 -47.90 -44.76 -75.19

Tirathai 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 -13.70 -16.60 -21.98 -22.91 -23.23

Tirathai 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 ฿-85 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.


Tirathai PCL  (BKK:TRT) 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.

Tirathai PCL's Interest Expense for the three months ended in Mar. 2024 was ฿-23 Mil. Its Operating Income for the three months ended in Mar. 2024 was ฿176 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ฿249 Mil.

Tirathai 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*175.547/-23.227
=7.56

* 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.


Tirathai PCL (BKK:TRT) Business Description

Traded in Other Exchanges
N/A
Address
516/1 Moo 4, Sukhumvit Road, Bangpoo Industrial Estate, Amphoe Mueang, Samutprakarn, THA, 10280
Tirathai PCL is a Thailand-based company mainly involved in the business of manufacturing, repairing and maintenance service of transformer and sales of transformer equipment. In addition, it is also involved in general custom metalwork service. It offers Power transformers, Distribution transformers and Special transformer. The company's operations are located in Thailand and other countries, of which key revenue is derived from Thailand.

Tirathai PCL (BKK:TRT) Headlines