Hub Power Co (KAR:HUBC) Interest Expense : ₨-26,584 Mil (TTM As of Mar. 2024)

View and export this data going back to 1993. Start your Free Trial

What is Hub Power Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hub Power Co's interest expense for the three months ended in Mar. 2024 was ₨ -6,209 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₨-26,584 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. Hub Power Co's Operating Income for the three months ended in Mar. 2024 was ₨ 15,816 Mil. Hub Power Co's Interest Expense for the three months ended in Mar. 2024 was ₨ -6,209 Mil. Hub Power Co's Interest Coverage for the quarter that ended in Mar. 2024 was 2.55. 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.

Hub Power Co Interest Expense Historical Data

The historical data trend for Hub Power 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.

* Premium members only.

Hub Power Co Interest Expense Chart

Hub Power Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

Get a 7-Day Free Trial

-6,967.43

-11,352.30

-6,834.18

-7,371.72

-18,044.37

Hub Power 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															-4,411.26	-7,088.22	-6,721.66	-6,565.36	-6,209.19

Hub Power 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 ₨-26,584 Mil.

Hub Power Co (KAR:HUBC) 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.

Hub Power Co's Interest Expense for the three months ended in Mar. 2024 was ₨-6,209 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₨15,816 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₨91,837 Mil.

Hub Power 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	*	15816.429	/	-6209.191
	=	2.55

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

Hub Power Co (KAR:HUBC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Hub Power Co Ltd (KAR:HUBC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

G-3, Block-9, Main Clifton Road, P.O. Box No. 13841, 9th Floor, Ocean Tower, Karachi, PAK, 75600

Website

https://www.hubpower.com

Hub Power Co Ltd is a part of the energy sector in Pakistan. It is the independent power producers that supplies reliable and uninterrupted electricity to the National grid. The company has four segments, which are power generation business, which includes the Hub plant, Narowal plant, Laraib plant & Thar plant, operations and maintenance business and investments in CPHGC, TEL, TNPTL, SECMC, Prime and CPHO. The company derives the majority of its revenue through the Hub, and thar plant segment, which deals with the generation of power.