GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ibrahim Fibres Ltd (KAR:IBFL) » Definitions » Interest Expense

Ibrahim Fibres (KAR:IBFL) Interest Expense : ₨-2,342 Mil (TTM As of Mar. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Ibrahim Fibres Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ibrahim Fibres's interest expense for the three months ended in Mar. 2024 was ₨ -592 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₨-2,342 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. Ibrahim Fibres's Operating Income for the three months ended in Mar. 2024 was ₨ 1,372 Mil. Ibrahim Fibres's Interest Expense for the three months ended in Mar. 2024 was ₨ -592 Mil. Ibrahim Fibres's Interest Coverage for the quarter that ended in Mar. 2024 was 2.32. 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.


Ibrahim Fibres Interest Expense Historical Data

The historical data trend for Ibrahim Fibres'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.

Ibrahim Fibres Interest Expense Chart

Ibrahim Fibres Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -610.16 -1,616.44 -955.66 -626.89 -1,992.66

Ibrahim Fibres 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 -243.37 -326.84 -497.04 -925.41 -592.35

Ibrahim Fibres 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 ₨-2,342 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.


Ibrahim Fibres  (KAR:IBFL) 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.

Ibrahim Fibres's Interest Expense for the three months ended in Mar. 2024 was ₨-592 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₨1,372 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₨4,158 Mil.

Ibrahim Fibres'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*1372.353/-592.353
=2.32

* 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.


Ibrahim Fibres (KAR:IBFL) Business Description

Traded in Other Exchanges
N/A
Address
15 - Club Road, Ibrahim Centre, Faisalabad, PB, PAK, 38000
Ibrahim Fibres Ltd is engaged in Textile manufacturing. Its activities include Polyester Yarn production, Polyester Staple Fibre Production, Financial Services, and Energy. Its Polyester Plants produce a wide range of Polyester Staple Fibre (PSF) in different varieties, lusters, cut lengths, and fineness.

Ibrahim Fibres (KAR:IBFL) Headlines

No Headlines