Bangkok Aviation Fuel Services PCL (BKK:BAFS) Interest Expense : ฿-626 Mil (TTM As of Mar. 2024)

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What is Bangkok Aviation Fuel Services PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bangkok Aviation Fuel Services PCL's interest expense for the three months ended in Mar. 2024 was ฿ -153 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ฿-626 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. Bangkok Aviation Fuel Services PCL's Operating Income for the three months ended in Mar. 2024 was ฿ 237 Mil. Bangkok Aviation Fuel Services PCL's Interest Expense for the three months ended in Mar. 2024 was ฿ -153 Mil. Bangkok Aviation Fuel Services PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 1.55. 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.

Bangkok Aviation Fuel Services PCL Interest Expense Historical Data

The historical data trend for Bangkok Aviation Fuel Services 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.

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Bangkok Aviation Fuel Services PCL Interest Expense Chart

Bangkok Aviation Fuel Services PCL Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-196.32

-280.60

-396.31

-540.05

-626.64

Bangkok Aviation Fuel Services 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															-153.06	-158.46	-155.66	-159.46	-152.61

Bangkok Aviation Fuel Services 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 ฿-626 Mil.

Bangkok Aviation Fuel Services PCL (BKK:BAFS) 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.

Bangkok Aviation Fuel Services PCL's Interest Expense for the three months ended in Mar. 2024 was ฿-153 Mil. Its Operating Income for the three months ended in Mar. 2024 was ฿237 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ฿11,093 Mil.

Bangkok Aviation Fuel Services 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	*	236.665	/	-152.607
	=	1.55

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Bangkok Aviation Fuel Services PCLs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Bangkok Aviation Fuel Services PCL (BKK:BAFS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Bangkok Aviation Fuel Services PCL (BKK:BAFS) » Definitions » Interest Expense

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Address

171/2 Kamphang Phet 6 Road, Don Mueang, Khet Don Mueang, Bangkok, THA, 10210

Website

https://www.bafsthai.com

Bangkok Aviation Fuel Services PCL provides fuel services and storage for multiple airports in Thailand. The company transports fuel through pipelines, and owns storage tanks to handle different variations of fuel. It coordinates filters, water separators, and control rooms to transform the fuel into ready-to-use conditions. In addition, portions of the process are automated and heavily monitored due to the volatile nature of its products, and the company runs a service facility to help command the refueling operations. Bangkok Aviation services multiple airlines, and incorporates technology to improve efficiency while following regulations. Its fuel services provide for domestic (Thailand) and international flights (majority of total flights).

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