Bangkok Expressway and Metro PCL (BKK:BEM) Interest Expense : ฿-2,381 Mil (TTM As of Mar. 2024)

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What is Bangkok Expressway and Metro PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bangkok Expressway and Metro PCL's interest expense for the three months ended in Mar. 2024 was ฿ -601 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ฿-2,381 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 Expressway and Metro PCL's Operating Income for the three months ended in Mar. 2024 was ฿ 1,662 Mil. Bangkok Expressway and Metro PCL's Interest Expense for the three months ended in Mar. 2024 was ฿ -601 Mil. Bangkok Expressway and Metro PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 2.77. 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 Expressway and Metro PCL Interest Expense Historical Data

The historical data trend for Bangkok Expressway and Metro 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 Expressway and Metro PCL Interest Expense Chart

Bangkok Expressway and Metro PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1,670.33

-2.09

-2,163.89

-2,334.71

-2,350.17

Bangkok Expressway and Metro 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															-572.45	-600.70	-602.21	-577.15	-600.59

Bangkok Expressway and Metro 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 ฿-2,381 Mil.

Bangkok Expressway and Metro PCL (BKK:BEM) 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 Expressway and Metro PCL's Interest Expense for the three months ended in Mar. 2024 was ฿-601 Mil. Its Operating Income for the three months ended in Mar. 2024 was ฿1,662 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ฿58,960 Mil.

Bangkok Expressway and Metro 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	*	1662.171	/	-600.588
	=	2.77

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 Expressway and Metro PCL interest coverage is 2.67, which is low.

Bangkok Expressway and Metro PCL (BKK:BEM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Bangkok Expressway and Metro PCL (BKK:BEM) » Definitions » Interest Expense

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BEM-F:Thailand

Address

587 Sutthisarn Road, Ratchacaphisek Subdistrict, Dindaeng District, Bangkok, THA, 10310

Website

https://www.bemplc.co.th

Bangkok Expressway and Metro PCL and its subsidiaries are engaged in the construction and management of expressways and the operation of metro lines in Thailand. In conjunction with the operation of the Metro Blue Line, the company also handles the advertising and telecommunications maintenance in the trains and stations. Its segments include the Expressway business segment; Rail business segment; Commercial development business segment; and Other segments. The maximum revenue is derived from the Expressway business segment. Additionally, the company leases the retail spaces in the Blue Line metro stations as well as the areas around the expressways.