Inoue Rubber (Thailand) PCL (BKK:IRC) Interest Expense : ฿-0 Mil (TTM As of Mar. 2024)

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What is Inoue Rubber (Thailand) PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Inoue Rubber (Thailand) PCL's interest expense for the three months ended in Mar. 2024 was ฿ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ฿-0 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. Inoue Rubber (Thailand) PCL's Operating Income for the three months ended in Mar. 2024 was ฿ 82 Mil. Inoue Rubber (Thailand) PCL's Interest Expense for the three months ended in Mar. 2024 was ฿ -0 Mil. Inoue Rubber (Thailand) PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 13,668.17. 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.

Inoue Rubber (Thailand) PCL Interest Expense Historical Data

The historical data trend for Inoue Rubber (Thailand) 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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Inoue Rubber (Thailand) PCL Interest Expense Chart

Inoue Rubber (Thailand) PCL Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

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-0.06

-0.05

-0.04

Inoue Rubber (Thailand) 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															-0.01	-0.01	-0.01	-0.01	-0.01

Inoue Rubber (Thailand) 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 ฿-0 Mil.

Inoue Rubber (Thailand) PCL (BKK:IRC) 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.

Inoue Rubber (Thailand) PCL's Interest Expense for the three months ended in Mar. 2024 was ฿-0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ฿82 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ฿0 Mil.

Inoue Rubber (Thailand) 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	*	82.009	/	-0.006
	=	13,668.17

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Inoue Rubber (Thailand) PCL has enough cash to cover all of its debt. Its financial situation is stable.

Inoue Rubber (Thailand) PCL (BKK:IRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Inoue Rubber (Thailand) PCL (BKK:IRC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 258, Soi Rangsit-Nakornnayok 49, Prachathipat Sub-district, Thanyaburi District, Pathumthani, THA, 12130

Website

https://www.ircthailand.com

Inoue Rubber (Thailand) PCL is principally engaged in the manufacture and distribution of Automotive Elastomer Products, motorcycle tires, tubes, and industrial elastomer rubber parts. Geographically, it derives a majority of its revenue from Thailand. The company's reportable segments includes geographical areas that are Local and Export, out of which key revenue is generated from Local Segment. Its products involve Automotive Elastomer Products, Motorcycle Tires and Tubes and Industrial Elastomer Parts.