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Kaset Thai International Sugar PCL (BKK:KTIS) Interest Expense : ฿-250 Mil (TTM As of Mar. 2024)


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What is Kaset Thai International Sugar PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kaset Thai International Sugar PCL's interest expense for the three months ended in Mar. 2024 was ฿ -74 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ฿-250 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. Kaset Thai International Sugar PCL's Operating Income for the three months ended in Mar. 2024 was ฿ 585 Mil. Kaset Thai International Sugar PCL's Interest Expense for the three months ended in Mar. 2024 was ฿ -74 Mil. Kaset Thai International Sugar PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 7.91. 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.

Kaset Thai International Sugar PCL Interest Expense Historical Data

The historical data trend for Kaset Thai International Sugar 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.

* Premium members only.

Kaset Thai International Sugar PCL Interest Expense Chart

Kaset Thai International Sugar PCL Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -303.18 -213.09 -166.36 -161.99 -229.68

Kaset Thai International Sugar 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 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 -56.97 -74.70 -59.64 -42.21 -73.92

Kaset Thai International Sugar 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 ฿-250 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.

Kaset Thai International Sugar PCL  (BKK:KTIS) 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.

Kaset Thai International Sugar PCL's Interest Expense for the three months ended in Mar. 2024 was ฿-74 Mil. Its Operating Income for the three months ended in Mar. 2024 was ฿585 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ฿1,236 Mil.

Kaset Thai International Sugar 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*584.811/-73.919
=7.91

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Kaset Thai International Sugar Corp PCL interest coverage is 2.23, which is low.

Kaset Thai International Sugar PCL (BKK:KTIS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kaset Thai International Sugar Corp PCL (BKK:KTIS) » Definitions » Interest Expense
Comparable Companies
BKK:KSL BKK:BRR BKK:KBS MDLZ HSY XSWX:LISN XSWX:BARN XKRX:271560 TR TSE:2222 CAS:CSR TSE:2201 XKRX:004990 BOM:532670 BOM:500125 BOM:500038 IST:ULKER BOM:532356 NSA:DSRP SZSE:301206
Traded in Other Exchanges
N/A
Address
1/1 Moo 14, Tambon Nongpo, Amphur Taklee, Nakhon Sawan, THA, 60140
Website
https://www.ktisgroup.com
Kaset Thai International Sugar Corp PCL is principally engaged in the manufacturing and distribution of sugar, which is sold both domestically and overseas. The company's segment includes the production and distribution of the sugar segment; the production and distribution of pulp segment; the production and distribution of alcohol segment and the production and distribution of electricity segment. It derives the majority of its revenues from the production and distribution of the sugar segment.

Kaset Thai International Sugar PCL (BKK:KTIS) Headlines

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