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Pakistan State Oil Co (KAR:PSO) Interest Expense : ₨-56,427 Mil (TTM As of Mar. 2024)


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What is Pakistan State Oil Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pakistan State Oil Co's interest expense for the three months ended in Mar. 2024 was ₨ -15,875 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₨-56,427 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. Pakistan State Oil Co's Operating Income for the three months ended in Mar. 2024 was ₨ 14,753 Mil. Pakistan State Oil Co's Interest Expense for the three months ended in Mar. 2024 was ₨ -15,875 Mil. Pakistan State Oil Co's Interest Coverage for the quarter that ended in Mar. 2024 was 0.93. 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.


Pakistan State Oil Co Interest Expense Historical Data

The historical data trend for Pakistan State Oil Co'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.

Pakistan State Oil Co Interest Expense Chart

Pakistan State Oil Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9,310.57 -13,975.77 -4,357.07 -5,297.91 -41,527.68

Pakistan State Oil Co 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 -14,562.95 -13,207.87 -11,040.52 -16,303.49 -15,875.06

Pakistan State Oil Co 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 ₨-56,427 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.


Pakistan State Oil Co  (KAR:PSO) 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.

Pakistan State Oil Co's Interest Expense for the three months ended in Mar. 2024 was ₨-15,875 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₨14,753 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₨10,410 Mil.

Pakistan State Oil Co'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*14752.858/-15875.06
=0.93

* 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.


Pakistan State Oil Co (KAR:PSO) Business Description

Traded in Other Exchanges
N/A
Address
PSO House, Khayaban-e-Iqbal, Clifton, Karachi, SD, PAK, 75600
Pakistan State Oil Co Ltd is engaged in the procurement, storage, and marketing of petroleum and related products. It also blends and markets lubricating oils. It comprises three reportable segments namely Petroleum products, Liquefied Natural Gas (LNG), and Others. The majority of the company's revenues are derived from the petroleum products segment.