Crown Paints Kenya (NAI:CRWN) Interest Expense : KES-216 Mil (TTM As of Dec. 2022)

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What is Crown Paints Kenya Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Crown Paints Kenya's interest expense for the six months ended in Dec. 2022 was KES -216 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 was KES-216 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. Crown Paints Kenya's Operating Income for the six months ended in Dec. 2022 was KES 1,218 Mil. Crown Paints Kenya's Interest Expense for the six months ended in Dec. 2022 was KES -216 Mil. Crown Paints Kenya's Interest Coverage for the quarter that ended in Dec. 2022 was 5.64. 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.

Crown Paints Kenya Interest Expense Historical Data

The historical data trend for Crown Paints Kenya'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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Crown Paints Kenya Interest Expense Chart

Crown Paints Kenya Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-275.06

-305.35

-241.97

-183.29

-216.11

Crown Paints Kenya Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Interest Expense	Get a 7-Day Free Trial										-275.06	-305.35	-241.97	-183.29	-216.11

Crown Paints Kenya Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2022 was KES-216 Mil.

Crown Paints Kenya (NAI:CRWN) 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.

Crown Paints Kenya's Interest Expense for the six months ended in Dec. 2022 was KES-216 Mil. Its Operating Income for the six months ended in Dec. 2022 was KES1,218 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was KES401 Mil.

Crown Paints Kenya's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2022 )	/	Interest Expense (Q: Dec. 2022 )
	=	-1	*	1218.029	/	-216.11
	=	5.64

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

Crown Paints Kenya (NAI:CRWN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Crown Paints Kenya Ltd (NAI:CRWN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Likoni Road, Industrial Area, P.O. Box 78848, Nairobi, KEN, 00507

Website

https://www.crownpaints.co.ke

Crown Paints Kenya Ltd is a Kenya-based paint manufacturer. The company comprises two business segments - Paints and Adhesives. The Paints segment manufactures and sells paints, decorating sundries, polyvinyl acetate emulsion, and alkyd resins producer. The Adhesives segment manufactures and sells adhesives. It offers decorative paints, automotive paints, industrial paints, road marking paints, and thinners. The company generates majority of its revenue from Paints segment. The company does its sales via geographical segments that include Kenya, Uganda, Tanzania, Rwanda, and others.