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Greenply Industries (BOM:526797) Interest Expense : ₹-433 Mil (TTM As of Mar. 2024)


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What is Greenply Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Greenply Industries's interest expense for the three months ended in Mar. 2024 was ₹ 77 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-433 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. Greenply Industries's Operating Income for the three months ended in Mar. 2024 was ₹ 395 Mil. Greenply Industries's Interest Expense for the three months ended in Mar. 2024 was ₹ 77 Mil. Greenply Industries did not have earnings to cover the interest expense. 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.


Greenply Industries Interest Expense Historical Data

The historical data trend for Greenply Industries'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.

Greenply Industries Interest Expense Chart

Greenply Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -198.98 -150.04 -119.32 -90.78 -433.46

Greenply Industries 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 95.73 -129.67 -177.55 -203.61 77.37

Greenply Industries 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 ₹-433 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.


Greenply Industries  (BOM:526797) 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.

Greenply Industries's Interest Expense for the three months ended in Mar. 2024 was ₹77 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹395 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹4,063 Mil.

Greenply Industries's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

* 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.


Greenply Industries (BOM:526797) Business Description

Traded in Other Exchanges
Address
23 Chetla Central Road, 5th and 6th Floor, Madgul Lounge, Kolkata, WB, IND, 700027
Greenply Industries Ltd is an interior infrastructure company that manufactures and markets wood and plywood products. The company's product portfolio consists of plywood and block boards, Doors, decorative veneers, Pvc Products, and Specialty plywood. Its segments consist of Plywood and Allied products and Medium Density Fibre Boards and allied products. The company generates all of its revenue from Plywood and Allied products.

Greenply Industries (BOM:526797) Headlines

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