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GMM Pfaudler (NSE:GMMPFAUDLR) Interest Expense : ₹-948 Mil (TTM As of Mar. 2024)


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What is GMM Pfaudler Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GMM Pfaudler's interest expense for the three months ended in Mar. 2024 was ₹ -300 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-948 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. GMM Pfaudler's Operating Income for the three months ended in Mar. 2024 was ₹ 418 Mil. GMM Pfaudler's Interest Expense for the three months ended in Mar. 2024 was ₹ -300 Mil. GMM Pfaudler's Interest Coverage for the quarter that ended in Mar. 2024 was 1.39. 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.


GMM Pfaudler Interest Expense Historical Data

The historical data trend for GMM Pfaudler'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.

GMM Pfaudler Interest Expense Chart

GMM Pfaudler 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 -23.71 -79.90 -176.50 -665.70 -947.70

GMM Pfaudler 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 -214.20 -203.10 -215.10 -229.90 -299.60

GMM Pfaudler 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 ₹-948 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.


GMM Pfaudler  (NSE:GMMPFAUDLR) 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.

GMM Pfaudler's Interest Expense for the three months ended in Mar. 2024 was ₹-300 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹418 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹6,569 Mil.

GMM Pfaudler'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*417.5/-299.6
=1.39

* 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.


GMM Pfaudler (NSE:GMMPFAUDLR) Business Description

Traded in Other Exchanges
Address
Sewri - Chembur Road, 902 Lodha Excelus, Commercial Tower 1, New Cuffe Parade, Mumbai, MH, IND, 400 037
GMM Pfaudler Ltd is an India-based company engaged in manufacturing corrosion-resistant glass-lined equipment used primarily in the chemical, pharmaceutical, and allied industries. In addition, it also manufactures flouro-polymer products and other chemical process equipment such as agitated nutsche filters, filter driers, wiped film evaporators, and mixing systems. It serves pharmaceutical, specialty chemicals, agrochemicals, and other chemical processing industries. The company operates in India and internationally, and derives maximum revenue from the Indian market.

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