Pavna Industries (NSE:PAVNAIND) Interest Expense : ₹-111 Mil (TTM As of Mar. 2024)

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What is Pavna Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pavna Industries's interest expense for the three months ended in Mar. 2024 was ₹ -29 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-111 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. Pavna Industries's Operating Income for the three months ended in Mar. 2024 was ₹ 66 Mil. Pavna Industries's Interest Expense for the three months ended in Mar. 2024 was ₹ -29 Mil. Pavna Industries's Interest Coverage for the quarter that ended in Mar. 2024 was 2.28. 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.

Pavna Industries Interest Expense Historical Data

The historical data trend for Pavna 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.

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Pavna Industries Interest Expense Chart

Pavna Industries Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-34.68

-51.47

-82.12

-108.73

-110.77

Pavna Industries Quarterly Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial									-31.89	-27.12	-27.27	-27.25	-29.13

Pavna 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 ₹-111 Mil.

Pavna Industries (NSE:PAVNAIND) 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.

Pavna Industries's Interest Expense for the three months ended in Mar. 2024 was ₹-29 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹66 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹160 Mil.

Pavna Industries'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	*	66.458	/	-29.13
	=	2.28

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

Pavna Industries (NSE:PAVNAIND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Pavna Industries Ltd (NSE:PAVNAIND) » Definitions » Interest Expense

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543915:India

Address

Vimlanchal, Hari Nagar, Gopalpuri, Aligarh, UP, IND, 202001

Website

https://www.pavnagroup.com

Pavna Industries Ltd is engaged in the business of manufacturing automotive parts, providing solutions for automobile applications, and serving automobile and other applications. The company products include fuel tank caps, fuel cocks & Pumps, Casting & engine components, switches handles, etc.

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