SMVD Poly Pack (NSE:SMVD) Interest Expense : ₹-37.4 Mil (TTM As of Sep. 2023)

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What is SMVD Poly Pack Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SMVD Poly Pack's interest expense for the six months ended in Sep. 2023 was ₹ -19.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₹-37.4 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. SMVD Poly Pack's Operating Income for the six months ended in Sep. 2023 was ₹ -23.7 Mil. SMVD Poly Pack's Interest Expense for the six months ended in Sep. 2023 was ₹ -19.0 Mil. SMVD Poly Pack 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.

SMVD Poly Pack Interest Expense Historical Data

The historical data trend for SMVD Poly Pack'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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SMVD Poly Pack Interest Expense Chart

SMVD Poly Pack Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-21.68

-35.40

-35.98

-31.77

-33.86

SMVD Poly Pack Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Interest Expense	Get a 7-Day Free Trial											-15.83	-15.94	-15.45	-18.40	-19.04

SMVD Poly Pack 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-37.4 Mil.

SMVD Poly Pack (NSE:SMVD) 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.

SMVD Poly Pack's Interest Expense for the six months ended in Sep. 2023 was ₹-19.0 Mil. Its Operating Income for the six months ended in Sep. 2023 was ₹-23.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was ₹47.8 Mil.

SMVD Poly Pack's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

SMVD Poly Pack did not have earnings to cover the interest expense.

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

SMVD Poly Pack (NSE:SMVD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » SMVD Poly Pack Ltd (NSE:SMVD) » Definitions » Interest Expense

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Address

16, Strand Road, 8th Floor, Suite No.- 804B, Diamond Heritage, Kolkata, WB, IND, 700 001

Website

https://www.smvdpolypack.com

SMVD Poly Pack Ltd is an Indian company engaged in manufacturing Polypropylene/ High-Density Polyethylene woven sacks bags and sacks, Leno Bags, Jumbo (Flexible Intermediate Bulk Container) FIBC Bags, and HDPE Tarpaulin. The company serves many industries such as fertilizer plants, cement plants, chemical industries, flour mills, Steel, Plastic compounds, Rice Plants, Poultry Farms, and others. It operates through two segments: Plastic products and Water Coconut.

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