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Prism Johnson (BOM:500338) Interest Expense : ₹-1,870 Mil (TTM As of Dec. 2023)


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What is Prism Johnson Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Prism Johnson's interest expense for the three months ended in Dec. 2023 was ₹ -492 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-1,870 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. Prism Johnson's Operating Income for the three months ended in Dec. 2023 was ₹ 343 Mil. Prism Johnson's Interest Expense for the three months ended in Dec. 2023 was ₹ -492 Mil. Prism Johnson's Interest Coverage for the quarter that ended in Dec. 2023 was 0.70. 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.


Prism Johnson Interest Expense Historical Data

The historical data trend for Prism Johnson'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.

Prism Johnson Interest Expense Chart

Prism Johnson Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,271.20 -2,431.40 -2,027.00 -1,779.20 -1,820.10

Prism Johnson Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -494.20 -458.10 -484.50 -435.00 -492.40

Prism Johnson 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-1,870 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.


Prism Johnson  (BOM:500338) 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.

Prism Johnson's Interest Expense for the three months ended in Dec. 2023 was ₹-492 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹343 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

Prism Johnson's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*343/-492.4
=0.70

* 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.


Prism Johnson (BOM:500338) Business Description

Traded in Other Exchanges
Address
Vallabhai Patel Road, 2nd Floor, Rahejas, Main Avenue, Santacruz (West), Mumbai, MH, IND, 400 054
Prism Johnson Ltd is an integrated building materials company that makes cement products. Prism creates Portland pozzolana cement and sells it under multiple brand names that include Champion, Hi-Tech, and DuraTech. Prism operates two subsidiaries that supplement its core cement offerings: H&R Johnson and RMC Readymix. H&R Johnson builds sanitary products and ceramic tiles for kitchens and bathrooms. RMC Readymix sells ready-mixed concrete under brand names that include Enviroprotectcrete, Thermocrete, and Dycrete. It has three business segments Cement; Tile and Bath (HRJ) and Ready Mixed Concrete (RMC). The company generates the vast majority of its revenue in India.

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