Lakshmi Precision Screws (BOM:506079) Interest Expense: ₹-368 Mil (TTM As of Mar. 2017)

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What is Lakshmi Precision Screws Interest Expense?

Lakshmi Precision Screws BOM:506079 Interest Expense is ₹-368 Mil as of Mar. 2017.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lakshmi Precision Screws's interest expense for the six months ended in Mar. 2017 was ₹ -368 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2017 was ₹-368 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. Lakshmi Precision Screws's Operating Income for the six months ended in Mar. 2017 was ₹ -138 Mil. Lakshmi Precision Screws's Interest Expense for the six months ended in Mar. 2017 was ₹ -368 Mil. Lakshmi Precision Screws 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.

Lakshmi Precision Screws  (BOM:506079) 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.

Lakshmi Precision Screws's Interest Expense for the six months ended in Mar. 2017 was ₹-368 Mil. Its Operating Income for the six months ended in Mar. 2017 was ₹-138 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2017 was ₹624 Mil.

Lakshmi Precision Screws's Interest Coverage for the quarter that ended in Mar. 2017 is calculated as

Lakshmi Precision Screws did not have earnings to cover the interest expense.

* 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.

Lakshmi Precision Screws Interest Expense Historical Data

* Premium members only.

The historical data trend for Lakshmi Precision Screws'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.

Lakshmi Precision Screws Interest Expense Chart

Lakshmi Precision Screws Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -318.07 -319.34 -325.11 -330.99 -368.49

Lakshmi Precision Screws Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only -318.07 -319.34 -325.11 -330.99 -368.49

Lakshmi Precision Screws Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Mar. 2017 was ₹-368 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ₹-368 Mil mean?
Lakshmi Precision Screws (BOM:506079) has a Interest Expense of ₹-368 Mil as of Mar. 2017. Interest Expense is the amount a company pays on its long-term debt. View historical data on Lakshmi Precision Screws and its competitors.
Is Lakshmi Precision Screws' Interest Expense too high?
Lakshmi Precision Screws' current Interest Expense is ₹-368 Mil.
How does Lakshmi Precision Screws' Interest Expense compare to TXHG and TBLT?
Lakshmi Precision Screws' Interest Expense of ₹-368 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Industrial Products company?
A good Interest Expense depends on the Industrial Products industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Lakshmi Precision Screws and its competitors. Lakshmi Precision Screws's current Interest Expense is ₹-368 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lakshmi Precision Screws stock overvalued right now?
Lakshmi Precision Screws (BOM:506079) has a current Interest Expense of ₹-368 Mil. The current Interest Expense is ₹-368 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Lakshmi Precision Screws (BOM:506079), the current Interest Expense is ₹-368 Mil as of Mar. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Lakshmi Precision Screws Business Description

Address Hisar Road, 46/1, Mile Stone, Rohtak, HR, IND, 124001
Lakshmi Precision Screws Ltd is engaged in the business of manufacturing high-tensile fasteners. The product portfolio includes - Bolts and Screws, Pins, Nuts, Allen Key, Anchor Bush, Hammer, Wedges, Threaded road, Ball pins, Clevis pins, and many others. The company caters to the need of many sectors like Wind energy, Automotive, Defence, Electronic and communication, Construction, Agriculture, Tool and die, Oil and gas. The company's area of operation comprises four manufacturing units spread across an area of about 1,00,000 sqm.