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Blue Chip Tex Industries (BOM:506981) Interest Expense : ₹-3 Mil (TTM As of Jun. 2024)


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What is Blue Chip Tex Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Blue Chip Tex Industries's interest expense for the three months ended in Jun. 2024 was ₹ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ₹-3 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. Blue Chip Tex Industries's Operating Income for the three months ended in Jun. 2024 was ₹ -3 Mil. Blue Chip Tex Industries's Interest Expense for the three months ended in Jun. 2024 was ₹ -1 Mil. Blue Chip Tex Industries 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.


Blue Chip Tex Industries Interest Expense Historical Data

The historical data trend for Blue Chip Tex 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.

* Premium members only.

Blue Chip Tex Industries Interest Expense Chart

Blue Chip Tex Industries 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 -20.73 -14.68 -8.71 -5.85 -4.02

Blue Chip Tex Industries Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -1.29 -1.22 -1.05 -0.47 -0.52

Blue Chip Tex 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-3 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.


Blue Chip Tex Industries  (BOM:506981) 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.

Blue Chip Tex Industries's Interest Expense for the three months ended in Jun. 2024 was ₹-1 Mil. Its Operating Income for the three months ended in Jun. 2024 was ₹-3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ₹0 Mil.

Blue Chip Tex Industries's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Blue Chip Tex Industries 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.


Blue Chip Tex Industries Business Description

Traded in Other Exchanges
N/A
Address
Jamnalal Bajaj Road, Office no. 15,16 and 17, Maker Chambers-III, 1st Floor, Nariman Point, Mumbai, MH, IND, 400021
Blue Chip Tex Industries Ltd is an India based company engaged in the business of Polyester Texturised. It is a manufacturer of synthetic or artificial filament yarn, tenacity yarn including high tenacity yarn. The company's main business segment is manufacturing of polyester texturised yarn and sale in the domestic market.

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