Primuss Pipes & Tubes (BOM:513291) Interest Expense: ₹-32.0 Mil (TTM As of Dec. 2019)

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BOM:513291 Primuss Pipes & Tubes Ltd BOM:513291
4 GF Score
Price ₹2.68
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What is Primuss Pipes & Tubes Interest Expense?

Primuss Pipes & Tubes BOM:513291 4 Interest Expense is ₹-32.0 Mil as of Dec. 2019. GuruFocus rates BOM:513291 with a GF Score™ of 4/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Primuss Pipes & Tubes's interest expense for the three months ended in Dec. 2019 was ₹ -6.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2019 was ₹-32.0 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. Primuss Pipes & Tubes's Operating Income for the three months ended in Dec. 2019 was ₹ -119.4 Mil. Primuss Pipes & Tubes's Interest Expense for the three months ended in Dec. 2019 was ₹ -6.9 Mil. Primuss Pipes & Tubes 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.

Primuss Pipes & Tubes  (BOM:513291) 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.

Primuss Pipes & Tubes's Interest Expense for the three months ended in Dec. 2019 was ₹-6.9 Mil. Its Operating Income for the three months ended in Dec. 2019 was ₹-119.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2019 was ₹0.0 Mil.

Primuss Pipes & Tubes's Interest Coverage for the quarter that ended in Dec. 2019 is calculated as

Primuss Pipes & Tubes 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.

Primuss Pipes & Tubes Interest Expense Historical Data

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The historical data trend for Primuss Pipes & Tubes'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.

Primuss Pipes & Tubes Interest Expense Chart

Primuss Pipes & Tubes Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.46 -11.90 -11.82 -20.82 -24.27

Primuss Pipes & Tubes Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 -4.01 -10.33 -8.35 -6.47 -6.88
BOM:513291
4GF Score
Primuss Pipes & Tubes Ltd BOM:513291
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Primuss Pipes & Tubes 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-32.0 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 ₹-32.0 Mil mean?
Primuss Pipes & Tubes (BOM:513291) has a Interest Expense of ₹-32.0 Mil as of Dec. 2019. Interest Expense is the amount a company pays on its long-term debt. View historical data on Primuss Pipes & Tubes and its competitors.
Is Primuss Pipes & Tubes' Interest Expense too high?
Primuss Pipes & Tubes' current Interest Expense is ₹-32.0 Mil. Overall, Primuss Pipes & Tubes has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Primuss Pipes & Tubes' Interest Expense compare to NUE?
Primuss Pipes & Tubes' Interest Expense of ₹-32.0 Mil can be compared against companies in the Steel 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 a Steel company?
A good Interest Expense depends on the Steel 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 Primuss Pipes & Tubes and its competitors. Primuss Pipes & Tubes's current Interest Expense is ₹-32.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primuss Pipes & Tubes stock overvalued right now?
Primuss Pipes & Tubes (BOM:513291) has a current Interest Expense of ₹-32.0 Mil. The current Interest Expense is ₹-32.0 Mil. Primuss Pipes & Tubes' overall GF Score™ is 4/100. 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 Primuss Pipes & Tubes (BOM:513291), the current Interest Expense is ₹-32.0 Mil as of Dec. 2019. 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.

Primuss Pipes & Tubes Business Description

Address Arya Nagar, 8/225-A, 2nd Floor, Kanpur, UP, IND, 208 002
Primuss Pipes & Tubes Ltd is engaged in manufacturing iron and steel products including black steel tubes, G.I. steel tubes, steel tubular poles, and PVC pipes. The steel pipes and tubes are used for water pipelines, sewerage system, agriculture and irrigation, industrial water lines and plant piping, whereas the tubular poles are available in a wide range of sizes and can be galvanized, painted, or powder coated and it is used for street light poles, sports, and stadium lighting, highway light poles - single hang and others.
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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