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Agio Paper & Industries (BOM:516020) Interest Expense : ₹-9.35 Mil (TTM As of Mar. 2024)


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What is Agio Paper & Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Agio Paper & Industries's interest expense for the three months ended in Mar. 2024 was ₹ -2.44 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-9.35 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. Agio Paper & Industries's Operating Income for the three months ended in Mar. 2024 was ₹ 0.61 Mil. Agio Paper & Industries's Interest Expense for the three months ended in Mar. 2024 was ₹ -2.44 Mil. Agio Paper & Industries's Interest Coverage for the quarter that ended in Mar. 2024 was 0.25. 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.


Agio Paper & Industries Interest Expense Historical Data

The historical data trend for Agio Paper & 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.

Agio Paper & Industries Interest Expense Chart

Agio Paper & 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 -6.04 -6.67 -7.39 -8.34 -9.35

Agio Paper & Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -2.17 -2.24 -2.30 -2.37 -2.44

Agio Paper & 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-9.35 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.


Agio Paper & Industries  (BOM:516020) 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.

Agio Paper & Industries's Interest Expense for the three months ended in Mar. 2024 was ₹-2.44 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹0.61 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹99.36 Mil.

Agio Paper & Industries's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*0.612/-2.435
=0.25

* 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.


Agio Paper & Industries (BOM:516020) Business Description

Traded in Other Exchanges
N/A
Address
41 A, AJC Bose Road, Suite No. 505, Diamond Prestige, Kolkata, WB, IND, 700071
Agio Paper & Industries Ltd manufactures and sells writing and printing paper in India. The company's paper products are used in various applications, such as printing books, textbooks, brochures, and pamphlets, as well as notebooks, and office and computer stationery. The company sells its products through a distributor network in the states of India.

Agio Paper & Industries (BOM:516020) Headlines

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