Precision Electronics (BOM:517258) Interest Expense : ₹-19.7 Mil (TTM As of Dec. 2024)

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What is Precision Electronics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Precision Electronics's interest expense for the three months ended in Dec. 2024 was ₹ -6.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-19.7 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. Precision Electronics's Operating Income for the three months ended in Dec. 2024 was ₹ 7.2 Mil. Precision Electronics's Interest Expense for the three months ended in Dec. 2024 was ₹ -6.9 Mil. Precision Electronics's Interest Coverage for the quarter that ended in Dec. 2024 was 1.04. 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.

Precision Electronics Interest Expense Historical Data

The historical data trend for Precision Electronics'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.

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Precision Electronics Interest Expense Chart

Precision Electronics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-20.09

-14.21

-24.01

-17.68

-17.74

Precision Electronics Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-5.90	-1.04	-5.60	-6.20	-6.90

Precision Electronics 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-19.7 Mil.

Precision Electronics (BOM:517258) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Precision Electronics's Interest Expense for the three months ended in Dec. 2024 was ₹-6.9 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹7.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0.0 Mil.

Precision Electronics's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	7.2	/	-6.9
	=	1.04

The higher the ratio, the stronger the company's financial strength is.

Precision Electronics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Precision Electronics Ltd (BOM:517258) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

D-10, Sector-3, Gautam Budh Nagar, Noida, UP, IND, 201301

Website

https://www.pel-india.in

Precision Electronics Ltd manufactures and supplies technology products and services for healthcare, hi-tech, energy, telecom, railways, defense and security, and critical infrastructure industries in India. The company operates through the Telecom and Infra Services segments. The company offers last-mile networking products and solutions, such as Multiplexers, Interface Card, Converter, Modem & Routers, Digital Radio System, Digital Voice Data Recorder, Encryptors, Mast, Antenna, PDUs and power supplies, and others. The company generates maximum revenue from Telecom segment.

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