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Gujarat Poly Electronics (BOM:517288) Interest Expense : ₹-0.4 Mil (TTM As of Dec. 2024)


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What is Gujarat Poly Electronics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gujarat Poly Electronics's interest expense for the three months ended in Dec. 2024 was ₹ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-0.4 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. Gujarat Poly Electronics's Operating Income for the three months ended in Dec. 2024 was ₹ 3.9 Mil. Gujarat Poly Electronics's Interest Expense for the three months ended in Dec. 2024 was ₹ -0.1 Mil. Gujarat Poly Electronics's Interest Coverage for the quarter that ended in Dec. 2024 was 44.28. 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.


Gujarat Poly Electronics Interest Expense Historical Data

The historical data trend for Gujarat Poly 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.

* Premium members only.

Gujarat Poly Electronics Interest Expense Chart

Gujarat Poly Electronics 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 -0.14 -0.07 -0.12 -0.15 -0.34

Gujarat Poly 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 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 -0.08 -0.08 -0.09 -0.09 -0.09

Gujarat Poly 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 ₹-0.4 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.


Gujarat Poly Electronics  (BOM:517288) 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.

Gujarat Poly Electronics's Interest Expense for the three months ended in Dec. 2024 was ₹-0.1 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹3.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0.0 Mil.

Gujarat Poly 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*3.941/-0.089
=44.28

* 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.


Gujarat Poly Electronics Business Description

Traded in Other Exchanges
N/A
Address
7, Jamshedji Tata Road, Oriental House, 5th Floor, Church Gate Reclamation, Mumbai, MH, IND, 400 020
Gujarat Poly Electronics Ltd is engaged in the manufacturing, distribution, and marketing of markets ceramic capacitors and varistors. Its portfolio includes products like Single-layer ceramic capacitors; Multilayer ceramic capacitors and, Metal oxide varistors. In addition, the company also supplies various equipment like computer and computer peripherals, instrumentations and industrial electronics, consumer electronics, defense electronics, telecommunications, and other related products. The majority of its revenue comes from the Indian market.

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