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Paras Petrofils (BOM:521246) Interest Expense : ₹-0.08 Mil (TTM As of Sep. 2024)


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What is Paras Petrofils Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Paras Petrofils's interest expense for the three months ended in Sep. 2024 was ₹ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-0.08 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. Paras Petrofils's Operating Income for the three months ended in Sep. 2024 was ₹ -0.40 Mil. Paras Petrofils's Interest Expense for the three months ended in Sep. 2024 was ₹ 0.00 Mil. Paras Petrofils has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Paras Petrofils Interest Expense Historical Data

The historical data trend for Paras Petrofils'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.

Paras Petrofils Interest Expense Chart

Paras Petrofils 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 -0.01 -0.01 -0.01 -0.01 -0.09

Paras Petrofils Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.01 - -0.07 - -

Paras Petrofils 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-0.08 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.


Paras Petrofils  (BOM:521246) 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.

Paras Petrofils's Interest Expense for the three months ended in Sep. 2024 was ₹0.00 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₹-0.40 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₹0.00 Mil.

Paras Petrofils's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Paras Petrofils had no long-term debt (1).

* 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.


Paras Petrofils Business Description

Traded in Other Exchanges
Address
Khatodara Road, Opposite Apple Hospital, 1st Floor, Dhamanwnla Complex, Udhana, Surat, GJ, IND, 395002
Paras Petrofils Ltd is engaged in the business of manufacturing nylon and polyester yarn, trading of fabric and commission activity.

Paras Petrofils Headlines

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