Candour Techtex (BOM:522292) Interest Expense : ₹-28 Mil (TTM As of Jun. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Candour Techtex Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Candour Techtex's interest expense for the three months ended in Jun. 2024 was ₹ -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ₹-28 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. Candour Techtex's Operating Income for the three months ended in Jun. 2024 was ₹ 12 Mil. Candour Techtex's Interest Expense for the three months ended in Jun. 2024 was ₹ -7 Mil. Candour Techtex's Interest Coverage for the quarter that ended in Jun. 2024 was 1.63. 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.

Candour Techtex Interest Expense Historical Data

The historical data trend for Candour Techtex'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.

Candour Techtex Interest Expense Chart

Candour Techtex Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-4.67

-5.81

-4.72

-5.11

-25.59

Candour Techtex Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Interest Expense	Get a 7-Day Free Trial															-4.95	-5.90	-6.72	-8.02	-7.39

Candour Techtex 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-28 Mil.

Candour Techtex (BOM:522292) 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.

Candour Techtex's Interest Expense for the three months ended in Jun. 2024 was ₹-7 Mil. Its Operating Income for the three months ended in Jun. 2024 was ₹12 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ₹0 Mil.

Candour Techtex's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	12.087	/	-7.393
	=	1.63

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

Candour Techtex Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Candour Techtex Ltd (BOM:522292) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

52, S.K. Ahire Marg, 108/109, T.V. Industrial Estate, Worli, Mumbai, MH, IND, 400 030

Website

https://www.cteil.com

Candour Techtex Ltd is an India-based textile machinery manufacturer of two-for-one twisting machines (TFO). In addition, it also manufactures velvet fabrics. The operating segments of the company are the Textile division; Plastic division, Trading Division and Technical Textiles Division. It derives maximum revenue from the Trading division. The organization also manufactures plastic crates and other allied plastic products. The company has business operations in India and internationally. Its product offerings comprise Die Casting machines, Injection Moulding Machines, and Rubber Injection Moulding machines, among others.

Candour Techtex Headlines

No Headlines