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DuroPack (BOM:526355) Interest Expense : ₹-0.0 Mil (TTM As of Dec. 2023)


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What is DuroPack Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. DuroPack's interest expense for the three months ended in Dec. 2023 was ₹ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-0.0 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. DuroPack's Operating Income for the three months ended in Dec. 2023 was ₹ 7.2 Mil. DuroPack's Interest Expense for the three months ended in Dec. 2023 was ₹ -0.0 Mil. DuroPack's Interest Coverage for the quarter that ended in Dec. 2023 was 515.21. 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.


DuroPack Interest Expense Historical Data

The historical data trend for DuroPack'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.

DuroPack Interest Expense Chart

DuroPack Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.01 - -0.01 -0.03

DuroPack Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.02 - -0.03 -0.01 -0.01

DuroPack 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-0.0 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.


DuroPack  (BOM:526355) 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.

DuroPack's Interest Expense for the three months ended in Dec. 2023 was ₹-0.0 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹7.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0.0 Mil.

DuroPack's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*7.213/-0.014
=515.21

* 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.

Good Sign:

DuroPack Ltd has no debt.


DuroPack (BOM:526355) Business Description

Traded in Other Exchanges
N/A
Address
B-4/160, Safdarjung Enclave, New Delhi, IND, 110029
DuroPack Ltd is engaged in the manufacturing of holographic films, stickers, bags, and others. It is operating in one segment namely the manufacture of Multilayer Films, Flexible Laminated Films, Plastics bags and pouches, and Holographic Films products. Geographically, it operates only in India. Some of its products include stock plain pouches, pouches with windows, stand-up kraft paper pouches, both sides colored stand-up pouches, three-side seal pouches, printed and laminated rolls, and others. Revenue is generated from the sale of products, services, scrap, interest income, and other sources. The majority of the revenue is generated from the sale of products.

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