GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Paramount Communications Ltd (BOM:530555) » Definitions » Interest Expense

Paramount Communications (BOM:530555) Interest Expense : ₹-75 Mil (TTM As of Dec. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Paramount Communications Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Paramount Communications's interest expense for the three months ended in Dec. 2024 was ₹ -36 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-75 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. Paramount Communications's Operating Income for the three months ended in Dec. 2024 was ₹ 304 Mil. Paramount Communications's Interest Expense for the three months ended in Dec. 2024 was ₹ -36 Mil. Paramount Communications's Interest Coverage for the quarter that ended in Dec. 2024 was 8.50. 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.


Paramount Communications Interest Expense Historical Data

The historical data trend for Paramount Communications'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.

Paramount Communications Interest Expense Chart

Paramount Communications 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 -102.30 -67.42 -60.89 -57.66 -54.72

Paramount Communications 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 -11.90 -9.89 -12.59 -17.02 -35.76

Paramount Communications 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 ₹-75 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.


Paramount Communications  (BOM:530555) 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.

Paramount Communications's Interest Expense for the three months ended in Dec. 2024 was ₹-36 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹304 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Paramount Communications'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*304.045/-35.759
=8.50

* 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.


Paramount Communications Business Description

Traded in Other Exchanges
Address
KH-433, Maulsari Avenue, Westend Greens, New Delhi, IND, 110037
Paramount Communications Ltd is a wire and cable manufacturing company. Its product portfolio consists of low-voltage and high-voltage power cables, aerial bunch cables (ABC), control and instrumentation cables, thermocouple extension and compensating cables, fire performance cables, and others. Its products are used in the power, railways, telecom and information technology (IT), petrochemicals, construction, and defense industries. The company operates in a single business segment which is Wire and Cables comprising of power cables, telecom cables, railway cables and specialised cables.

Paramount Communications Headlines

No Headlines