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Gothi Plascon (India) (BOM:531111) Interest Expense : ₹-0.00 Mil (TTM As of Mar. 2024)


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What is Gothi Plascon (India) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gothi Plascon (India)'s interest expense for the three months ended in Mar. 2024 was ₹ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-0.00 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. Gothi Plascon (India)'s Operating Income for the three months ended in Mar. 2024 was ₹ 2.27 Mil. Gothi Plascon (India)'s Interest Expense for the three months ended in Mar. 2024 was ₹ -0.00 Mil. Gothi Plascon (India)'s Interest Coverage for the quarter that ended in Mar. 2024 was 755.67. 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.


Gothi Plascon (India) Interest Expense Historical Data

The historical data trend for Gothi Plascon (India)'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.

Gothi Plascon (India) Interest Expense Chart

Gothi Plascon (India) 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 -0.10 -0.03 -0.30 -

Gothi Plascon (India) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.30 - - - -

Gothi Plascon (India) 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-0.00 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.


Gothi Plascon (India)  (BOM:531111) 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.

Gothi Plascon (India)'s Interest Expense for the three months ended in Mar. 2024 was ₹-0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹2.27 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹1.52 Mil.

Gothi Plascon (India)'s Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*2.267/-0.003
=755.67

* 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:

Ben Graham prefers companies' interest coverage to be at least 5. Gothi Plascon (India) Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Gothi Plascon (India) (BOM:531111) Business Description

Traded in Other Exchanges
N/A
Address
17/5B, 1A, Vazhudavur Road, Opposite to Agri. Research Centre, Kurumbapet, Pondicherry, IND, 605009
Gothi Plascon (India) Ltd is Engaged in the business of renting Immovable Properties and interest on loans granted. The company derives its revenues from Rent received, Sales, Interest received on loans granted and Maintenance and Electricity Charges Received.

Gothi Plascon (India) (BOM:531111) Headlines

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