Progrex Ventures (BOM:531265) Interest Expense : ₹-0.00 Mil (TTM As of Dec. 2023)

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What is Progrex Ventures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Progrex Ventures's interest expense for the three months ended in Dec. 2023 was ₹ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 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. Progrex Ventures's Operating Income for the three months ended in Dec. 2023 was ₹ -0.23 Mil. Progrex Ventures's Interest Expense for the three months ended in Dec. 2023 was ₹ -0.00 Mil. Progrex Ventures did not have earnings to cover the interest expense. 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.

Progrex Ventures Interest Expense Historical Data

The historical data trend for Progrex Ventures'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.

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Progrex Ventures Interest Expense Chart

Progrex Ventures Annual Data

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Progrex Ventures Quarterly Data
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Progrex Ventures 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 ₹-0.00 Mil.

Progrex Ventures (BOM:531265) 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.

Progrex Ventures's Interest Expense for the three months ended in Dec. 2023 was ₹-0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹-0.23 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0.00 Mil.

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

Progrex Ventures did not have earnings to cover the interest expense.

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

Progrex Ventures (BOM:531265) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Progrex Ventures Ltd (BOM:531265) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Number 232, Zone-I, MaharanaPratap Nagar, Shri Mohan Parisar, Bhopal, MP, IND, 462 011

Website

https://www.progressivecorp.net

Progrex Ventures Ltd is engaged in the business of manufacturing and export of solvent extraction oil, refined oil and trading of refined oil. It is also engaged in the manufacturing, trading, and export of soya meal.

Progrex Ventures (BOM:531265) Headlines

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