Polylink Polymers (India) (BOM:531454) Interest Expense : ₹-1.4 Mil (TTM As of Dec. 2023)

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What is Polylink Polymers (India) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Polylink Polymers (India)'s interest expense for the three months ended in Dec. 2023 was ₹ -0.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-1.4 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. Polylink Polymers (India)'s Operating Income for the three months ended in Dec. 2023 was ₹ 5.9 Mil. Polylink Polymers (India)'s Interest Expense for the three months ended in Dec. 2023 was ₹ -0.6 Mil. Polylink Polymers (India)'s Interest Coverage for the quarter that ended in Dec. 2023 was 9.96. 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.

Polylink Polymers (India) Interest Expense Historical Data

The historical data trend for Polylink Polymers (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.

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Polylink Polymers (India) Interest Expense Chart

Polylink Polymers (India) Annual Data

Trend

Mar14

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Mar23

Interest Expense

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-3.81

-2.60

-0.60

-1.20

-0.62

Polylink Polymers (India) 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															-0.09	-0.14	-0.20	-0.43	-0.59

Polylink Polymers (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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-1.4 Mil.

Polylink Polymers (India) (BOM:531454) 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.

Polylink Polymers (India)'s Interest Expense for the three months ended in Dec. 2023 was ₹-0.6 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹5.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0.0 Mil.

Polylink Polymers (India)'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	*	5.897	/	-0.592
	=	9.96

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

Polylink Polymers (India) (BOM:531454) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Polylink Polymers (India) Ltd (BOM:531454) » Definitions » Interest Expense

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Address

506, Saffron Building, Near Center Point, Ambawadi, Ahmedabad, GJ, IND, 380006

Website

https://www.polylinkpolymers.com

Polylink Polymers (India) Ltd is engaged in the manufacture of polymer compounds. The company is predominantly engaged in only one segment being Polymeric Compounds business. It offers a range of products including Filled PP Compound for Plastic Chair and Engineering Applications, Black Masterbatches, Colour Masterbatches, Wire and Cable Compounds, Compounds for Cable Jointing Accessories, Additive Masterbatches, and Filler for Woven and Non-Woven. The company's wire and cable compounds are used in power and telecommunication cables; special compounds for cable accessories; addictive masterbatches; and cross-linked PE compounds for use in pipes. Geographically, it derives a majority of its revenue from India.

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