Apollo Pipes (BOM:531761) Interest Expense : ₹-35 Mil (TTM As of Mar. 2024)

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What is Apollo Pipes Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Apollo Pipes's interest expense for the three months ended in Mar. 2024 was ₹ -15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-35 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. Apollo Pipes's Operating Income for the three months ended in Mar. 2024 was ₹ 170 Mil. Apollo Pipes's Interest Expense for the three months ended in Mar. 2024 was ₹ -15 Mil. Apollo Pipes's Interest Coverage for the quarter that ended in Mar. 2024 was 11.51. 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.

Apollo Pipes Interest Expense Historical Data

The historical data trend for Apollo Pipes'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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Apollo Pipes Interest Expense Chart

Apollo Pipes Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-60.68

-43.63

-42.90

-88.60

-50.67

Apollo Pipes Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-20.73	-24.38	-6.90	-13.87	-14.72

Apollo Pipes 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 ₹-35 Mil.

Apollo Pipes (BOM:531761) 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.

Apollo Pipes's Interest Expense for the three months ended in Mar. 2024 was ₹-15 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹170 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹18 Mil.

Apollo Pipes'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	*	169.524	/	-14.724
	=	11.51

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

Apollo Pipes (BOM:531761) Business Description

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APOLLOPIPE:India

Address

A-140, Sector 136, Noida, UP, IND, 201301

Website

https://www.apollopipes.com

Apollo Pipes Ltd is engaged in the business of manufacturing a wide variety of pipes and related products used for agriculture, building and construction, and industrial purposes. The product portfolio includes CPVC pipes and fittings, uPVC and fittings (Threaded and Non-Threaded), SWR pipes and fittings, Sewerage pipes, HDPE pipes and fittings, Sprinkler System, uPVC pressure pipes and fittings, uPVC column pipes and Solvent cement.

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