Euro Ceramics (BOM:532823) Interest Expense: ₹-3,861.8 Mil (TTM As of Mar. 2019)

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BOM:532823 Euro Ceramics Ltd BOM:532823
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What is Euro Ceramics Interest Expense?

Euro Ceramics BOM:532823 4 Interest Expense is ₹-3,861.8 Mil as of Mar. 2019. GuruFocus rates BOM:532823 with a GF Score™ of 4/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Euro Ceramics's interest expense for the six months ended in Mar. 2019 was ₹ -3,861.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2019 was ₹-3,861.8 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. Euro Ceramics's Operating Income for the six months ended in Mar. 2019 was ₹ -163.3 Mil. Euro Ceramics's Interest Expense for the six months ended in Mar. 2019 was ₹ -3,861.8 Mil. Euro Ceramics 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.


Euro Ceramics  (BOM:532823) 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.

Euro Ceramics's Interest Expense for the six months ended in Mar. 2019 was ₹-3,861.8 Mil. Its Operating Income for the six months ended in Mar. 2019 was ₹-163.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2019 was ₹35.7 Mil.

Euro Ceramics's Interest Coverage for the quarter that ended in Mar. 2019 is calculated as

Euro Ceramics did not have earnings to cover the interest expense.

* 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.


Euro Ceramics Interest Expense Historical Data

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The historical data trend for Euro Ceramics'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.

Euro Ceramics Interest Expense Chart

Euro Ceramics Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.21 -4.29 -4.14 -0.32 -3,861.84

Euro Ceramics Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.21 -4.29 -4.14 -0.32 -3,861.84
BOM:532823
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Euro Ceramics Ltd BOM:532823
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Euro Ceramics Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Mar. 2019 was ₹-3,861.8 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ₹-3,861.8 Mil mean?
Euro Ceramics (BOM:532823) has a Interest Expense of ₹-3,861.8 Mil as of Mar. 2019. Interest Expense is the amount a company pays on its long-term debt. View historical data on Euro Ceramics and its competitors.
Is Euro Ceramics' Interest Expense too high?
Euro Ceramics' current Interest Expense is ₹-3,861.8 Mil. Overall, Euro Ceramics has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Euro Ceramics' Interest Expense compare to CARR and MAS?
Euro Ceramics' Interest Expense of ₹-3,861.8 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Construction company?
A good Interest Expense depends on the Construction industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Euro Ceramics and its competitors. Euro Ceramics's current Interest Expense is ₹-3,861.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Euro Ceramics stock overvalued right now?
Euro Ceramics (BOM:532823) has a current Interest Expense of ₹-3,861.8 Mil. The current Interest Expense is ₹-3,861.8 Mil. Euro Ceramics' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Euro Ceramics (BOM:532823), the current Interest Expense is ₹-3,861.8 Mil as of Mar. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Euro Ceramics Business Description

Address Vallabhbhai Road, Opposite Railway Station, 208, 2nd Floor, Sangam Arcade, Vile Parle (West), Mumbai, IND, 400 056
Euro Ceramics Ltd is an India based company engaged in the manufacturing and sells of vitrified tiles. It operates in three business segments including Tiles Division, Aluminium Division, and Realty Division. The tiles division, which is the key revenue driver, manufactures products including vitrified tiles, composite marble, sanitary ware products, and bathroom tiles. The company holds a global market presence with the majority of the revenue generated from the Indian market.
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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