GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Texmo Pipes & Products Ltd (BOM:533164) » Definitions » Interest Expense

Texmo Pipes & Products (BOM:533164) Interest Expense : ₹-25 Mil (TTM As of Sep. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Texmo Pipes & Products Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Texmo Pipes & Products's interest expense for the three months ended in Sep. 2024 was ₹ -20 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-25 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. Texmo Pipes & Products's Operating Income for the three months ended in Sep. 2024 was ₹ 23 Mil. Texmo Pipes & Products's Interest Expense for the three months ended in Sep. 2024 was ₹ -20 Mil. Texmo Pipes & Products's Interest Coverage for the quarter that ended in Sep. 2024 was 1.15. 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.

Texmo Pipes & Products Interest Expense Historical Data

The historical data trend for Texmo Pipes & Products'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.

Texmo Pipes & Products Interest Expense Chart

Texmo Pipes & Products 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 -56.15 -51.65 -56.93 -98.25 -39.90

Texmo Pipes & Products Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -21.68 -15.16 27.63 -17.82 -20.14

Texmo Pipes & Products 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-25 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.

Texmo Pipes & Products  (BOM:533164) 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.

Texmo Pipes & Products's Interest Expense for the three months ended in Sep. 2024 was ₹-20 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₹23 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₹363 Mil.

Texmo Pipes & Products's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*23.15/-20.137
=1.15

* 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.

Texmo Pipes & Products Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Texmo Pipes & Products Ltd (BOM:533164) » Definitions » Interest Expense
Comparable Companies
BOM:539620 BOM:532993 NSE:BEARDSELL BOM:532722 NSE:AHLADA BOM:538546 BOM:515018 BOM:513729 BOM:517437 NSE:LEXUS TT TSE:6367 CARR JCI XPAR:SGO XSWX:GEBN BLDR LII CSL DUB:KRX
Traded in Other Exchanges
TEXMOPIPES:India
Address
98, Bahadarpur Road, Post Box No. 35, Burhanpur, MP, IND, 450331
Website
https://texmopipe.com
Texmo Pipes & Products Ltd is a pipe and fittings manufacturing company based in India. The company's primary products include plastic products. Its product portfolio comprises SWR pipes and fittings, CPVC pipes, conduit pipes, drip inline, moulded fittings of PVC, plumbing pipes, and fittings, sprinkler fittings, casing pipes for tubewell, and others. PVC pipes serve as the revenue driver amongst the other products of the company. The group caters its products to government, and private sectors within India and abroad.

Texmo Pipes & Products Headlines

No Headlines