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GKB Ophthalmics (BOM:533212) Interest Expense : ₹-13.9 Mil (TTM As of Dec. 2023)


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What is GKB Ophthalmics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GKB Ophthalmics's interest expense for the three months ended in Dec. 2023 was ₹ -4.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-13.9 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. GKB Ophthalmics's Operating Income for the three months ended in Dec. 2023 was ₹ -12.2 Mil. GKB Ophthalmics's Interest Expense for the three months ended in Dec. 2023 was ₹ -4.4 Mil. GKB Ophthalmics 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.


GKB Ophthalmics Interest Expense Historical Data

The historical data trend for GKB Ophthalmics'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.

GKB Ophthalmics Interest Expense Chart

GKB Ophthalmics Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.60 -11.44 -11.44 -11.14 -12.95

GKB Ophthalmics 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 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 -3.96 -0.56 -4.35 -4.55 -4.40

GKB Ophthalmics 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 ₹-13.9 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.


GKB Ophthalmics  (BOM:533212) 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.

GKB Ophthalmics's Interest Expense for the three months ended in Dec. 2023 was ₹-4.4 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹-12.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0.0 Mil.

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

GKB Ophthalmics 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.


GKB Ophthalmics (BOM:533212) Business Description

Traded in Other Exchanges
N/A
Address
16-A, Tivim Industrial Estate, Mapusa, GA, IND, 403 526
GKB Ophthalmics Ltd is an India-based company engaged in manufacturing and exporting ophthalmics lenses. It manufactures glass and plastic lenses both semi-finished and finished forms. The other products of the company include Organic lenses, Glass moulds, and Bifocal moulds. The company sells its products in India and also exports globally. Geographically, the majority of its revenue is generated from outside of India.

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