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Pact Industries (BOM:538963) Interest Expense : ₹0.00 Mil (TTM As of Jun. 2024)


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What is Pact Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pact Industries's interest expense for the three months ended in Jun. 2024 was ₹ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ₹0.00 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. Pact Industries's Operating Income for the three months ended in Jun. 2024 was ₹ -0.64 Mil. Pact Industries's Interest Expense for the three months ended in Jun. 2024 was ₹ 0.00 Mil. Pact Industries has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Pact Industries Interest Expense Historical Data

The historical data trend for Pact Industries'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.

Pact Industries Interest Expense Chart

Pact Industries 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 -4.76 -5.97 -7.02 -11.95 -

Pact Industries Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Pact Industries 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0.00 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.

Pact Industries  (BOM:538963) 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.

Pact Industries's Interest Expense for the three months ended in Jun. 2024 was ₹0.00 Mil. Its Operating Income for the three months ended in Jun. 2024 was ₹-0.64 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ₹0.00 Mil.

Pact Industries's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Pact Industries had no long-term debt (1).

* 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.

Pact Industries Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Pact Industries Ltd (BOM:538963) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
G.T. Road, 303 Hotel The Taksonz, Opposite Railway Station, Ludhiana, PB, IND, 141008
Website
http://www.pactindustries.in
Pact Industries Ltd is an Indian-based company engaged in the steel, Iron, Textile, as well as manufacturing of agriculture equipment. It operates as a scrap metal importer, recycler, and supplier of products that encompass trolleys, racks, mild sheets, hot roll coil, fabricated doors and railings, and more. The company's portfolio of steel products includes Billets and Ingots, Steel Rounds, Wire Rods, and more, which are used in several industrial applications.

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