PTC Industries (BOM:539006) Interest Expense : ₹-135 Mil (TTM As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is PTC Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PTC Industries's interest expense for the three months ended in Dec. 2023 was ₹ -44 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-135 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. PTC Industries's Operating Income for the three months ended in Dec. 2023 was ₹ 112 Mil. PTC Industries's Interest Expense for the three months ended in Dec. 2023 was ₹ -44 Mil. PTC Industries's Interest Coverage for the quarter that ended in Dec. 2023 was 2.55. 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.

PTC Industries Interest Expense Historical Data

The historical data trend for PTC 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.

PTC Industries Interest Expense Chart

PTC Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

Get a 7-Day Free Trial

-84.01

-101.76

-124.80

-136.90

-141.10

PTC Industries 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															-41.08	-16.74	-36.69	-37.88	-43.76

PTC 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-135 Mil.

PTC Industries (BOM:539006) 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.

PTC Industries's Interest Expense for the three months ended in Dec. 2023 was ₹-44 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹112 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	111.753	/	-43.761
	=	2.55

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

PTC Industries (BOM:539006) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » PTC Industries Ltd (BOM:539006) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

PTCIL:India

Address

National Highway -25 A,Sarai Shahjadi, Advanced Manufacturing & Technology Centre, Kanpur Road, Lucknow, UP, IND, 227 101

Website

https://www.ptcil.com

PTC Industries Ltd is an India-based company engaged in supplying castings solutions, machined components, and fabricated parts. It is in the business of manufacturing and selling high-precision metal castings. The company manufactures Stainless steel castings, Alloys steel castings, Non-alloy steel castings, and Steel structures. The company offers materials that include Alloy Steel, Stainless Steel, Duplex and Super Duplex Stainless Steel, Creep Resistant Steel, Heat Resistant Steel, Nickel Based Alloys, Cobalt Based Alloys, Austenitic Ductile Iron, Nickel Aluminium Bronze, Titanium, Superalloy, and Zirconium, among others. The company has only one reportable segment for the Company which is Engineering and allied activities.

PTC Industries (BOM:539006) Headlines

No Headlines