Ruby Cables (BOM:539836) Interest Expense: ₹-22.8 Mil (TTM As of Mar. 2017)

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What is Ruby Cables Interest Expense?

Ruby Cables BOM:539836 Interest Expense is ₹-22.8 Mil as of Mar. 2017.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ruby Cables's interest expense for the six months ended in Mar. 2017 was ₹ -11.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2017 was ₹-22.8 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. Ruby Cables's Operating Income for the six months ended in Mar. 2017 was ₹ -181.7 Mil. Ruby Cables's Interest Expense for the six months ended in Mar. 2017 was ₹ -11.4 Mil. Ruby Cables 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.


Ruby Cables  (BOM:539836) 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.

Ruby Cables's Interest Expense for the six months ended in Mar. 2017 was ₹-11.4 Mil. Its Operating Income for the six months ended in Mar. 2017 was ₹-181.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2017 was ₹27.7 Mil.

Ruby Cables's Interest Coverage for the quarter that ended in Mar. 2017 is calculated as

Ruby Cables 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.


Ruby Cables Interest Expense Historical Data

* Premium members only.

The historical data trend for Ruby Cables'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.

Ruby Cables Interest Expense Chart

Ruby Cables Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Interest Expense
Get a 7-Day Free Trial -7.55 -22.93 -24.36 -25.38 -22.84

Ruby Cables Semi-Annual Data
Mar11 Mar12 Mar13 Mar14 Mar15 Sep15 Mar16 Sep16 Mar17
Interest Expense Get a 7-Day Free Trial Premium Member Only 0.00 -12.81 -12.58 -11.40 -11.44

Ruby Cables 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 Mar. 2017 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-22.8 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 ₹-22.8 Mil mean?
Ruby Cables (BOM:539836) has a Interest Expense of ₹-22.8 Mil as of Mar. 2017. Interest Expense is the amount a company pays on its long-term debt. View historical data on Ruby Cables and its competitors.
Is Ruby Cables' Interest Expense too high?
Ruby Cables' current Interest Expense is ₹-22.8 Mil.
How does Ruby Cables' Interest Expense compare to TNLX and MFCO?
Ruby Cables' Interest Expense of ₹-22.8 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Interest Expense depends on the Industrial Products 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 Ruby Cables and its competitors. Ruby Cables's current Interest Expense is ₹-22.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ruby Cables stock overvalued right now?
Ruby Cables (BOM:539836) has a current Interest Expense of ₹-22.8 Mil. The current Interest Expense is ₹-22.8 Mil. 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 Ruby Cables (BOM:539836), the current Interest Expense is ₹-22.8 Mil as of Mar. 2017. 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.

Ruby Cables Business Description

Address 15, G.I.D.C., Manjusar, Taluk Savli, Vadodara, GJ, IND, 391775
Ruby Cables Ltd is the manufacturer of all types of polyvinyl chloride/chemically cross-linked polyethylene Foam(PVC/XLPE) insulated low tension wires and cables. The company also manufactures all aluminium conductors(AAC), all aluminium alloy conductors(AAAC), aluminium conductor steel reinforced cable(ACSR) and aerial bunch cables. The company is based in India.