Parvati Sweetners and Power (BOM:541347) Interest Expense : ₹-33.3 Mil (TTM As of Dec. 2023)

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What is Parvati Sweetners and Power Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Parvati Sweetners and Power's interest expense for the three months ended in Dec. 2023 was ₹ -6.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-33.3 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. Parvati Sweetners and Power's Operating Income for the three months ended in Dec. 2023 was ₹ 8.6 Mil. Parvati Sweetners and Power's Interest Expense for the three months ended in Dec. 2023 was ₹ -6.4 Mil. Parvati Sweetners and Power's Interest Coverage for the quarter that ended in Dec. 2023 was 1.35. 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.

Parvati Sweetners and Power Interest Expense Historical Data

The historical data trend for Parvati Sweetners and Power'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.

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Parvati Sweetners and Power Interest Expense Chart

Parvati Sweetners and Power Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-31.18

-21.02

-27.43

-34.93

-35.46

Parvati Sweetners and Power 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															-6.97	-9.47	-9.34	-8.11	-6.38

Parvati Sweetners and Power 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 ₹-33.3 Mil.

Parvati Sweetners and Power (BOM:541347) 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.

Parvati Sweetners and Power's Interest Expense for the three months ended in Dec. 2023 was ₹-6.4 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹8.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0.0 Mil.

Parvati Sweetners and Power'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	*	8.594	/	-6.378
	=	1.35

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

Parvati Sweetners and Power (BOM:541347) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Parvati Sweetners and Power Ltd (BOM:541347) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jawahar Chowk, Hall No. 2, Gomantika Parisar, Shopping Complex, Bhopal, MP, IND, 462003

Website

https://www.parvatisweetners.co.in

Parvati Sweetners and Power Ltd is engaged in the manufacturing, processing, refining, selling, trading of crystal sugar, refined sugar, sugar cube, liquid sugar, raw sugar including sugar candy, confectionery, pharmaceutical sugar, syrups, food products and by-products such as biogases, molasses, ethanol, and others. The company generates its income from the sale of sugar and its by-products.

Parvati Sweetners and Power (BOM:541347) Headlines

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