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Subam Papers (BOM:544267) Interest Expense : ₹ Mil (TTM As of Mar. 2024)


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What is Subam Papers Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Subam Papers's interest expense for the six months ended in Mar. 2024 was ₹ -195 Mil. Subam Papers does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Mar. 2024.

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. Subam Papers's Operating Income for the six months ended in Mar. 2024 was ₹ 604 Mil. Subam Papers's Interest Expense for the six months ended in Mar. 2024 was ₹ -195 Mil. Subam Papers's Interest Coverage for the quarter that ended in Mar. 2024 was 3.09. 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.

Subam Papers Interest Expense Historical Data

The historical data trend for Subam Papers'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.

Subam Papers Interest Expense Chart

Subam Papers Annual Data
Trend Mar22 Mar23 Mar24
Interest Expense
-46.63 -170.68 -195.23

Subam Papers Semi-Annual Data
Mar22 Mar23 Mar24
Interest Expense -46.63 -170.68 -195.23

Subam Papers Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Subam Papers  (BOM:544267) 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.

Subam Papers's Interest Expense for the six months ended in Mar. 2024 was ₹-195 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹604 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹876 Mil.

Subam Papers's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*603.559/-195.229
=3.09

* 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.

Subam Papers Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Subam Papers Ltd (BOM:544267) » Definitions » Interest Expense
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Address
S.F. No. 143-146 Vaduganpatti Village, Nadukallur to Tirunelveli, Tirunelveli Taluk, Tirunelveli, TN, IND, 627010
Website
https://www.subampapers.com
Subam Papers Ltd is engaged in the manufacturing, sale, and distribution of Kraft Paper and Paper Products. The company does not manufacture its products from wood pulp but instead, it uses waste paper as its raw material. Its products include Kraft Paper, Paper Cones & Tubes, Duplex Boards, and Corrugated Boxes. Geographically, it derives a majority of its revenue through domestic sales and also exports its products to other countries.

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