Ring Shine Textiles (DHA:RINGSHINE) Interest Expense : BDT Mil (TTM As of . 20)

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What is Ring Shine Textiles Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ring Shine Textiles's interest expense for the six months ended in . 20 was BDT 0.00 Mil. Ring Shine Textiles does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Ring Shine Textiles's Operating Income for the six months ended in . 20 was BDT 0.00 Mil. Ring Shine Textiles's Interest Expense for the six months ended in . 20 was BDT 0.00 Mil. Ring Shine Textiles 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.

Ring Shine Textiles Interest Expense Historical Data

The historical data trend for Ring Shine Textiles'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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Ring Shine Textiles Interest Expense Chart

Ring Shine Textiles Annual Data

Trend

Interest Expense

Ring Shine Textiles Semi-Annual Data

Interest Expense

Ring Shine Textiles Interest Expense Calculation

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

Ring Shine Textiles (DHA:RINGSHINE) 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.

Ring Shine Textiles's Interest Expense for the six months ended in . 20 was BDT0.00 Mil. Its Operating Income for the six months ended in . 20 was BDT0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was BDT0.00 Mil.

Ring Shine Textiles's Interest Coverage for the quarter that ended in . 20 is calculated as

Ring Shine Textiles had no long-term debt ⁽¹⁾.

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

Ring Shine Textiles Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ring Shine Textiles Ltd (DHA:RINGSHINE) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Road no. 06, House no. 05, Block no. K, Baridhara Model Town, Gulshan, Dhaka, BGD, 1212

Website

https://www.ringshine.com

Ring Shine Textiles Ltd is engaged in spinning of acrylic based yarn, manufacturing and marketing of gray and finished fleece fabrics of various qualities and different types and qualities of dyed yarn for export. The company's products portfolio includes fleece, terry, interlock, pique, velour, mesh, and other fabrics.

Ring Shine Textiles Headlines

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