Artedz Fabs (NSE:ARTEDZ) Interest Expense: ₹-17.8 Mil (TTM As of Sep. 2018)


What is Artedz Fabs Interest Expense?

Artedz Fabs NSE:ARTEDZ Interest Expense is ₹-17.8 Mil as of Sep. 2018.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Artedz Fabs's interest expense for the six months ended in Sep. 2018 was ₹ -17.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2018 was ₹-17.8 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. Artedz Fabs's Operating Income for the six months ended in Sep. 2018 was ₹ 59.2 Mil. Artedz Fabs's Interest Expense for the six months ended in Sep. 2018 was ₹ -17.8 Mil. Artedz Fabs's Interest Coverage for the quarter that ended in Sep. 2018 was 3.32. 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.

Artedz Fabs  (NSE:ARTEDZ) 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.

Artedz Fabs's Interest Expense for the six months ended in Sep. 2018 was ₹-17.8 Mil. Its Operating Income for the six months ended in Sep. 2018 was ₹59.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2018 was ₹79.2 Mil.

Artedz Fabs's Interest Coverage for the quarter that ended in Sep. 2018 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2018 )/Interest Expense (Q: Sep. 2018 )
=-1*59.181/-17.827
=3.32

* 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.

Artedz Fabs Interest Expense Historical Data

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The historical data trend for Artedz Fabs'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.

Artedz Fabs Interest Expense Chart

Artedz Fabs Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18
Interest Expense
-24.91 -33.27 -38.79 -38.54 -38.23

Artedz Fabs Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18
Interest Expense Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 -17.83

Artedz Fabs 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 Sep. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-17.8 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 ₹-17.8 Mil mean?
Artedz Fabs (NSE:ARTEDZ) has a Interest Expense of ₹-17.8 Mil as of Sep. 2018. Interest Expense is the amount a company pays on its long-term debt. View historical data on Artedz Fabs and its competitors.
Is Artedz Fabs' Interest Expense too high?
Artedz Fabs' current Interest Expense is ₹-17.8 Mil.
How does Artedz Fabs' Interest Expense compare to ?
Artedz Fabs' Interest Expense of ₹-17.8 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 a Manufacturing - Apparel & Accessories company?
A good Interest Expense depends on the Manufacturing - Apparel & Accessories 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 Artedz Fabs and its competitors. Artedz Fabs's current Interest Expense is ₹-17.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artedz Fabs stock overvalued right now?
Artedz Fabs (NSE:ARTEDZ) has a current Interest Expense of ₹-17.8 Mil. The current Interest Expense is ₹-17.8 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 Artedz Fabs (NSE:ARTEDZ), the current Interest Expense is ₹-17.8 Mil as of Sep. 2018. 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.

Artedz Fabs Business Description

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Address Off Aarey Road, 206, Gambhir Industrial Estate, Opposite Paramount Print, Hanuman Tekdi, Mumbai, MH, IND, 400063
Artedz Fabs Ltd is a leading manufacturer of cotton yarn dyed fabrics in India. The portfolio encompasses manufacturing of premium quality apparel fabrics for men's clothing by producing various fabric blends and selling directly to manufacturers, retailers and global brands. Besides the regular cotton qualities, it also deals in fancy yarns like slubs, blended yarns like tensil linens, cotton modals, cotton linens and lycra.