Caplin Point Laboratories (NSE:CAPLIPOINT) Interest Expense : ₹-6 Mil (TTM As of Sep. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Caplin Point Laboratories Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Caplin Point Laboratories's interest expense for the three months ended in Sep. 2024 was ₹ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-6 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. Caplin Point Laboratories's Operating Income for the three months ended in Sep. 2024 was ₹ 1,480 Mil. Caplin Point Laboratories's Interest Expense for the three months ended in Sep. 2024 was ₹ -2 Mil. Caplin Point Laboratories's Interest Coverage for the quarter that ended in Sep. 2024 was 704.76. 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.

Caplin Point Laboratories Interest Expense Historical Data

The historical data trend for Caplin Point Laboratories'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.

Caplin Point Laboratories Interest Expense Chart

Caplin Point Laboratories Annual Data

Trend

Jun15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-3.20

-15.90

-7.00

-7.80

Caplin Point Laboratories Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-1.80	-1.70	-1.50	-0.50	-2.10

Caplin Point Laboratories 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-6 Mil.

Caplin Point Laboratories (NSE:CAPLIPOINT) 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.

Caplin Point Laboratories's Interest Expense for the three months ended in Sep. 2024 was ₹-2 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₹1,480 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₹6 Mil.

Caplin Point Laboratories's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	1480	/	-2.1
	=	704.76

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Caplin Point Laboratories Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Caplin Point Laboratories Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Caplin Point Laboratories Ltd (NSE:CAPLIPOINT) » Definitions » Interest Expense

Traded in Other Exchanges

524742:India

Address

Ashvich Tower, Developed Plots Industrial Estate, No. 3, 3rd Floor, Perungudi, Chennai, TN, IND, 600 096

Website

https://www.caplinpoint.net

Caplin Point Laboratories Ltd is an India-based pharmaceutical company. It is engaged in the manufacturing and marketing of pharmaceutical products. The company's key products include tablets, capsules, injections (liquid and lyophilized, prefilled syringes), ophthalmic solutions, liquid orals, soft gel capsules, ointments, creams, gels, powders for injections, suppositories, ovules, pre-mix bag formulations, inhalers, sprays, and IV infusions. It also provides pharmaceutical formulations in specialized injectable dosage forms and Ophthalmic drops.

Caplin Point Laboratories Headlines

No Headlines