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Euro Panel Products (NSE:EUROBOND) Interest Expense : ₹-95 Mil (TTM As of Sep. 2024)


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What is Euro Panel Products Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Euro Panel Products's interest expense for the six months ended in Sep. 2024 was ₹ -49 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-95 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. Euro Panel Products's Operating Income for the six months ended in Sep. 2024 was ₹ 142 Mil. Euro Panel Products's Interest Expense for the six months ended in Sep. 2024 was ₹ -49 Mil. Euro Panel Products's Interest Coverage for the quarter that ended in Sep. 2024 was 2.90. 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.


Euro Panel Products Interest Expense Historical Data

The historical data trend for Euro Panel Products'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.

Euro Panel Products Interest Expense Chart

Euro Panel Products Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial -53.97 -62.45 -65.40 -69.45 -89.47

Euro Panel Products Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only -33.57 -35.89 -43.92 -45.55 -49.05

Euro Panel Products 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-95 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.


Euro Panel Products  (NSE:EUROBOND) 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.

Euro Panel Products's Interest Expense for the six months ended in Sep. 2024 was ₹-49 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹142 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹237 Mil.

Euro Panel Products'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*142.401/-49.045
=2.90

* 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.


Euro Panel Products Business Description

Traded in Other Exchanges
N/A
Address
Ramdas Sutrale Road, 702, 7th Floor, Aravalli Business Centre, Borivali (West), Mumbai, MH, IND, 400092
Euro Panel Products Ltd is engaged in the manufacturing and supplying of Aluminium Composite Panels (ACP) in India and globally. ACPs are a kind of panels, which are widely used as an exterior covering of commercial buildings and corporate houses. The company's products also include stone series for the exterior of the building, high-pressure laminates, ACP sign board, Zinc composite panels, and others. Geographically, the company derives a majority of its revenue from the domestic market.

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