Lead Reclaim and Rubber Products (NSE:LRRPL) Interest Expense: ₹-4.0 Mil (TTM As of Mar. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:LRRPL Lead Reclaim and Rubber Products Ltd NSE:LRRPL
14 GF Score
Price ₹92.00
View Full Analysis

What is Lead Reclaim and Rubber Products Interest Expense?

Lead Reclaim and Rubber Products NSE:LRRPL +4.55% 14 Interest Expense is ₹-4.0 Mil as of Mar. 2024. GuruFocus rates NSE:LRRPL with a GF Score™ of 14/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lead Reclaim and Rubber Products's interest expense for the six months ended in Mar. 2024 was ₹ -1.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-4.0 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. Lead Reclaim and Rubber Products's Operating Income for the six months ended in Mar. 2024 was ₹ 7.6 Mil. Lead Reclaim and Rubber Products's Interest Expense for the six months ended in Mar. 2024 was ₹ -1.9 Mil. Lead Reclaim and Rubber Products's Interest Coverage for the quarter that ended in Mar. 2024 was 4.00. 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.

Lead Reclaim and Rubber Products  (NSE:LRRPL) 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.

Lead Reclaim and Rubber Products's Interest Expense for the six months ended in Mar. 2024 was ₹-1.9 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹7.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹10.3 Mil.

Lead Reclaim and Rubber Products'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*7.6/-1.9
=4.00

* 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.

Lead Reclaim and Rubber Products Interest Expense Historical Data

* Premium members only.

The historical data trend for Lead Reclaim and Rubber 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.

Lead Reclaim and Rubber Products Interest Expense Chart

Lead Reclaim and Rubber Products Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
-2.91 -3.18 -2.10 -2.40 -4.00

Lead Reclaim and Rubber Products Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Interest Expense Get a 7-Day Free Trial 0.00 -1.00 -1.40 -2.10 -1.90
NSE:LRRPL
14GF Score
Lead Reclaim and Rubber Products Ltd NSE:LRRPL
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lead Reclaim and Rubber 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-4.0 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 ₹-4.0 Mil mean?
Lead Reclaim and Rubber Products (NSE:LRRPL) has a Interest Expense of ₹-4.0 Mil as of Mar. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Lead Reclaim and Rubber Products and its competitors.
Is Lead Reclaim and Rubber Products' Interest Expense too high?
Lead Reclaim and Rubber Products' current Interest Expense is ₹-4.0 Mil. Overall, Lead Reclaim and Rubber Products has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Lead Reclaim and Rubber Products' Interest Expense compare to LIN and SHW?
Lead Reclaim and Rubber Products' Interest Expense of ₹-4.0 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Interest Expense depends on the Chemicals 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 Lead Reclaim and Rubber Products and its competitors. Lead Reclaim and Rubber Products's current Interest Expense is ₹-4.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lead Reclaim and Rubber Products stock overvalued right now?
Lead Reclaim and Rubber Products (NSE:LRRPL) has a current Interest Expense of ₹-4.0 Mil. The current Interest Expense is ₹-4.0 Mil. Lead Reclaim and Rubber Products' overall GF Score™ is 14/100. 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 Lead Reclaim and Rubber Products (NSE:LRRPL), the current Interest Expense is ₹-4.0 Mil as of Mar. 2024. 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.

Lead Reclaim and Rubber Products Business Description

Address 856/4 Village Pethai Sarali Road, Kheda, GJ, IND, 387630
Lead Reclaim and Rubber Products Ltd manufactures premium-quality reclaimed rubber, crumb rubber, and rubber granules. Some of its products include Whole Tyre Reclaim Rubbers, Butyl Tube Reclaim Rubber, and Natural Tube Reclaim Rubber.
14GF Score

Get the complete analysis for NSE:LRRPL

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹92.00
Price