Opal Luxury Time Products (NSE:OPAL) Interest Expense: ₹-0.16 Mil (TTM As of Sep. 2019)


What is Opal Luxury Time Products Interest Expense?

Opal Luxury Time Products NSE:OPAL Interest Expense is ₹-0.16 Mil as of Sep. 2019.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Opal Luxury Time Products's interest expense for the six months ended in Sep. 2019 was ₹ -0.16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2019 was ₹-0.16 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. Opal Luxury Time Products's Operating Income for the six months ended in Sep. 2019 was ₹ -140.64 Mil. Opal Luxury Time Products's Interest Expense for the six months ended in Sep. 2019 was ₹ -0.16 Mil. Opal Luxury Time Products 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.

Opal Luxury Time Products  (NSE:OPAL) 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.

Opal Luxury Time Products's Interest Expense for the six months ended in Sep. 2019 was ₹-0.16 Mil. Its Operating Income for the six months ended in Sep. 2019 was ₹-140.64 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2019 was ₹48.28 Mil.

Opal Luxury Time Products's Interest Coverage for the quarter that ended in Sep. 2019 is calculated as

Opal Luxury Time Products did not have earnings to cover the interest expense.

* 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.

Opal Luxury Time Products Interest Expense Historical Data

* Premium members only.

The historical data trend for Opal Luxury Time 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.

Opal Luxury Time Products Interest Expense Chart

Opal Luxury Time Products Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Interest Expense
Get a 7-Day Free Trial -17.46 -13.15 -14.38 -2.92 -22.05

Opal Luxury Time Products Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Sep19
Interest Expense Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 -11.10 -0.16

Opal Luxury Time 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. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-0.16 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 ₹-0.16 Mil mean?
Opal Luxury Time Products (NSE:OPAL) has a Interest Expense of ₹-0.16 Mil as of Sep. 2019. Interest Expense is the amount a company pays on its long-term debt. View historical data on Opal Luxury Time Products and its competitors.
Is Opal Luxury Time Products' Interest Expense too high?
Opal Luxury Time Products' current Interest Expense is ₹-0.16 Mil.
How does Opal Luxury Time Products' Interest Expense compare to FBHS and WHR?
Opal Luxury Time Products' Interest Expense of ₹-0.16 Mil can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Interest Expense depends on the Furnishings, Fixtures & Appliances 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 Opal Luxury Time Products and its competitors. Opal Luxury Time Products's current Interest Expense is ₹-0.16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Opal Luxury Time Products stock overvalued right now?
Opal Luxury Time Products (NSE:OPAL) has a current Interest Expense of ₹-0.16 Mil. The current Interest Expense is ₹-0.16 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 Opal Luxury Time Products (NSE:OPAL), the current Interest Expense is ₹-0.16 Mil as of Sep. 2019. 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.

Opal Luxury Time Products Business Description

Address Senapati Bapat Road, Shree Ganesh, Plot No. 31, 1st Floor, Shivaji Housing Society, Behind ICC Tower, Pune, MH, IND, 411016
Opal Luxury Time Products Ltd is engaged in manufacturing and marketing of home decor products and designs, manufactures, assembles, markets in India and offers watches, wall and table clocks, and allied products and accessories. The firm markets its products through a network of distributors, dealers, home decor stores, furniture stores, crockery dealers, and organized retailers under the Opal brand. The company operates 333 counters and 11 online shopping portals in India. The firm offers a diverse product mix which varies with the following parameters: Price Range, Mould-component-make (wood, metal, acrylic, glass, etc.) and Styles (statue, table, digital, and contemporary). It also offers its products through opalclocks.com, an online shopping portal.