Opto Circuits (India) (NSE:OPTOCIRCUI) Interest Expense: ₹-3.1 Mil (TTM As of Jun. 2021)


NSE:OPTOCIRCUI Opto Circuits (India) Ltd NSE:OPTOCIRCUI
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What is Opto Circuits (India) Interest Expense?

Opto Circuits (India) NSE:OPTOCIRCUI 4 Interest Expense is ₹-3.1 Mil as of Jun. 2021. GuruFocus rates NSE:OPTOCIRCUI with a GF Score™ of 4/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Opto Circuits (India)'s interest expense for the three months ended in Jun. 2021 was ₹ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2021 was ₹-3.1 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. Opto Circuits (India)'s Operating Income for the three months ended in Jun. 2021 was ₹ -13.0 Mil. Opto Circuits (India)'s Interest Expense for the three months ended in Jun. 2021 was ₹ -0.0 Mil. Opto Circuits (India) 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.

Opto Circuits (India)  (NSE:OPTOCIRCUI) 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.

Opto Circuits (India)'s Interest Expense for the three months ended in Jun. 2021 was ₹-0.0 Mil. Its Operating Income for the three months ended in Jun. 2021 was ₹-13.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2021 was ₹0.0 Mil.

Opto Circuits (India)'s Interest Coverage for the quarter that ended in Jun. 2021 is calculated as

Opto Circuits (India) 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.

Opto Circuits (India) Interest Expense Historical Data

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The historical data trend for Opto Circuits (India)'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.

Opto Circuits (India) Interest Expense Chart

Opto Circuits (India) Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -417.46 -157.61 -44.60 -22.11 -279.00

Opto Circuits (India) Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Jun21
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -249.86 -0.06 -1.44 -1.62 -0.02
NSE:OPTOCIRCUI
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Opto Circuits (India) Ltd NSE:OPTOCIRCUI
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Opto Circuits (India) 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 Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-3.1 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 ₹-3.1 Mil mean?
Opto Circuits (India) (NSE:OPTOCIRCUI) has a Interest Expense of ₹-3.1 Mil as of Jun. 2021. Interest Expense is the amount a company pays on its long-term debt. View historical data on Opto Circuits (India) and its competitors.
Is Opto Circuits (India)'s Interest Expense too high?
Opto Circuits (India)'s current Interest Expense is ₹-3.1 Mil. Overall, Opto Circuits (India) has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Opto Circuits (India)'s Interest Expense compare to ABT and MDT?
Opto Circuits (India)'s Interest Expense of ₹-3.1 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Interest Expense depends on the Medical Devices & Instruments 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 Opto Circuits (India) and its competitors. Opto Circuits (India)'s current Interest Expense is ₹-3.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Opto Circuits (India) stock overvalued right now?
Opto Circuits (India) (NSE:OPTOCIRCUI) has a current Interest Expense of ₹-3.1 Mil. The current Interest Expense is ₹-3.1 Mil. Opto Circuits (India)'s overall GF Score™ is 4/100. 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 Opto Circuits (India) (NSE:OPTOCIRCUI), the current Interest Expense is ₹-3.1 Mil as of Jun. 2021. 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.

Opto Circuits (India) Business Description

Address Plot No. 83, Hosur Road, 1st Floor, Electronic City, Bengalore, KA, IND, 560 100
Opto Circuits (India) Ltd along with its subsidiaries are engaged in the design, development, manufacture, marketing, and distribution of a range of medical products. The company's product is used by the healthcare industry, schools, and fire stations. The service line of the company consists of providing vital signs monitoring, emergency cardiac care, vascular treatments, and sensing technologies. The business of the company operates in segments that include Sensors, Monitors, and Others. The Sensors segment generates maximum revenue for the company. Geographically the company exports its products to America, Europe, and Asia markets.
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