Palash Securities (NSE:PALASHSECU) Interest Expense : ₹-32.2 Mil (TTM As of Dec. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Palash Securities Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Palash Securities's interest expense for the three months ended in Dec. 2024 was ₹ -7.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-32.2 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. Palash Securities's Operating Income for the three months ended in Dec. 2024 was ₹ -31.5 Mil. Palash Securities's Interest Expense for the three months ended in Dec. 2024 was ₹ -7.9 Mil. Palash Securities 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.

Palash Securities Interest Expense Historical Data

The historical data trend for Palash Securities'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.

Palash Securities Interest Expense Chart

Palash Securities Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-7.13

-14.34

-23.49

-29.80

-25.85

Palash Securities Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-6.68	-7.09	-7.56	-9.61	-7.93

Palash Securities 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-32.2 Mil.

Palash Securities (NSE:PALASHSECU) 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.

Palash Securities's Interest Expense for the three months ended in Dec. 2024 was ₹-7.9 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹-31.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0.0 Mil.

Palash Securities's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Palash Securities did not have earnings to cover the interest expense.

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

Palash Securities Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Palash Securities Ltd (NSE:PALASHSECU) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

540648:India

Address

9/1, R.N. Mukherjee Road, Birla Building, 5th Floor, Kolkata, WB, IND, 700 001

Website

http://www.birla-sugar.com

Palash Securities Ltd is engaged in food processing consisting of canned fruits and vegetables, jams jellies, squashes, and juices. The company's segments are Food Processing Business and Investments Business. The Investing Business consists of interest income from inter-corporate deposits and bank deposits and dividend income from investments in shares and securities. The Food Processing Business that generates the majority of revenue consists of the business of canned fruits and vegetables, jam, jellies, squashes, and juices.

Palash Securities Headlines

No Headlines