Pansari Developers (NSE:PANSARI) Interest Expense : ₹-43.6 Mil (TTM As of Mar. 2024)

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What is Pansari Developers Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pansari Developers's interest expense for the three months ended in Mar. 2024 was ₹ -7.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-43.6 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. Pansari Developers's Operating Income for the three months ended in Mar. 2024 was ₹ 2.1 Mil. Pansari Developers's Interest Expense for the three months ended in Mar. 2024 was ₹ -7.8 Mil. Pansari Developers's Interest Coverage for the quarter that ended in Mar. 2024 was 0.27. 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.

Pansari Developers Interest Expense Historical Data

The historical data trend for Pansari Developers'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.

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Pansari Developers Interest Expense Chart

Pansari Developers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-28.85

-36.50

-13.99

-7.04

-43.61

Pansari Developers Quarterly Data
	Mar16	Mar17	Mar18	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-4.63	-11.07	-12.22	-12.55	-7.77

Pansari Developers 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 quarterly data reported by the company within the most recent 12 months, which was ₹-43.6 Mil.

Pansari Developers (NSE:PANSARI) 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.

Pansari Developers's Interest Expense for the three months ended in Mar. 2024 was ₹-7.8 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹2.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹0.0 Mil.

Pansari Developers'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	*	2.072	/	-7.765
	=	0.27

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

Pansari Developers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Pansari Developers Ltd (NSE:PANSARI) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

14, N.S. Road, 4th Floor, Kolkata, WB, IND, 700001

Website

https://www.pansaridevelopers.com

Pansari Developers Ltd is an integrated construction and real estate development company. It is engaged in the construction and development of residential and commercial projects, in and around Kolkata, West Bengal. The company has only one segment which is Cement Business. The company's projects are Purti Jewel, Purti Star, Purti Flowers, Purti Planet, Purti Residency, and others.

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