Pincon Spirit (NSE:PINCON) Interest Expense: ₹-284 Mil (TTM As of Sep. 2017)


What is Pincon Spirit Interest Expense?

Pincon Spirit NSE:PINCON Interest Expense is ₹-284 Mil as of Sep. 2017.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pincon Spirit's interest expense for the six months ended in Sep. 2017 was ₹ -154 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2017 was ₹-284 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. Pincon Spirit's Operating Income for the six months ended in Sep. 2017 was ₹ 562 Mil. Pincon Spirit's Interest Expense for the six months ended in Sep. 2017 was ₹ -154 Mil. Pincon Spirit's Interest Coverage for the quarter that ended in Sep. 2017 was 3.64. 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.

Pincon Spirit  (NSE:PINCON) 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.

Pincon Spirit's Interest Expense for the six months ended in Sep. 2017 was ₹-154 Mil. Its Operating Income for the six months ended in Sep. 2017 was ₹562 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2017 was ₹646 Mil.

Pincon Spirit's Interest Coverage for the quarter that ended in Sep. 2017 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2017 )/Interest Expense (Q: Sep. 2017 )
=-1*561.831/-154.326
=3.64

* 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.

Pincon Spirit Interest Expense Historical Data

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The historical data trend for Pincon Spirit'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.

Pincon Spirit Interest Expense Chart

Pincon Spirit Annual Data
Trend Mar14 Mar15 Mar16 Mar17
Interest Expense
-16.56 -70.79 -167.01 -258.58

Pincon Spirit Semi-Annual Data
Mar14 Mar15 Mar16 Sep16 Mar17 Sep17
Interest Expense Get a 7-Day Free Trial 0.00 0.00 -128.62 -129.96 -154.33

Pincon Spirit 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. 2017 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-284 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 ₹-284 Mil mean?
Pincon Spirit (NSE:PINCON) has a Interest Expense of ₹-284 Mil as of Sep. 2017. Interest Expense is the amount a company pays on its long-term debt. View historical data on Pincon Spirit and its competitors.
Is Pincon Spirit's Interest Expense too high?
Pincon Spirit's current Interest Expense is ₹-284 Mil.
How does Pincon Spirit's Interest Expense compare to THST and JCTG?
Pincon Spirit's Interest Expense of ₹-284 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Interest Expense depends on the Beverages - Alcoholic 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 Pincon Spirit and its competitors. Pincon Spirit's current Interest Expense is ₹-284 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pincon Spirit stock overvalued right now?
Pincon Spirit (NSE:PINCON) has a current Interest Expense of ₹-284 Mil. The current Interest Expense is ₹-284 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 Pincon Spirit (NSE:PINCON), the current Interest Expense is ₹-284 Mil as of Sep. 2017. 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.

Pincon Spirit Business Description

Address Number 103, 3rd Floor, Samskruthi Chambers, K.H Road, Shanthi Nagar, Bengaluru, KA, IND, 560027
Pincon Spirit Ltd is engaged in blending, bottling and wholesale distributions of Indian Made Foreign Liquor (IMFL), Indian Made Indian Liquor (IMIL) and refining, packaging and wholesale distributions of fast moving consumer goods. The company derives its revenue from its Indian Made Foreign Liquor (IMFL), Indian Made Indian Liquor (IMIL) segment. The Edible oils business segment is engaged in the manufacture of edible oils and the Company owns a refining and packaging unit.