Platinum Industries (NSE:PLATIND) Interest Expense : ₹ Mil (TTM As of . 20)

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What is Platinum Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Platinum Industries's interest expense for the six months ended in . 20 was ₹ 0.00 Mil. Platinum Industries does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Platinum Industries's Operating Income for the six months ended in . 20 was ₹ 0.00 Mil. Platinum Industries's Interest Expense for the six months ended in . 20 was ₹ 0.00 Mil. Platinum Industries 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.

Platinum Industries Interest Expense Historical Data

The historical data trend for Platinum Industries'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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Platinum Industries Interest Expense Chart

Platinum Industries Annual Data

Trend

Interest Expense

Platinum Industries Semi-Annual Data

Interest Expense

Platinum Industries Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Platinum Industries (NSE:PLATIND) 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.

Platinum Industries's Interest Expense for the six months ended in . 20 was ₹0.00 Mil. Its Operating Income for the six months ended in . 20 was ₹0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was ₹0.00 Mil.

Platinum Industries's Interest Coverage for the quarter that ended in . 20 is calculated as

Platinum Industries had no long-term debt ⁽¹⁾.

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

Platinum Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Platinum Industries Ltd (NSE:PLATIND) » Definitions » Interest Expense

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Traded in Other Exchanges

544134:India

Address

Andheri Kurla Road, Unit No. 841, 4th Floor, Solitaire Corporate Park-8, Andheri East, Mumbai, MH, IND, 400093

Website

https://platinumindustriesltd.com

Platinum Industries Ltd is a multi-product company engaged in the business of manufacturing stabilizers. Its business segment includes PVC stabilizers, CPVC additives, and lubricants. The company operates in the speciality chemicals industry and its products find their application in PVC pipes, PVC profiles, PVC fittings, electrical wires and cables, SPC floor tiles, Rigid PVC foam boards, packaging materials, etc.

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