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


NSE:PLATIND Platinum Industries Ltd NSE:PLATIND
16 GF Score
Price ₹245.40
! 1 Warning Sign
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What is Platinum Industries Interest Expense?

Platinum Industries NSE:PLATIND +8.66% 16 Interest Expense is ₹ Mil as of . 20. GuruFocus rates NSE:PLATIND with a GF Score™ of 16/100. The stock has 1 warning sign investors should review.

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  (NSE:PLATIND) 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.

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).

* 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.

Platinum Industries Interest Expense Historical Data

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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.

Platinum Industries Interest Expense Chart

Platinum Industries Annual Data
Trend
Interest Expense

Platinum Industries Semi-Annual Data
Interest Expense
NSE:PLATIND
16GF Score
Platinum Industries Ltd NSE:PLATIND
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Platinum Industries Interest Expense Calculation

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

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ₹ Mil mean?
Platinum Industries (NSE:PLATIND) has a Interest Expense of ₹ Mil as of . 20. Interest Expense is the amount a company pays on its long-term debt. View historical data on Platinum Industries and its competitors.
Is Platinum Industries' Interest Expense too high?
Platinum Industries' current Interest Expense is ₹ Mil. Overall, Platinum Industries has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Platinum Industries' Interest Expense compare to ?
Platinum Industries' Interest Expense of ₹ Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Interest Expense depends on the Chemicals 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 Platinum Industries and its competitors. Platinum Industries's current Interest Expense is ₹ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Platinum Industries stock overvalued right now?
Platinum Industries (NSE:PLATIND) has a current Interest Expense of ₹ Mil. The current Interest Expense is ₹ Mil. Platinum Industries' overall GF Score™ is 16/100 with 1 warning sign to review. 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 Platinum Industries (NSE:PLATIND), the current Interest Expense is ₹ Mil as of . 20. 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.

Platinum Industries Business Description

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Other Exchanges 544134:India
Address Andheri Kurla Road, Unit No. 841, 4th Floor, Solitaire Corporate Park-8, Andheri East, Mumbai, MH, IND, 400093
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.
16GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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