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Prince Pipes And Fittings (NSE:PRINCEPIPE) Interest Expense : ₹-61 Mil (TTM As of Dec. 2024)


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What is Prince Pipes And Fittings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Prince Pipes And Fittings's interest expense for the three months ended in Dec. 2024 was ₹ -32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-61 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. Prince Pipes And Fittings's Operating Income for the three months ended in Dec. 2024 was ₹ -235 Mil. Prince Pipes And Fittings's Interest Expense for the three months ended in Dec. 2024 was ₹ -32 Mil. Prince Pipes And Fittings 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.


Prince Pipes And Fittings Interest Expense Historical Data

The historical data trend for Prince Pipes And Fittings'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.

Prince Pipes And Fittings Interest Expense Chart

Prince Pipes And Fittings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -286.51 -181.14 -122.82 -102.40 -48.74

Prince Pipes And Fittings 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -27.14 2.73 -14.48 -16.38 -32.46

Prince Pipes And Fittings 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 ₹-61 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.


Prince Pipes And Fittings  (NSE:PRINCEPIPE) 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.

Prince Pipes And Fittings's Interest Expense for the three months ended in Dec. 2024 was ₹-32 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹-235 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Prince Pipes And Fittings's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Prince Pipes And Fittings did not have earnings to cover the interest expense.

* 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.


Prince Pipes And Fittings Business Description

Traded in Other Exchanges
Address
29, Senapati Bapat Marg (Tulsi Pipe Road), 8th Floor, The Ruby, Dadar (West), Mumbai, MH, IND, 400 028
Prince Pipes And Fittings Ltd is a manufacturer of polymer pipes and fittings. The company manufactures polymer pipes using four different polymers: UPVC; CPVC; PPR; and HDPE, and fittings using three different polymers: UPVC; CPVC; and PPR. It markets its products under two brand names: Prince Piping Systems; and Trubore. The company's products are used for various applications in plumbing, irrigation, soil, waste, and rainwater management in both rural and urban areas, and others.

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