Rainbow Papers (NSE:RAINBOWPAP) Interest Expense: ₹1.09 Mil (TTM As of Dec. 2018)

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What is Rainbow Papers Interest Expense?

Rainbow Papers NSE:RAINBOWPAP Interest Expense is ₹1.09 Mil as of Dec. 2018.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rainbow Papers's interest expense for the three months ended in Dec. 2018 was ₹ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2018 was ₹1.09 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. Rainbow Papers's Operating Income for the three months ended in Dec. 2018 was ₹ -247.10 Mil. Rainbow Papers's Interest Expense for the three months ended in Dec. 2018 was ₹ 0.00 Mil. Rainbow Papers has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Rainbow Papers  (NSE:RAINBOWPAP) 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.

Rainbow Papers's Interest Expense for the three months ended in Dec. 2018 was ₹0.00 Mil. Its Operating Income for the three months ended in Dec. 2018 was ₹-247.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2018 was ₹0.00 Mil.

Rainbow Papers's Interest Coverage for the quarter that ended in Dec. 2018 is calculated as

Rainbow Papers 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.

Rainbow Papers Interest Expense Historical Data

* Premium members only.

The historical data trend for Rainbow Papers'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.

Rainbow Papers Interest Expense Chart

Rainbow Papers Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -496.04 -556.91 -748.20 -9.98 -0.01

Rainbow Papers Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Sep16 Mar17 Sep17 Dec17 Mar18 Sep18 Dec18
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 -1.10 0.00 1.09 0.00 0.00

Rainbow Papers 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1.09 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 ₹1.09 Mil mean?
Rainbow Papers (NSE:RAINBOWPAP) has a Interest Expense of ₹1.09 Mil as of Dec. 2018. Interest Expense is the amount a company pays on its long-term debt. View historical data on Rainbow Papers and its competitors.
Is Rainbow Papers' Interest Expense too high?
Rainbow Papers' current Interest Expense is ₹1.09 Mil.
How does Rainbow Papers' Interest Expense compare to competitors?
Rainbow Papers' Interest Expense of ₹1.09 Mil can be compared against companies in the Forest Products 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 Forest Products company?
A good Interest Expense depends on the Forest Products 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 Rainbow Papers and its competitors. Rainbow Papers's current Interest Expense is ₹1.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rainbow Papers stock overvalued right now?
Rainbow Papers (NSE:RAINBOWPAP) has a current Interest Expense of ₹1.09 Mil. The current Interest Expense is ₹1.09 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 Rainbow Papers (NSE:RAINBOWPAP), the current Interest Expense is ₹1.09 Mil as of Dec. 2018. 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.

Rainbow Papers Business Description

Address 801, Avdhesh House, Opposite Shri Govind Gurudwara, Sarkhej-Gandhinagar Highway, Thaltej, Ahmedabad, GJ, IND, 380054
Rainbow Papers Ltd engaged in manufacturing, trading, and sale of paper and paper products. The company offers a range of paper including writing and printing paper, newsprint paper, duplex board, coated paper, color paper and board, crepe paper, poster paper, cast coated paper, fluorescent paper. The company supplies its products for industrial, packaging, stationery and textbook purpose. Rainbow Papers earns the majority of its revenue from India.