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


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What is Rainbow Papers Interest Expense?

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 Interest Expense Historical Data

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.

* Premium members only.

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 - 1.09 - -

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.


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 (NSE:RAINBOWPAP) Business Description

Traded in Other Exchanges
N/A
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.

Rainbow Papers (NSE:RAINBOWPAP) Headlines

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