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Rex Pipes and Cables Industries (NSE:REXPIPES) Interest Expense : ₹-31 Mil (TTM As of Sep. 2024)


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What is Rex Pipes and Cables Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rex Pipes and Cables Industries's interest expense for the six months ended in Sep. 2024 was ₹ -17 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-31 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. Rex Pipes and Cables Industries's Operating Income for the six months ended in Sep. 2024 was ₹ 38 Mil. Rex Pipes and Cables Industries's Interest Expense for the six months ended in Sep. 2024 was ₹ -17 Mil. Rex Pipes and Cables Industries's Interest Coverage for the quarter that ended in Sep. 2024 was 2.28. 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.

Rex Pipes and Cables Industries Interest Expense Historical Data

The historical data trend for Rex Pipes and Cables 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.

* Premium members only.

Rex Pipes and Cables Industries Interest Expense Chart

Rex Pipes and Cables Industries Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial -17.91 -16.62 -16.55 -21.65 -26.83

Rex Pipes and Cables Industries Semi-Annual Data
Mar18 Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -9.86 -11.79 -12.77 -14.06 -16.70

Rex Pipes and Cables Industries 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-31 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.

Rex Pipes and Cables Industries  (NSE:REXPIPES) 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.

Rex Pipes and Cables Industries's Interest Expense for the six months ended in Sep. 2024 was ₹-17 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹38 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹12 Mil.

Rex Pipes and Cables Industries's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*38.037/-16.703
=2.28

* 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.

Rex Pipes and Cables Industries Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rex Pipes and Cables Industries Ltd (NSE:REXPIPES) » Definitions » Interest Expense
Comparable Companies
BOM:507813 BOM:539939 NSE:ABMINTLLTD BOM:500059 BOM:524324 NSE:LRRPL BOM:544308 BOM:524614 BOM:526335 BOM:526269 LIN XPAR:AI SHW ECL APD XSWX:GIVN ISX:TPIA XSWX:SIKA OCSE:NSIS B XAMS:DSFIR
Traded in Other Exchanges
N/A
Address
F-69A, RIICO Industrial Area, Sikar, RJ, IND, 332 001
Website
https://www.rpcil.com
Rex Pipes and Cables Industries Ltd is engaged in the trading and manufacturing of PVC pipes, HDPE pipes, cables, and fittings under the Rex brand name. The company offers a wide range of products including three-core flat cables, PVC & HDPE pipes, single-core flexible home wire, HDPE and sprinklers, and cables that are used by different industries such as agriculture, power, construction, and engineering.

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