Silkflex Polymers (India) (NSE:SILKFLEX) Interest Expense : ₹-9.8 Mil (TTM As of Sep. 2024)

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What is Silkflex Polymers (India) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Silkflex Polymers (India)'s interest expense for the six months ended in Sep. 2024 was ₹ -9.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-9.8 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. Silkflex Polymers (India)'s Operating Income for the six months ended in Sep. 2024 was ₹ 50.6 Mil. Silkflex Polymers (India)'s Interest Expense for the six months ended in Sep. 2024 was ₹ -9.8 Mil. Silkflex Polymers (India)'s Interest Coverage for the quarter that ended in Sep. 2024 was 5.17. 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.

Silkflex Polymers (India) Interest Expense Historical Data

The historical data trend for Silkflex Polymers (India)'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.

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Silkflex Polymers (India) Interest Expense Chart

Silkflex Polymers (India) Annual Data

Trend

Mar21

Mar22

Mar23

Interest Expense

-7.43

-6.54

-9.56

Silkflex Polymers (India) Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Sep24
Interest Expense	-	-	-	-4.25	-9.80

Silkflex Polymers (India) 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 ₹-9.8 Mil.

Silkflex Polymers (India) (NSE:SILKFLEX) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Silkflex Polymers (India)'s Interest Expense for the six months ended in Sep. 2024 was ₹-9.8 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹50.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹4.3 Mil.

Silkflex Polymers (India)'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	*	50.626	/	-9.8
	=	5.17

The higher the ratio, the stronger the company's financial strength is.

Silkflex Polymers (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Silkflex Polymers (India) Ltd (NSE:SILKFLEX) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Daga Complex, Sulati Jaladhulagori, Sankrail, Howrah, WB, IND, 711302

Website

https://www.silkflexindia.in

Silkflex Polymers (India) Ltd is engaged in the trading of textile printing inks and water-based wood coating polymer products of a Malaysian brand- "Silkflex" produced by Silkflex Polymers SDN BHD. The business is divided into two categories i.e., textile printing ink products and wood coating products. Textile printing ink products include screen coating, Glue, Machine grade non-pvc inks, Additives, and Specialty water-based non-pvc inks. Wood coating products include Base coat, Top coat, Stains, and Sealer.

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