Visagar Polytex (BOM:506146) Interest Expense : ₹-6.78 Mil (TTM As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Visagar Polytex Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Visagar Polytex's interest expense for the three months ended in Mar. 2024 was ₹ -1.48 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-6.78 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. Visagar Polytex's Operating Income for the three months ended in Mar. 2024 was ₹ -147.37 Mil. Visagar Polytex's Interest Expense for the three months ended in Mar. 2024 was ₹ -1.48 Mil. Visagar Polytex 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.

Visagar Polytex Interest Expense Historical Data

The historical data trend for Visagar Polytex'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.

Visagar Polytex Interest Expense Chart

Visagar Polytex Annual Data

Trend

Jun14

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-2.64

-1.66

-6.54

-6.93

-6.78

Visagar Polytex Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-1.85	-1.86	-1.78	-1.66	-1.48

Visagar Polytex 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-6.78 Mil.

Visagar Polytex (BOM:506146) 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.

Visagar Polytex's Interest Expense for the three months ended in Mar. 2024 was ₹-1.48 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-147.37 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹64.96 Mil.

Visagar Polytex's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Visagar Polytex did not have earnings to cover the interest expense.

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

Visagar Polytex (BOM:506146) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Visagar Polytex Ltd (BOM:506146) » Definitions » Interest Expense

Traded in Other Exchanges

VIVIDHA:India

Address

S.V. Road, 907-908, Dev Plaza, Opposite Andheri Fire Station, Andheri (West), Mumbai, MH, IND, 400058

Website

http://www.visagarpolytex.in

Visagar Polytex Ltd is an India-based textile manufacturing company. It is principally engaged in textile manufacturing, wholesale, retail, and trading business. The company deals with ethnic wear including sarees, lehengas, and suits, interlining goods, and other fabrics. It operates its textiles under the brand name Vividha. The company manufactures and markets its products in India and thus derives entire revenue within the country.

Visagar Polytex (BOM:506146) Headlines

No Headlines