Vipul Organics (BOM:530627) Interest Expense : ₹-26 Mil (TTM As of Dec. 2023)

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What is Vipul Organics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vipul Organics's interest expense for the three months ended in Dec. 2023 was ₹ -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-26 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. Vipul Organics's Operating Income for the three months ended in Dec. 2023 was ₹ 17 Mil. Vipul Organics's Interest Expense for the three months ended in Dec. 2023 was ₹ -6 Mil. Vipul Organics's Interest Coverage for the quarter that ended in Dec. 2023 was 3.00. 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.

Vipul Organics Interest Expense Historical Data

The historical data trend for Vipul Organics'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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Vipul Organics Interest Expense Chart

Vipul Organics Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-9.44

-7.96

-12.13

-16.41

-26.71

Vipul Organics Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-6.47	-8.86	-6.75	-5.30	-5.56

Vipul Organics 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-26 Mil.

Vipul Organics (BOM:530627) 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.

Vipul Organics's Interest Expense for the three months ended in Dec. 2023 was ₹-6 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹17 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

Vipul Organics's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	16.696	/	-5.56
	=	3.00

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

Vipul Organics (BOM:530627) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Vipul Organics Ltd (BOM:530627) » Definitions » Interest Expense

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Address

Off. Western Express Highway, Sahar Road, B-603, Kaledonia, Andheri (East), Mumbai, MH, IND, 400069

Website

https://www.vipulorganics.com

Vipul Organics Ltd is engaged in the business of Dyestuff, Organic pigments and Organic intermediates in India and internationally. The company manufactures various products such as pigment powder, pigment dispersions, reactive dyes, direct dyes, acid dyes, naphthols, fast color bases, fast color salts, vat dyes and vat paste, basic dyes, food colors and lake colors, intermediates for dyestuffs and pigments, and herbal extracts. In addition, it serves various industries ranging from textile, paint, printing ink, cosmetics and food industry, plastic and much more. It derives key revenue from the exporting its products outside India.

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