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Flexituff Ventures International (BOM:533638) Interest Expense : ₹-850 Mil (TTM As of Mar. 2024)


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What is Flexituff Ventures International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Flexituff Ventures International's interest expense for the three months ended in Mar. 2024 was ₹ -240 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-850 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. Flexituff Ventures International's Operating Income for the three months ended in Mar. 2024 was ₹ -645 Mil. Flexituff Ventures International's Interest Expense for the three months ended in Mar. 2024 was ₹ -240 Mil. Flexituff Ventures International 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.


Flexituff Ventures International Interest Expense Historical Data

The historical data trend for Flexituff Ventures International'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.

Flexituff Ventures International Interest Expense Chart

Flexituff Ventures International Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -738.46 -729.19 -668.29 -701.04 -849.63

Flexituff Ventures International 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 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 -173.47 -178.98 -208.99 -221.51 -240.16

Flexituff Ventures International 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 ₹-850 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.


Flexituff Ventures International  (BOM:533638) 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.

Flexituff Ventures International's Interest Expense for the three months ended in Mar. 2024 was ₹-240 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-645 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹242 Mil.

Flexituff Ventures International's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Flexituff Ventures International did not have earnings to cover the interest expense.

* 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.


Flexituff Ventures International (BOM:533638) Business Description

Traded in Other Exchanges
Address
C-41-50, Special Economic Zone, Sector-3, Industrial Area, District Dhar, Pithampur, MP, IND, 454775
Flexituff Ventures International Ltd is engaged in manufacturing of high density/polypropylene woven sacks and flexible intermediate bulk containers (FIBC)/jumbo bags. The company is also engaged in the business of manufacturing reverse printed biaxially oriented polypropylene woven bags, geotextile fabrics, and ground covers, polymer compounds, and drippers. Its bags include sift-proof bags, baffle bags, form-fitted liner bags, builder bag/tunnel-lift, single-loop bags and sling bags. Its products serve retail, industrial, agro and infrastructure sectors.

Flexituff Ventures International (BOM:533638) Headlines

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