Cubex Tubings (NSE:CUBEXTUB) Interest Expense : ₹-17 Mil (TTM As of Mar. 2024)

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What is Cubex Tubings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cubex Tubings's interest expense for the three months ended in Mar. 2024 was ₹ -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-17 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. Cubex Tubings's Operating Income for the three months ended in Mar. 2024 was ₹ 15 Mil. Cubex Tubings's Interest Expense for the three months ended in Mar. 2024 was ₹ -6 Mil. Cubex Tubings's Interest Coverage for the quarter that ended in Mar. 2024 was 2.70. 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.

Cubex Tubings Interest Expense Historical Data

The historical data trend for Cubex Tubings'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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Cubex Tubings Interest Expense Chart

Cubex Tubings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-4.48

-6.20

-7.18

-9.13

-17.13

Cubex Tubings 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															-3.30	-3.11	-3.82	-4.53	-5.67

Cubex Tubings 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 ₹-17 Mil.

Cubex Tubings (NSE:CUBEXTUB) 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.

Cubex Tubings's Interest Expense for the three months ended in Mar. 2024 was ₹-6 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹15 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹2 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	15.316	/	-5.669
	=	2.70

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

Cubex Tubings (NSE:CUBEXTUB) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cubex Tubings Ltd (NSE:CUBEXTUB) » Definitions » Interest Expense

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526027:India

Address

Sarojini Devi Road, 1-7-27 to 34, 2nd Floor, Shyam Towers, United Building Complex, Secunderabad, TG, IND, 500003

Website

https://www.cubextubings.com

Cubex Tubings Ltd is a producer of copper and copper-base alloy products. It manufactures seamless tubes, rods, strips, profiles, and wires of copper and copper-based alloys such as Cupronickel, admiralty Brass, and Aluminum Brass. The products are used by the industries such as Power plants, Power plant manufacturers, switchgear, Refineries, Furnace manufacturers, Sugar plants, Automobile, Electrical Equipment industries, and Shipbuilding. The company operates in only one segment which is Copper and copper alloy products.

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