Transpek Industry (BOM:506687) Interest Expense : ₹-144 Mil (TTM As of Mar. 2024)

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What is Transpek Industry Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Transpek Industry's interest expense for the three months ended in Mar. 2024 was ₹ -35 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-144 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. Transpek Industry's Operating Income for the three months ended in Mar. 2024 was ₹ 74 Mil. Transpek Industry's Interest Expense for the three months ended in Mar. 2024 was ₹ -35 Mil. Transpek Industry's Interest Coverage for the quarter that ended in Mar. 2024 was 2.13. 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.

Transpek Industry Interest Expense Historical Data

The historical data trend for Transpek Industry'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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Transpek Industry Interest Expense Chart

Transpek Industry Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-129.56

-85.01

-73.11

-192.31

-143.55

Transpek Industry 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															-57.91	-41.45	-30.36	-36.86	-34.87

Transpek Industry 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 ₹-144 Mil.

Transpek Industry (BOM:506687) 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.

Transpek Industry's Interest Expense for the three months ended in Mar. 2024 was ₹-35 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹74 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹723 Mil.

Transpek Industry'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	*	74.344	/	-34.868
	=	2.13

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

Transpek Industry (BOM:506687) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Transpek Industry Ltd (BOM:506687) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Gotri Sevasi Road, 4th Floor, Lilleria 1038, Vadodora, GJ, IND, 390 021

Website

https://www.transpek.com

Transpek Industry Ltd is a chemical manufacturing company which engages in the manufacturing and export of a range of Chemicals; Pesticides; Organic compounds like Tri Ethylene Glycol Dichloride, Cetyl Chloride, Pivaloyl Chloride and Terephthaloyl Chloride and Inorganic compounds like Thionyl Chloride, Sulphur Monochloride, Sulphur Trioxide and Chloro Sulphonic Acid. The Company is engaged in the business of manufacturing of Chemicals which is the only operating Segment. These products are used in various industrial applications, such as polymers, plastics, performance materials, agrochemicals, coatings, pharmaceuticals, personal care, and fragrance industries. The group sells its products in India and also exports to other countries, of which key revenue is derived from North America.

Transpek Industry (BOM:506687) Headlines

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