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Paramount Cosmetics (India) (BOM:507970) Interest Expense : ₹-16.6 Mil (TTM As of Dec. 2023)


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What is Paramount Cosmetics (India) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Paramount Cosmetics (India)'s interest expense for the three months ended in Dec. 2023 was ₹ -4.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-16.6 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. Paramount Cosmetics (India)'s Operating Income for the three months ended in Dec. 2023 was ₹ 1.6 Mil. Paramount Cosmetics (India)'s Interest Expense for the three months ended in Dec. 2023 was ₹ -4.4 Mil. Paramount Cosmetics (India)'s Interest Coverage for the quarter that ended in Dec. 2023 was 0.36. 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.

Paramount Cosmetics (India) Interest Expense Historical Data

The historical data trend for Paramount Cosmetics (India)'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.

Paramount Cosmetics (India) Interest Expense Chart

Paramount Cosmetics (India) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -23.72 -22.04 -22.55 -23.14 -16.29

Paramount Cosmetics (India) 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 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 -4.46 -3.63 -3.94 -4.60 -4.38

Paramount Cosmetics (India) 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 ₹-16.6 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.

Paramount Cosmetics (India)  (BOM:507970) 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.

Paramount Cosmetics (India)'s Interest Expense for the three months ended in Dec. 2023 was ₹-4.4 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹1.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0.0 Mil.

Paramount Cosmetics (India)'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*1.583/-4.38
=0.36

* 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.

Paramount Cosmetics (India) (BOM:507970) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Paramount Cosmetics (India) Ltd (BOM:507970) » Definitions » Interest Expense
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BOM:542145 BOM:542771 BOM:523120 BOM:539519 BOM:531663 BOM:543579 BOM:530853 BOM:531211 BOM:519494 BOM:532335 PG XPAR:OR LSE:ULVR BOM:500696 CL LSE:RKT EL KMB KVUE XTER:BEI
Traded in Other Exchanges
N/A
Address
No. 29, Mahatma Gandhi Road, 902-904, 9th Floor, Prestige Meridian-1, Bangalore, KA, IND, 560001
Website
https://www.parammount.com
Paramount Cosmetics (India) Ltd operates in the cosmetics industry. The company is a manufacturer and marketer of cosmetics in India. The firm offers cosmetic products under the brands - Shilpa, Sunspot, Kromme, and Instinct. It operates in five segments namely body care, hair care, face care, hand care and color cosmetics. The company operates within India and outside India of which maximum revenue is generated from India.

Paramount Cosmetics (India) (BOM:507970) Headlines

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