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Archidply Industries (BOM:532994) Interest Expense : ₹-75 Mil (TTM As of Mar. 2024)


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What is Archidply Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Archidply Industries's interest expense for the three months ended in Mar. 2024 was ₹ -21 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-75 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. Archidply Industries's Operating Income for the three months ended in Mar. 2024 was ₹ 45 Mil. Archidply Industries's Interest Expense for the three months ended in Mar. 2024 was ₹ -21 Mil. Archidply Industries'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.

Archidply Industries Interest Expense Historical Data

The historical data trend for Archidply Industries'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.

Archidply Industries Interest Expense Chart

Archidply Industries 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 -59.43 -43.06 -40.31 -57.63 -74.50

Archidply Industries 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 -15.78 -16.56 -17.57 -19.43 -20.95

Archidply Industries 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 ₹-75 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.

Archidply Industries  (BOM:532994) 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.

Archidply Industries's Interest Expense for the three months ended in Mar. 2024 was ₹-21 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹45 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹733 Mil.

Archidply Industries'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*44.548/-20.946
=2.13

* 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.

Archidply Industries (BOM:532994) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Archidply Industries Ltd (BOM:532994) » Definitions » Interest Expense
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BOM:516003 BOM:540954 NSE:WIPL NSE:MILTON BOM:526490 BOM:523732 BOM:542155 OSTO:SCA A UFPI SSD TSX:WFG TSX:SJ BOM:532548 XLIS:COR TSX:CFP SZSE:002043 BSP:DXCO3 XKRX:025900 SHSE:600189 TSX:IFP
Traded in Other Exchanges
ARCHIDPLY:India
Address
2/9, 1st Floor, W.H.S. Kirti Nagar, Near Kirti Nagar Police Station, Block A, Kirti Nagar Industrial Area, Kirti Nagar, New Delhi, IND, 110015
Website
https://www.archidply.com
Archidply Industries Ltd is engaged in manufacturing plywood, decorative plywood, and decorative laminates. The firm operates through two segments: Wood-based product and Paper-based product. The company's Wood-based products segment includes Plywood, Block Boar and Flush Doors etc. whereas Paper-based products segment includes Laminated Sheets (HPL). Its product range comprises of plywood, blockboard and flush doors, pre-laminated board, decorative laminates, and decorative veneers. Firm's products range includes MR Grade Plywood, Densified Film Faced Plywood, Fire Retardant Plywood, Shuttering Plywood, BWR Blockboard, BWP Flush Door, and Teak Block Board. Wood-based products segment continues to be the revenue generator for the company.

Archidply Industries (BOM:532994) Headlines

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