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Flair Writing Industries (BOM:544030) Interest Expense : ₹-102 Mil (TTM As of Mar. 2024)


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What is Flair Writing Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Flair Writing Industries's interest expense for the six months ended in Mar. 2024 was ₹ -102 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-102 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. Flair Writing Industries's Operating Income for the six months ended in Mar. 2024 was ₹ 1,544 Mil. Flair Writing Industries's Interest Expense for the six months ended in Mar. 2024 was ₹ -102 Mil. Flair Writing Industries's Interest Coverage for the quarter that ended in Mar. 2024 was 15.21. 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.

Flair Writing Industries Interest Expense Historical Data

The historical data trend for Flair Writing 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.

Flair Writing Industries Interest Expense Chart

Flair Writing Industries Annual Data
Trend Mar17 Mar18 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial -34.92 -113.07 -99.73 -99.91 -101.50

Flair Writing Industries Semi-Annual Data
Mar17 Mar18 Mar21 Mar22 Mar23 Mar24
Interest Expense Get a 7-Day Free Trial -34.92 -113.07 -99.73 -99.91 -101.50

Flair Writing Industries Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-102 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.

Flair Writing Industries  (BOM:544030) 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.

Flair Writing Industries's Interest Expense for the six months ended in Mar. 2024 was ₹-102 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹1,544 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹509 Mil.

Flair Writing 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*1544.32/-101.5
=15.21

* 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.

Flair Writing Industries (BOM:544030) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Flair Writing Industries Ltd (BOM:544030) » Definitions » Interest Expense
Comparable Companies
Traded in Other Exchanges
FLAIR:India
Address
63 B/C, Government Industrial Estate, Charkop, Kandivali West, Mumbai, MH, IND, 400 067
Website
https://www.flairworld.in
Flair Writing Industries Ltd is engaged in manufacturing pens and other products. It manufactures and distributes several brands in India and due to its ability to manufacture quality products and its distribution and retail capabilities, It is able to partner with various international brands in the writing instruments industry. Its products are sold under its Flair brand, its principal brands Hauser and Pierre Cardin and It has recently introduced ZOOX in India. Its products include ball pens, fountain pens, gel pens, roller pens and metal pens, mechanical pencils, highlighters, correction pens, markers, gel crayons, colouring range, erasers, geometry boxes and kids stationery kits, and calculators.

Flair Writing Industries (BOM:544030) Headlines

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