Global Pet Industries (NSE:GLOBALPET) Interest Expense : ₹ Mil (TTM As of Mar. 2022)

View and export this data going back to 2023. Start your Free Trial

What is Global Pet Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Global Pet Industries's interest expense for the six months ended in Mar. 2022 was ₹ -0.2 Mil. Global Pet Industries does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Mar. 2022.

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. Global Pet Industries's Operating Income for the six months ended in Mar. 2022 was ₹ 12.5 Mil. Global Pet Industries's Interest Expense for the six months ended in Mar. 2022 was ₹ -0.2 Mil. Global Pet Industries's Interest Coverage for the quarter that ended in Mar. 2022 was 80.16. 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.

Global Pet Industries Interest Expense Historical Data

The historical data trend for Global Pet 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.

Global Pet Industries Interest Expense Chart

Global Pet Industries Annual Data

Trend

Mar20

Mar21

Mar22

Interest Expense

-0.19

-0.14

-0.16

Global Pet Industries Semi-Annual Data
	Mar20	Mar21	Mar22
Interest Expense	-0.19	-0.14	-0.16

Global Pet Industries Interest Expense Calculation

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

Global Pet Industries (NSE:GLOBALPET) 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.

Global Pet Industries's Interest Expense for the six months ended in Mar. 2022 was ₹-0.2 Mil. Its Operating Income for the six months ended in Mar. 2022 was ₹12.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2022 was ₹0.0 Mil.

Global Pet Industries's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2022 )	/	Interest Expense (Q: Mar. 2022 )
	=	-1	*	12.505	/	-0.156
	=	80.16

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

Global Pet Industries (NSE:GLOBALPET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Global Pet Industries Ltd (NSE:GLOBALPET) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit Nos. 8 to 15, 108 & 109, Karishma Industrial Estate, Survey No. 36, Hissa No. 5, Village Waliv, Dhumal Nagar, Near Rashmi Bungalow, Vasai East, Palghar, Vasai, MH, IND, 401208

Website

https://www.globalpetind.com

Global Pet Industries Ltd is engaged in manufacturing of PET Stretch Blow Moulding Machine which is used for manufacturing of machine which is suitable in the business segment of Pet stretch below moulding solutions from 50ml to 20 Litres of PET bottles such as fridge bottles, packaged drinking mineral water bottles, carbonated soft drinks bottles, hot fill juice bottles, edible oil bottles, liquid detergent bottles, cosmetic products bottles, confectionery jars, Pharma bottles, liquor & distilleries bottles, pesticides bottles, etc. Apart from manufacturing of PET Stretch Blow Moulding Machine, the company also provides after-sales services such as providing spares, components, accessories and providing repairs and maintenance of the machines after delivery.

Global Pet Industries (NSE:GLOBALPET) Headlines

No Headlines