Polyplex (NSE:POLYPLEX) Interest Expense : ₹-424 Mil (TTM As of Mar. 2024)

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What is Polyplex Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Polyplex's interest expense for the three months ended in Mar. 2024 was ₹ -103 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-424 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. Polyplex's Operating Income for the three months ended in Mar. 2024 was ₹ -4,669 Mil. Polyplex's Interest Expense for the three months ended in Mar. 2024 was ₹ -103 Mil. Polyplex did not have earnings to cover the interest expense. 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.

Polyplex Interest Expense Historical Data

The historical data trend for Polyplex'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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Polyplex Interest Expense Chart

Polyplex Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-172.30

-165.52

-147.50

-352.70

-423.80

Polyplex 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															-113.40	-118.10	-99.50	-102.90	-103.30

Polyplex 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 ₹-424 Mil.

Polyplex (NSE:POLYPLEX) 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.

Polyplex's Interest Expense for the three months ended in Mar. 2024 was ₹-103 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-4,669 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹3,681 Mil.

Polyplex's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Polyplex did not have earnings to cover the interest expense.

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

Polyplex (NSE:POLYPLEX) Business Description

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524051:India

Address

B-37, Sector-1, District Gautam Budh Nagar, Noida, UP, IND, 201 301

Website

https://www.polyplex.com

Polyplex Corp Ltd is an India-based company engaged in the manufacturing of plastic films. The company diversified its business under Polyethylene Terephthalate films, Cast Polypropylene films, and Biaxially Oriented Polypropylene. The company has only one business segment i.e. Plastic film. These products act as raw materials for their product applications like packaging, industrial, and specialties, electrical, roofing, and others. Geographically, it derives a majority of its revenue from Outside India.

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