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Aegis Logistics (BOM:500003) Interest Expense : ₹-1,073 Mil (TTM As of Dec. 2023)


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What is Aegis Logistics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aegis Logistics's interest expense for the three months ended in Dec. 2023 was ₹ -302 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-1,073 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. Aegis Logistics's Operating Income for the three months ended in Dec. 2023 was ₹ 1,773 Mil. Aegis Logistics's Interest Expense for the three months ended in Dec. 2023 was ₹ -302 Mil. Aegis Logistics's Interest Coverage for the quarter that ended in Dec. 2023 was 5.87. 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.

Aegis Logistics Interest Expense Historical Data

The historical data trend for Aegis Logistics'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.

Aegis Logistics Interest Expense Chart

Aegis Logistics 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 -249.77 -302.33 -161.91 -176.98 -836.16

Aegis Logistics 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 -271.60 -207.36 -297.90 -265.60 -301.90

Aegis Logistics 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 ₹-1,073 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.

Aegis Logistics  (BOM:500003) 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.

Aegis Logistics's Interest Expense for the three months ended in Dec. 2023 was ₹-302 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹1,773 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

Aegis Logistics'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*1773.3/-301.9
=5.87

* 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.

Aegis Logistics (BOM:500003) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Aegis Logistics Ltd (BOM:500003) » Definitions » Interest Expense
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BOM:500110 BOM:500870 BOM:500109 BOM:526829 BOM:524820 BOM:532435 BOM:532543 NSE:ARABIAN BOM:523232 BOM:530025 NSE:RELIANCE MPC PSX VLO OHEL:NESTE TPE:6505 XKAZ:KMGZ NSE:IOC TSE:5020 DINO
Traded in Other Exchanges
AEGISCHEM:India
Address
Ganpatrao Kadam Marg, 1202, 12th Floor, Tower B, Peninsula Business Park, Lower Parel (West), Mumbai, MH, IND, 400013
Website
https://www.aegisindia.com
Aegis Logistics Ltd. is an oil, gas, and petrochemical logistics company based out of India. It operates a network of bulk liquid handling terminals, liquefied petroleum gas (LPG) terminals, filling plants, pipelines, and gas stations to deliver products and services. Clients consist mainly of Indian industrial companies and retail customers that utilize gas stations. The majority of revenue is derived from gas terminal operations. Gas logistics encompasses complete supply chain management and delivers both pressurized and refrigerated cargoes to several major ports on the coastline of India, including its own LPG terminals. Terminals include tank farm installations and are connected by pipelines at various sites. The pipelines handle exportation and importation of various products.

Aegis Logistics (BOM:500003) Headlines

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