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Riga Sugar Co (BOM:507508) Interest Expense : ₹-128.34 Mil (TTM As of Mar. 2022)


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What is Riga Sugar Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Riga Sugar Co's interest expense for the three months ended in Mar. 2022 was ₹ -34.42 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2022 was ₹-128.34 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. Riga Sugar Co's Operating Income for the three months ended in Mar. 2022 was ₹ -32.25 Mil. Riga Sugar Co's Interest Expense for the three months ended in Mar. 2022 was ₹ -34.42 Mil. Riga Sugar Co 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.


Riga Sugar Co Interest Expense Historical Data

The historical data trend for Riga Sugar Co'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.

Riga Sugar Co Interest Expense Chart

Riga Sugar Co Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -152.03 -195.72 -147.93 -175.76 -128.34

Riga Sugar Co Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 -69.94 -31.37 -31.01 -31.54 -34.42

Riga Sugar Co 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-128.34 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.


Riga Sugar Co  (BOM:507508) 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.

Riga Sugar Co's Interest Expense for the three months ended in Mar. 2022 was ₹-34.42 Mil. Its Operating Income for the three months ended in Mar. 2022 was ₹-32.25 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2022 was ₹0.00 Mil.

Riga Sugar Co's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Riga Sugar Co did not have earnings to cover the interest expense.

* 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.


Riga Sugar Co (BOM:507508) Business Description

Traded in Other Exchanges
N/A
Address
14, Netaji Subhas Road, 2nd Floor, Kolkata, WB, IND, 700 001
Riga Sugar Co Ltd is an integrated sugar company. The company's operating segment includes Sugar and Distillery. It generates maximum revenue from the Sugar segment. The company's product includes sugar; molasses; bagasses; ethanol; and fertiliser.

Riga Sugar Co (BOM:507508) Headlines

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