Anik Industries (BOM:519383) Interest Expense : ₹-9 Mil (TTM As of Mar. 2024)

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What is Anik Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Anik Industries's interest expense for the three months ended in Mar. 2024 was ₹ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-9 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. Anik Industries's Operating Income for the three months ended in Mar. 2024 was ₹ 29 Mil. Anik Industries's Interest Expense for the three months ended in Mar. 2024 was ₹ 0 Mil. Anik Industries 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.

Anik Industries Interest Expense Historical Data

The historical data trend for Anik 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.

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Anik Industries Interest Expense Chart

Anik Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-80.35

-96.52

-52.72

-35.74

-8.94

Anik Industries 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															-14.40	-6.90	-2.24	-0.05	0.25

Anik Industries 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 ₹-9 Mil.

Anik Industries (BOM:519383) 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.

Anik Industries's Interest Expense for the three months ended in Mar. 2024 was ₹0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹29 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹39 Mil.

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

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

Anik Industries (BOM:519383) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Anik Industries Ltd (BOM:519383) » Definitions » Interest Expense

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ANIKINDS:India

Address

2/1 South Tukoganj, Behind High Court, Indore, MP, IND, 452001

Website

http://www.anikgroup.com

Anik Industries Ltd is an Indian company which is primarily engaged in the business of trading of Agri- Commodities, Edible oil and Vanaspati, Property Development, Wind power Generation and others. Its business segments are Real Estate, Wind Power Unit, and Others. The company generates the majority of its revenue from the Real Estate segment.

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