GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » United Van Der Horst Ltd (BOM:522091) » Definitions » Interest Expense

United Van Der Horst (BOM:522091) Interest Expense : ₹-19.8 Mil (TTM As of Dec. 2023)


View and export this data going back to 1991. Start your Free Trial

What is United Van Der Horst Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. United Van Der Horst's interest expense for the three months ended in Dec. 2023 was ₹ -7.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-19.8 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. United Van Der Horst's Operating Income for the three months ended in Dec. 2023 was ₹ 17.4 Mil. United Van Der Horst's Interest Expense for the three months ended in Dec. 2023 was ₹ -7.2 Mil. United Van Der Horst's Interest Coverage for the quarter that ended in Dec. 2023 was 2.41. 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.


United Van Der Horst Interest Expense Historical Data

The historical data trend for United Van Der Horst'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.

United Van Der Horst Interest Expense Chart

United Van Der Horst 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 -10.70 -12.00 -13.37 -13.80 -17.98

United Van Der Horst Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 -4.62 -4.17 -5.47 -7.12 -7.21

United Van Der Horst 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 ₹-19.8 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.


United Van Der Horst  (BOM:522091) 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.

United Van Der Horst's Interest Expense for the three months ended in Dec. 2023 was ₹-7.2 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹17.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0.0 Mil.

United Van Der Horst'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*17.407/-7.209
=2.41

* 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.


United Van Der Horst (BOM:522091) Business Description

Traded in Other Exchanges
N/A
Address
E-29/30 MIDC Industrial Area, Taloja, Raigad District, Navi Mumbai, MH, IND, 410208
United Van Der Horst Ltd is a company engaged in providing reconditioning, re-standardizing, reverse engineering, and manufacturing services to the sectors such as marine, oil field, power plants, petrochemicals, and mining. The business segments of the group are Manufacturing and reconditioning; and Others, of which maximum revenue is derived from the Job work and reconditioning segment, which relates to job work of hydraulic cylinders. The group's process includes grinding, honing, chrome plating, boring, vertical turret lathe, and groove grinding. It offers products like hydraulic cylinders, pneumatic cylinders, hydraulic seals, pneumatic seals, telescopic cylinders, a coil buggy cylinder, rock breaker cylinder, jacking cylinder, and others.

United Van Der Horst (BOM:522091) Headlines

No Headlines