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Aeonx Digital Technology (BOM:524594) Interest Expense : ₹-0.9 Mil (TTM As of Dec. 2023)


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What is Aeonx Digital Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aeonx Digital Technology's interest expense for the three months ended in Dec. 2023 was ₹ -0.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-0.9 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. Aeonx Digital Technology's Operating Income for the three months ended in Dec. 2023 was ₹ 0.4 Mil. Aeonx Digital Technology's Interest Expense for the three months ended in Dec. 2023 was ₹ -0.4 Mil. Aeonx Digital Technology's Interest Coverage for the quarter that ended in Dec. 2023 was 0.92. 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.


Aeonx Digital Technology Interest Expense Historical Data

The historical data trend for Aeonx Digital Technology'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.

Aeonx Digital Technology Interest Expense Chart

Aeonx Digital Technology 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 -11.37 -6.42 -3.06 -3.13 -1.63

Aeonx Digital Technology 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 -0.36 -0.14 -0.04 -0.37 -0.39

Aeonx Digital Technology 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 ₹-0.9 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.


Aeonx Digital Technology  (BOM:524594) 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.

Aeonx Digital Technology's Interest Expense for the three months ended in Dec. 2023 was ₹-0.4 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹0.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0.0 Mil.

Aeonx Digital Technology'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*0.361/-0.393
=0.92

* 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.


Aeonx Digital Technology (BOM:524594) Business Description

Traded in Other Exchanges
N/A
Address
Dr. D. N. Road, 12/13, Jeevan Udyog Building, 278, Fort, Mumbai, MH, IND, 400 001
Aeonx Digital Technology Ltd formerly Ashok Alco-Chem Ltd is engaged in the business of Manufacturing Chemicals and Trading in Minerals. It has also deepened its footprint in the minerals segment by acquiring a company engaged in the business of mineral-based pharmaceutical intermediates. Its product portfolio comprises the Chemical division, Ceramic material division, and Global trading division. The company has two segments namely, the Sale of products and IT services. The majority of revenue is generated from the sale of products.

Aeonx Digital Technology (BOM:524594) Headlines

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