Rajapalayam Mills (BOM:532503) Interest Expense : ₹-740 Mil (TTM As of Mar. 2024)

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What is Rajapalayam Mills Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rajapalayam Mills's interest expense for the three months ended in Mar. 2024 was ₹ -206 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-740 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. Rajapalayam Mills's Operating Income for the three months ended in Mar. 2024 was ₹ 27 Mil. Rajapalayam Mills's Interest Expense for the three months ended in Mar. 2024 was ₹ -206 Mil. Rajapalayam Mills's Interest Coverage for the quarter that ended in Mar. 2024 was 0.13. 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.

Rajapalayam Mills Interest Expense Historical Data

The historical data trend for Rajapalayam Mills'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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Rajapalayam Mills Interest Expense Chart

Rajapalayam Mills Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-239.88

-436.87

-386.68

-550.60

-740.30

Rajapalayam Mills 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															-143.60	-155.70	-169.30	-209.80	-205.50

Rajapalayam Mills 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 ₹-740 Mil.

Rajapalayam Mills (BOM:532503) 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.

Rajapalayam Mills's Interest Expense for the three months ended in Mar. 2024 was ₹-206 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹27 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹5,011 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	26.6	/	-205.5
	=	0.13

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

Rajapalayam Mills (BOM:532503) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Rajapalayam Mills Ltd (BOM:532503) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Rajapalayam Mills Premises, Post Box No. 1, P.A.C. Ramasamy Raja Salai, Rajapalayam, TN, IND, 626117

Website

https://www.rajapalayammills.co.in

Rajapalayam Mills Ltd is an India-based company engaged in the manufacture of yarn and fabrics. The operates in segments namely, Textiles and Windmills. The Textiles segment of the company offers ring yarn, compact yarn, Elitwist compact yarn, TFO doubled yarn, gassed yarn, slub, and multicount yarn, model/Tencel yarn, open-end yarn, and organic cotton yarn, and the windmills segment engaged in the generation of power from windmills. The firm generates a majority of its revenue from the textile segment.

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