Refex Industries (BOM:532884) Interest Expense : ₹-294 Mil (TTM As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Refex Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Refex Industries's interest expense for the three months ended in Mar. 2024 was ₹ -85 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-294 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. Refex Industries's Operating Income for the three months ended in Mar. 2024 was ₹ 371 Mil. Refex Industries's Interest Expense for the three months ended in Mar. 2024 was ₹ -85 Mil. Refex Industries's Interest Coverage for the quarter that ended in Mar. 2024 was 4.37. 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.

Refex Industries Interest Expense Historical Data

The historical data trend for Refex 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.

* Premium members only.

Refex Industries Interest Expense Chart

Refex Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-8.68

-89.28

-92.40

-194.10

-293.59

Refex 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															-85.67	-63.76	-61.81	-83.06	-84.96

Refex 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 ₹-294 Mil.

Refex Industries (BOM:532884) 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.

Refex Industries's Interest Expense for the three months ended in Mar. 2024 was ₹-85 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹371 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹1,381 Mil.

Refex Industries'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	*	370.974	/	-84.962
	=	4.37

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

Refex Industries (BOM:532884) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Refex Industries Ltd (BOM:532884) » Definitions » Interest Expense

Traded in Other Exchanges

REFEX:India

Address

Venkat Narayana Road, New No. 10/2, Old No. 56L, 11th Floor, Bascon Futura IT Park, T. Nagar, Chennai, TN, IND, 600017

Website

https://www.refex.co.in

Refex Industries Ltd is a manufacturer and refiller of refrigerant gases. The company's operating segment includes Coal & Ash Handling Business, Solar Power - Generation and Related Activities, Refrigerant Gas- (Refilling) and Sales, Sale Of Service, Power Trading, and Other. Geographically, the business activities are operated through the region of India.

Refex Industries (BOM:532884) Headlines

No Headlines