GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Eighty Jewellers Ltd (BOM:543518) » Definitions » Interest Expense

Eighty Jewellers (BOM:543518) Interest Expense : ₹-9.1 Mil (TTM As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Eighty Jewellers Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Eighty Jewellers's interest expense for the six months ended in Mar. 2024 was ₹ -3.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-9.1 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. Eighty Jewellers's Operating Income for the six months ended in Mar. 2024 was ₹ 14.8 Mil. Eighty Jewellers's Interest Expense for the six months ended in Mar. 2024 was ₹ -3.9 Mil. Eighty Jewellers's Interest Coverage for the quarter that ended in Mar. 2024 was 3.74. 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.


Eighty Jewellers Interest Expense Historical Data

The historical data trend for Eighty Jewellers'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.

Eighty Jewellers Interest Expense Chart

Eighty Jewellers Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial -15.72 -14.26 -9.23 -10.23 -9.08

Eighty Jewellers Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only -3.43 -3.78 -6.45 -5.13 -3.94

Eighty Jewellers 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-9.1 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.


Eighty Jewellers  (BOM:543518) 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.

Eighty Jewellers's Interest Expense for the six months ended in Mar. 2024 was ₹-3.9 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹14.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹0.0 Mil.

Eighty Jewellers'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*14.77/-3.944
=3.74

* 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.


Eighty Jewellers (BOM:543518) Business Description

Traded in Other Exchanges
N/A
Address
A.T Palace, Kotwali Chowk, Sadar Bazar, Raipur, CT, IND, 492001
Eighty Jewellers Ltd is engaged in the trading of various jewellery, ornaments, watches and luxury articles made out of gold, silver, diamonds and platinum under the brand name of Anopchand Tilokchand Jewellers.

Eighty Jewellers (BOM:543518) Headlines

No Headlines