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Abhishek Integrations (NSE:AILIMITED) Interest Expense : ₹-7.7 Mil (TTM As of Mar. 2024)


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What is Abhishek Integrations Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Abhishek Integrations's interest expense for the six months ended in Mar. 2024 was ₹ -3.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-7.7 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. Abhishek Integrations's Operating Income for the six months ended in Mar. 2024 was ₹ 9.4 Mil. Abhishek Integrations's Interest Expense for the six months ended in Mar. 2024 was ₹ -3.6 Mil. Abhishek Integrations's Interest Coverage for the quarter that ended in Mar. 2024 was 2.60. 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.


Abhishek Integrations Interest Expense Historical Data

The historical data trend for Abhishek Integrations'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.

Abhishek Integrations Interest Expense Chart

Abhishek Integrations Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial - -0.24 -0.63 -4.37 -7.65

Abhishek Integrations Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.55 -1.31 -3.06 -4.06 -3.60

Abhishek Integrations 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 ₹-7.7 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.


Abhishek Integrations  (NSE:AILIMITED) 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.

Abhishek Integrations's Interest Expense for the six months ended in Mar. 2024 was ₹-3.6 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹9.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹13.7 Mil.

Abhishek Integrations'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*9.355/-3.597
=2.60

* 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.


Abhishek Integrations (NSE:AILIMITED) Business Description

Traded in Other Exchanges
N/A
Address
Gandhinagar Hwy, opp. Rajpath Rangoli Road, 801, Venus Benecia, Sarkhej, Bodakdev, Ahmedabad, GJ, IND, 380053
Abhishek Integrations Ltd is engaged in developing, operating, and maintenance of electrical and mechanical work and its installation at various airports in India. The firm has various ongoing projects of the airport authority of India located at Ahmedabad, Allahabad, Aurangabad, Bhopal, Gaya, Gondia, Indore, Jabalpur, Jaipur, Jaisalmer, Jamnagar, Madurai, Patna, Pune, Tezpur, and Vadodara among others.

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