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Annapurna Swadisht (NSE:ANNAPURNA) Interest Expense : ₹-29 Mil (TTM As of Sep. 2023)


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What is Annapurna Swadisht Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Annapurna Swadisht's interest expense for the six months ended in Sep. 2023 was ₹ -18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₹-29 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. Annapurna Swadisht's Operating Income for the six months ended in Sep. 2023 was ₹ 112 Mil. Annapurna Swadisht's Interest Expense for the six months ended in Sep. 2023 was ₹ -18 Mil. Annapurna Swadisht's Interest Coverage for the quarter that ended in Sep. 2023 was 6.14. 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.


Annapurna Swadisht Interest Expense Historical Data

The historical data trend for Annapurna Swadisht'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.

Annapurna Swadisht Interest Expense Chart

Annapurna Swadisht Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Interest Expense
-0.30 -1.96 - -15.02

Annapurna Swadisht Semi-Annual Data
Mar20 Mar21 Sep21 Sep22 Mar23 Sep23
Interest Expense Get a 7-Day Free Trial - -2.03 -4.01 -11.01 -18.23

Annapurna Swadisht 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-29 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.


Annapurna Swadisht  (NSE:ANNAPURNA) 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.

Annapurna Swadisht's Interest Expense for the six months ended in Sep. 2023 was ₹-18 Mil. Its Operating Income for the six months ended in Sep. 2023 was ₹112 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was ₹22 Mil.

Annapurna Swadisht's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*111.928/-18.228
=6.14

* 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.


Annapurna Swadisht (NSE:ANNAPURNA) Business Description

Traded in Other Exchanges
N/A
Address
Jawaharlal Nehru Road, Chatterjee International Building, 13th Floor, Unit No. A01 and A02, 33A, Kolkata, WB, IND, 700071
Annapurna Swadisht Ltd is a manufacturer of snacks and food products, namely, Fryums, cakes, candy, namkeen, chips, and Gohona Bori. It sells more than 12 Lakh packets of products daily. The company's products are marketed under its own brand names Jackpot, Chatpata Moon, Balloon, Finger, Rambo, Makeup Box, Dhamaka, Phoochka, Jungle Adventures, Ringa, Bachpan Ka Pyaar, Kurchure, Cream Filled Cake Vanilla, Cream Filled Cake Litchi, among others. The company operates only in one segment, namely the manufacturing of food products.

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