Dollex Agrotech (NSE:DOLLEX) Interest Expense : ₹-27 Mil (TTM As of Sep. 2023)

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What is Dollex Agrotech Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dollex Agrotech's interest expense for the six months ended in Sep. 2023 was ₹ -15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₹-27 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. Dollex Agrotech's Operating Income for the six months ended in Sep. 2023 was ₹ 58 Mil. Dollex Agrotech's Interest Expense for the six months ended in Sep. 2023 was ₹ -15 Mil. Dollex Agrotech's Interest Coverage for the quarter that ended in Sep. 2023 was 3.98. 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.

Dollex Agrotech Interest Expense Historical Data

The historical data trend for Dollex Agrotech'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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Dollex Agrotech Interest Expense Chart

Dollex Agrotech Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Interest Expense

-13.65

-21.03

-24.57

-24.14

Dollex Agrotech Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Interest Expense	Get a 7-Day Free Trial			-	-	-12.17	-11.97	-14.61

Dollex Agrotech 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 ₹-27 Mil.

Dollex Agrotech (NSE:DOLLEX) 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.

Dollex Agrotech's Interest Expense for the six months ended in Sep. 2023 was ₹-15 Mil. Its Operating Income for the six months ended in Sep. 2023 was ₹58 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was ₹367 Mil.

Dollex Agrotech'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	*	58.087	/	-14.613
	=	3.98

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

Dollex Agrotech (NSE:DOLLEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dollex Agrotech Ltd (NSE:DOLLEX) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

19/1 Manorama Ganj, 205, Naroli Arcade, Near Palasia Square, Indore, MP, IND, 452001

Website

https://www.dollex.in

Dollex Agrotech Ltd is engaged in the business of manufacturing and trading sugar with captive power cogeneration capabilities. The company also produces and sells its by-products such as molasses, pressed, and bagasse. The bagasse is used to generate power. Further, it is engaged in power generation up to the captive power of 3 MW.

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