Goyallt (NSE:GOYALSALT) Interest Expense : ₹-10 Mil (TTM As of Mar. 2023)

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What is Goyallt Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Goyallt's interest expense for the six months ended in Mar. 2023 was ₹ -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 was ₹-10 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. Goyallt's Operating Income for the six months ended in Mar. 2023 was ₹ 59 Mil. Goyallt's Interest Expense for the six months ended in Mar. 2023 was ₹ -10 Mil. Goyallt's Interest Coverage for the quarter that ended in Mar. 2023 was 5.90. 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.

Goyallt Interest Expense Historical Data

The historical data trend for Goyallt'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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Goyallt Interest Expense Chart

Goyallt Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Interest Expense

-15.28

-11.10

-10.02

-10.03

Goyallt Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Interest Expense	-15.28	-11.10	-10.02	-10.03

Goyallt Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Mar. 2023 was ₹-10 Mil.

Goyallt (NSE:GOYALSALT) 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.

Goyallt's Interest Expense for the six months ended in Mar. 2023 was ₹-10 Mil. Its Operating Income for the six months ended in Mar. 2023 was ₹59 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2023 was ₹0 Mil.

Goyallt's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2023 )	/	Interest Expense (Q: Mar. 2023 )
	=	-1	*	59.151	/	-10.029
	=	5.90

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

Goyallt (NSE:GOYALSALT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Goyal Salt Ltd (NSE:GOYALSALT) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Plot No. 229-230, Guru Jambeshwar Nagar, Lane No. 7 Gandhi Path, Vaishali Nagar, Jaipur, RJ, IND, 302021

Website

https://www.goyalsaltltd.com

Goyal Salt Ltd is a company which is primarily engaged in the business of refining of raw salts procured from sub soil brine in the state of Rajasthan for useable as industrial salts and edible salts. It refines and supplies pure, refined and quality range of triple refined free flow iodized salt, industrial salt, double fortified salt and triple refined half dry salt.

Goyallt (NSE:GOYALSALT) Headlines

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