JK Cement (NSE:JKCEMENT) Interest Expense : ₹-4,531 Mil (TTM As of Mar. 2024)

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What is JK Cement Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. JK Cement's interest expense for the three months ended in Mar. 2024 was ₹ -1,149 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-4,531 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. JK Cement's Operating Income for the three months ended in Mar. 2024 was ₹ 4,069 Mil. JK Cement's Interest Expense for the three months ended in Mar. 2024 was ₹ -1,149 Mil. JK Cement's Interest Coverage for the quarter that ended in Mar. 2024 was 3.54. 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.

JK Cement Interest Expense Historical Data

The historical data trend for JK Cement'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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JK Cement Interest Expense Chart

JK Cement Annual Data

Trend

Mar15

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Mar19

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Mar23

Mar24

Interest Expense

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-2,707.99

-2,490.51

-2,643.08

-3,121.80

-4,531.30

JK Cement Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-1,011.46	-1,090.45	-1,150.13	-1,141.35	-1,149.38

JK Cement 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 quarterly data reported by the company within the most recent 12 months, which was ₹-4,531 Mil.

JK Cement (NSE:JKCEMENT) 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.

JK Cement's Interest Expense for the three months ended in Mar. 2024 was ₹-1,149 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹4,069 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹43,658 Mil.

JK Cement'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	*	4069.341	/	-1149.376
	=	3.54

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

JK Cement (NSE:JKCEMENT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » JK Cement Ltd (NSE:JKCEMENT) » Definitions » Interest Expense

Traded in Other Exchanges

532644:India

Address

Gurgaon-Faridabad Road, 5th Floor, Prism Tower, Gwal Pahari, Gurgaon, HR, IND, 122102

Website

https://www.jkcement.com

JK Cement Ltd is a building materials holding company. The company manufactures cement and cement-related products that primarily consist of grey and white cement. JK Cement's grey cement includes both Portland Pozzolana Cement (PPC) and Ordinary Portland Cement (OPC). The white cement offerings include JK White Cement, as well as cement-based JK Wall Putty, JK Waterproof, and JK Primaxx. JK Cement's wall putty is used as a plaster for walls and ceilings, while JK Waterproof is a water-repellent powder. It has one Reportable Segment for the Company which is "Cement," The company generates the vast majority of its revenue in India.

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