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Jupiter Wagons (NSE:JWL) Interest Expense : ₹-410 Mil (TTM As of Mar. 2024)


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What is Jupiter Wagons Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jupiter Wagons's interest expense for the three months ended in Mar. 2024 was ₹ -108 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-410 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. Jupiter Wagons's Operating Income for the three months ended in Mar. 2024 was ₹ 1,398 Mil. Jupiter Wagons's Interest Expense for the three months ended in Mar. 2024 was ₹ -108 Mil. Jupiter Wagons's Interest Coverage for the quarter that ended in Mar. 2024 was 12.99. 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.


Jupiter Wagons Interest Expense Historical Data

The historical data trend for Jupiter Wagons'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.

Jupiter Wagons Interest Expense Chart

Jupiter Wagons Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -61.72 -182.97 -129.00 -288.87 -410.03

Jupiter Wagons 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -87.23 -83.67 -104.17 -114.59 -107.60

Jupiter Wagons 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 ₹-410 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.


Jupiter Wagons  (NSE:JWL) 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.

Jupiter Wagons's Interest Expense for the three months ended in Mar. 2024 was ₹-108 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹1,398 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹185 Mil.

Jupiter Wagons'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*1397.554/-107.599
=12.99

* 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.


Jupiter Wagons (NSE:JWL) Business Description

Traded in Other Exchanges
Address
4/2. Middleton Street, Kolkata, WB, IND, 700071
Jupiter Wagons Ltd is a manufacturer of railway wagons, passenger coaches, wagon components and castings in India and is counted among the respected manufacturers of advanced railway transportation equipment across the world.

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