KCK Industries (NSE:KCK) Interest Expense : ₹-18.3 Mil (TTM As of Mar. 2023)

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What is KCK Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. KCK Industries's interest expense for the six months ended in Mar. 2023 was ₹ -12.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 was ₹-18.3 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. KCK Industries's Operating Income for the six months ended in Mar. 2023 was ₹ 27.6 Mil. KCK Industries's Interest Expense for the six months ended in Mar. 2023 was ₹ -12.5 Mil. KCK Industries's Interest Coverage for the quarter that ended in Mar. 2023 was 2.20. 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.

KCK Industries Interest Expense Historical Data

The historical data trend for KCK Industries'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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KCK Industries Interest Expense Chart

KCK Industries Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

-0.56

-0.84

-4.63

-18.26

KCK Industries Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23
Interest Expense	Get a 7-Day Free Trial			-	-1.54	-3.09	-5.72	-12.54

KCK Industries 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-18.3 Mil.

KCK Industries (NSE:KCK) 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.

KCK Industries's Interest Expense for the six months ended in Mar. 2023 was ₹-12.5 Mil. Its Operating Income for the six months ended in Mar. 2023 was ₹27.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2023 was ₹121.1 Mil.

KCK Industries'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	*	27.625	/	-12.54
	=	2.20

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

KCK Industries (NSE:KCK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » KCK Industries Ltd (NSE:KCK) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Village Khokhar Kalan, Lehragaga, District Sangrur, Sangrur, PB, IND, 148031

Website

https://www.kckindustriesltd.com

KCK Industries Ltd is engaged in the business of trading and distribution of high-quality combed and carded cotton yarns in single and multifold and knitted fabrics. Its trading business also includes trading and distribution of high-quality chemicals and dyes for the textiles industry, leather, and paper industries. It also deals in Construction Chemicals. It supplies a diverse product portfolio in the chemicals and dyes segment. Its segments include the Trading segment and the Manufacturing / Processing Segment. It derives the majority of the revenue from Manufacturing / Processing Segment that engages in processing the non-basmati and basmati rice.

KCK Industries (NSE:KCK) Headlines

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