KN Agri Resources (NSE:KNAGRI) Interest Expense : ₹-68 Mil (TTM As of Sep. 2023)

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What is KN Agri Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. KN Agri Resources's interest expense for the six months ended in Sep. 2023 was ₹ -19 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₹-68 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. KN Agri Resources's Operating Income for the six months ended in Sep. 2023 was ₹ 169 Mil. KN Agri Resources's Interest Expense for the six months ended in Sep. 2023 was ₹ -19 Mil. KN Agri Resources's Interest Coverage for the quarter that ended in Sep. 2023 was 8.85. 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.

KN Agri Resources Interest Expense Historical Data

The historical data trend for KN Agri Resources'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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KN Agri Resources Interest Expense Chart

KN Agri Resources Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

-69.72

-56.89

-43.84

-12.20

-82.20

KN Agri Resources Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Interest Expense	Get a 7-Day Free Trial			-7.50	-4.70	-32.90	-49.30	-19.10

KN Agri Resources 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 ₹-68 Mil.

KN Agri Resources (NSE:KNAGRI) 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.

KN Agri Resources's Interest Expense for the six months ended in Sep. 2023 was ₹-19 Mil. Its Operating Income for the six months ended in Sep. 2023 was ₹169 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was ₹1 Mil.

KN Agri Resources'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	*	169.1	/	-19.1
	=	8.85

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

KN Agri Resources (NSE:KNAGRI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » KN Agri Resources Ltd (NSE:KNAGRI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

B1 - 506, Marathon Nextgen Innova, Opposite Peninsula Corporate Park, Lower Parel, Mumbai, MH, IND, 400013

Website

https://www.knagri.com

KN Agri Resources Ltd is an agro-based company, involved in the business of solvent extraction and oil refining and trading of various agro-commodities. The wide range of processed and manufactured products includes soya de-oiled cake, Hipro Soya Meal, soya refined oil, soya crude oil, degummed oil, soya lecithin, acid oil, soya husk, cottonseed oil, refined rapeseed oil, and rapeseed de-oiled cake. Its segment includes Agro Product and Power. Under the agro-commodities business, the company trade in various agro commodities such as maize, gram, pulses, sugar, soyabean, wheat, and other.

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