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LEEL Electricals (NSE:LEEL) Interest Expense : ₹-715 Mil (TTM As of Mar. 2018)


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What is LEEL Electricals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. LEEL Electricals's interest expense for the six months ended in Mar. 2018 was ₹ -715 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2018 was ₹-715 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. LEEL Electricals's Operating Income for the six months ended in Mar. 2018 was ₹ 490 Mil. LEEL Electricals's Interest Expense for the six months ended in Mar. 2018 was ₹ -715 Mil. LEEL Electricals's Interest Coverage for the quarter that ended in Mar. 2018 was 0.69. 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.


LEEL Electricals Interest Expense Historical Data

The historical data trend for LEEL Electricals'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.

LEEL Electricals Interest Expense Chart

LEEL Electricals Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -707.00 -790.90 -873.10 -1,199.50 -714.50

LEEL Electricals Semi-Annual Data
Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -707.00 -790.90 -873.10 -1,199.50 -714.50

LEEL Electricals 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. 2018 was ₹-715 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.


LEEL Electricals  (NSE:LEEL) 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.

LEEL Electricals's Interest Expense for the six months ended in Mar. 2018 was ₹-715 Mil. Its Operating Income for the six months ended in Mar. 2018 was ₹490 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2018 was ₹2 Mil.

LEEL Electricals's Interest Coverage for the quarter that ended in Mar. 2018 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2018 )/Interest Expense (Q: Mar. 2018 )
=-1*490/-714.5
=0.69

* 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.


LEEL Electricals (NSE:LEEL) Business Description

Traded in Other Exchanges
N/A
Address
159, Okhla Industrial Estate, Phase - III, New Delhi, Delhi, IND, 110020
LEEL Electricals Ltd is an India-based heat exchangers coils manufacturer. It manufactures air conditioners for various brands including its own brand of LLOYD. The company also manufactures consumer durable business under Lloyd brand which includes product portfolio like Air-Conditioner, LED TV, Washing Machines, Chest Freezers and other small home appliances. Lloyd's segments are OEM and Packaged Air conditioning Segment, and Heat Exchangers and Components Segments but OEM and Packaged Air conditioning Segment generates the majority of the revenue.

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