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HMT (BOM:500191) Interest Expense : ₹-692 Mil (TTM As of Dec. 2024)


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What is HMT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. HMT's interest expense for the three months ended in Dec. 2024 was ₹ -172 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-692 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. HMT's Operating Income for the three months ended in Dec. 2024 was ₹ -191 Mil. HMT's Interest Expense for the three months ended in Dec. 2024 was ₹ -172 Mil. HMT did not have earnings to cover the interest expense. 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.


HMT Interest Expense Historical Data

The historical data trend for HMT'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.

HMT Interest Expense Chart

HMT 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 -653.52 -839.23 -744.28 -690.01 -680.57

HMT Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -166.70 -181.07 -198.80 -140.80 -171.60

HMT 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-692 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.


HMT  (BOM:500191) 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.

HMT's Interest Expense for the three months ended in Dec. 2024 was ₹-172 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹-191 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

HMT's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

HMT did not have earnings to cover the interest expense.

* 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.


HMT Business Description

Traded in Other Exchanges
Address
No. 59, Bellary Road, HMT Bhavan, Bangalore, KA, IND, 560032
HMT Ltd is an Indian company. It manufactures tractors, machine tools, and food processing machines. The company's products and service offerings include testing and inspection, projects and consultancy, tooling solutions, refurbishing services, and others. Its products consist of machine tools, watches, tractors, printing machinery, bearings, and food processing machine. Business operating segments include Food processing units, Machine tools, Projects and Others. The firm derives maximum revenue from Machine tools.

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