Acrow India (BOM:513149) Interest Expense : ₹-0.00 Mil (TTM As of Dec. 2023)

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What is Acrow India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Acrow India's interest expense for the three months ended in Dec. 2023 was ₹ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-0.00 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. Acrow India's Operating Income for the three months ended in Dec. 2023 was ₹ -1.58 Mil. Acrow India's Interest Expense for the three months ended in Dec. 2023 was ₹ 0.00 Mil. Acrow India has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Acrow India Interest Expense Historical Data

The historical data trend for Acrow India'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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Acrow India Interest Expense Chart

Acrow India Annual Data

Trend

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Mar23

Interest Expense

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-0.06

-0.04

-0.01

Acrow India Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Acrow India 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-0.00 Mil.

Acrow India (BOM:513149) 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.

Acrow India's Interest Expense for the three months ended in Dec. 2023 was ₹0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹-1.58 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0.00 Mil.

Acrow India's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Acrow India had no long-term debt ⁽¹⁾.

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

Acrow India (BOM:513149) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Acrow India Ltd (BOM:513149) » Definitions » Interest Expense

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Address

Plot No. T-27, STPI Park,M.I.D.C., Chikalthana, Chhatrapati Sambhaji Nagar, MH, IND, 431001

Website

https://www.acrowindia.com

Acrow India Ltd manufactures material-handling systems, sugar factory equipment, industrial storage solutions, and electronic bulk-weighing systems.

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