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A-1 Acid (BOM:542012) Interest Expense : ₹-10 Mil (TTM As of Dec. 2023)


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What is A-1 Acid Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. A-1 Acid's interest expense for the three months ended in Dec. 2023 was ₹ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-10 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. A-1 Acid's Operating Income for the three months ended in Dec. 2023 was ₹ -10 Mil. A-1 Acid's Interest Expense for the three months ended in Dec. 2023 was ₹ -1 Mil. A-1 Acid 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.


A-1 Acid Interest Expense Historical Data

The historical data trend for A-1 Acid'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.

A-1 Acid Interest Expense Chart

A-1 Acid Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.71 -8.20 -7.21 -12.07 -18.34

A-1 Acid Quarterly Data
Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -5.41 -4.75 -2.18 -1.52 -1.34

A-1 Acid 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 ₹-10 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.


A-1 Acid  (BOM:542012) 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.

A-1 Acid's Interest Expense for the three months ended in Dec. 2023 was ₹-1 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹-10 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

A-1 Acid's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

A-1 Acid 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.


A-1 Acid (BOM:542012) Business Description

Traded in Other Exchanges
N/A
Address
S. G. Highway, Corporate House No. A-1, Shivalik Business Centre, Behind Rajpath Club, Bodakdev, Opp Kensville Golf Academy, Ahmedabad, GJ, IND, 380059
A-1 Acid Ltd is an India based company engaged in the business of trading and distributing industrial acid and chemicals. The company offers chemical products like Nitric acid, Hydrochloric acid, Methanol, Acetic acid, Calcium carbonate, Sulphuric acid and others. The products offered by the company can be applied in a variety of applications in the industrial sector like chemical, textile, steel, aluminum, pesticides, fertilizers, intermediates, defense, metals, and petro refineries. It derives revenue solely in India.

A-1 Acid (BOM:542012) Headlines

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