Reetech International Cargourier (BOM:543617) Interest Expense : ₹-4.4 Mil (TTM As of Sep. 2023)

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What is Reetech International Cargourier Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Reetech International Cargourier's interest expense for the six months ended in Sep. 2023 was ₹ -0.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₹-4.4 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. Reetech International Cargourier's Operating Income for the six months ended in Sep. 2023 was ₹ -1.8 Mil. Reetech International Cargourier's Interest Expense for the six months ended in Sep. 2023 was ₹ -0.7 Mil. Reetech International Cargourier 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.

Reetech International Cargourier Interest Expense Historical Data

The historical data trend for Reetech International Cargourier'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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Reetech International Cargourier Interest Expense Chart

Reetech International Cargourier Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Interest Expense

-0.08

-0.87

-3.81

Reetech International Cargourier Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Interest Expense	Get a 7-Day Free Trial			-	-	-0.07	-3.74	-0.69

Reetech International Cargourier 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 ₹-4.4 Mil.

Reetech International Cargourier (BOM:543617) 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.

Reetech International Cargourier's Interest Expense for the six months ended in Sep. 2023 was ₹-0.7 Mil. Its Operating Income for the six months ended in Sep. 2023 was ₹-1.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was ₹0.0 Mil.

Reetech International Cargourier's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Reetech International Cargourier did not have earnings to cover the interest expense.

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

Reetech International Cargourier (BOM:543617) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Reetech International Cargo & Courier Ltd (BOM:543617) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sai Kunj Civil Lines, Raipur, CT, IND, 492001

Website

https://www.reetechinternational.com

Reetech International Cargo And Courier Ltd is a Coal Supplier in India. The company's diversified product portfolio comprises coal from Indonesia, South Africa, Australia and India, among other origins. The company supply the products to customers in various sectors such as Power, Steel, Rolling and other industries. An effective handling and transportation of the orders is facilitated through Road transportation and Railway.

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