E I D Parry India (NSE:EIDPARRY) Interest Expense : ₹-2,732 Mil (TTM As of Dec. 2023)

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What is E I D Parry India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. E I D Parry India's interest expense for the three months ended in Dec. 2023 was ₹ -529 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-2,732 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. E I D Parry India's Operating Income for the three months ended in Dec. 2023 was ₹ 3,087 Mil. E I D Parry India's Interest Expense for the three months ended in Dec. 2023 was ₹ -529 Mil. E I D Parry India's Interest Coverage for the quarter that ended in Dec. 2023 was 5.83. 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.

E I D Parry India Interest Expense Historical Data

The historical data trend for E I D Parry 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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E I D Parry India Interest Expense Chart

E I D Parry India Annual Data

Trend

Mar14

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Mar23

Interest Expense

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-4,069.80

-4,145.10

-2,169.20

-1,332.60

-2,750.70

E I D Parry India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-873.50	-640.10	-819.90	-742.40	-529.20

E I D Parry 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 ₹-2,732 Mil.

E I D Parry India (NSE:EIDPARRY) 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.

E I D Parry India's Interest Expense for the three months ended in Dec. 2023 was ₹-529 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹3,087 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

E I D Parry India's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	3086.9	/	-529.2
	=	5.83

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

E I D Parry India (NSE:EIDPARRY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » E I D Parry India Ltd (NSE:EIDPARRY) » Definitions » Interest Expense

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500125:India

Address

NSC Bose Road, Parrys Corner, Dare House, New No. 2, Old 234, Chennai, TN, IND, 600 001

Website

https://www.eidparry.com

E I D Parry India Ltd is a sugar producer headquartered in India. The company operates through four operating segments: sugar, cogeneration, distillery, and nutraceuticals. The sugar business produces sugar from the crushing of sugarcane and generates the most revenue for the company. The co-generation business produces bagasse, a byproduct of sugarcane, which is used in generating power. The distillery segment produces ethanol from molasses, a byproduct of sugarcane, which is then blended with gasoline for powering vehicles. The nutraceuticals unit produces organic products that target the human health and wellness market. The company has operations that span North America, Europe, India, and other regions of the world, with India being the region where it generates most of its sales.

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