Kalyani Forge (NSE:KALYANIFRG) Interest Expense

: ₹-48 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kalyani Forge's interest expense for the three months ended in Dec. 2023 was ₹ -17 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-48 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. Kalyani Forge's Operating Income for the three months ended in Dec. 2023 was ₹ 16 Mil. Kalyani Forge's Interest Expense for the three months ended in Dec. 2023 was ₹ -17 Mil. Kalyani Forge's Interest Coverage for the quarter that ended in Dec. 2023 was 0.94. 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.

Kalyani Forge Interest Expense Historical Data

The historical data trend for Kalyani Forge'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => -55.74 [6] => -39.91 [7] => -26.08 [8] => -29.44 [9] => -27.97 )

Kalyani Forge Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

-55.74

-39.91

-26.08

-29.44

-27.97

Kalyani Forge Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-11.00	-4.09	-12.11	-14.46	-17.47

Kalyani Forge 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 ₹-48 Mil.

Kalyani Forge (NSE:KALYANIFRG) 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.

Kalyani Forge's Interest Expense for the three months ended in Dec. 2023 was ₹-17 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹16 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

Kalyani Forge'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	*	16.345	/	-17.465
	=	0.94

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

Kalyani Forge (NSE:KALYANIFRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Kalyani Forge Ltd (NSE:KALYANIFRG) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

513509:India

Address

Shangrila Gardens, 1st Floor, C Wing, Opposite Bund Garden, Pune, MH, IND, 411 001

Website

https://www.kalyaniforge.co.in

Kalyani Forge Ltd is an engineering company. The company is engaged in providing forged, machined components and assembled products. It serves industries such as automotive, construction, mining, infrastructure, power, marine, railways, agriculture and other industries. The company's product includes Engine Parts, Chassis System, Turbocharger, Transmission, Driveline, and Steering and Suspension. It services include Hot Forging, Cold and Warm Forging, Precision Machining and Finishing, Heat Treatment, Die Manufacturing, and others.

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