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Bajaj Hindusthan Sugar (BOM:500032) Interest Expense : ₹-1,171 Mil (TTM As of Mar. 2024)


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What is Bajaj Hindusthan Sugar Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bajaj Hindusthan Sugar's interest expense for the three months ended in Mar. 2024 was ₹ -366 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-1,171 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. Bajaj Hindusthan Sugar's Operating Income for the three months ended in Mar. 2024 was ₹ 1,145 Mil. Bajaj Hindusthan Sugar's Interest Expense for the three months ended in Mar. 2024 was ₹ -366 Mil. Bajaj Hindusthan Sugar's Interest Coverage for the quarter that ended in Mar. 2024 was 3.13. 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.


Bajaj Hindusthan Sugar Interest Expense Historical Data

The historical data trend for Bajaj Hindusthan Sugar'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.

Bajaj Hindusthan Sugar Interest Expense Chart

Bajaj Hindusthan Sugar Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3,008.70 -2,635.20 -2,539.90 -2,101.20 -1,618.20

Bajaj Hindusthan Sugar Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 -949.80 -503.40 -416.70 -388.60 -365.80

Bajaj Hindusthan Sugar 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-1,171 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.


Bajaj Hindusthan Sugar  (BOM:500032) 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.

Bajaj Hindusthan Sugar's Interest Expense for the three months ended in Mar. 2024 was ₹-366 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹1,145 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹35,532 Mil.

Bajaj Hindusthan Sugar's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*1145.4/-365.8
=3.13

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Bajaj Hindusthan Sugar Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


Bajaj Hindusthan Sugar (BOM:500032) Business Description

Traded in Other Exchanges
Address
Jamnalal Bajaj Marg, Bajaj Bhawan, B-10, Sector 3, Delhi, IND, 201 301
Bajaj Hindusthan Sugar Ltd is an India-based sugar and ethanol manufacturing company. The operating segments of the company are Sugar, Distillery, Power, and Others. It generates maximum revenue from the Sugar segment. The by-products obtained during the sugar manufacturing process are Molasses, Bagasse, Fly ash, and Press Mud.

Bajaj Hindusthan Sugar (BOM:500032) Headlines

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