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Kalyani Steels (BOM:500235) Interest Expense : ₹-187 Mil (TTM As of Dec. 2024)


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What is Kalyani Steels Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kalyani Steels's interest expense for the three months ended in Dec. 2024 was ₹ -55 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-187 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 Steels's Operating Income for the three months ended in Dec. 2024 was ₹ 676 Mil. Kalyani Steels's Interest Expense for the three months ended in Dec. 2024 was ₹ -55 Mil. Kalyani Steels's Interest Coverage for the quarter that ended in Dec. 2024 was 12.24. 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 Steels Interest Expense Historical Data

The historical data trend for Kalyani Steels'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.

Kalyani Steels Interest Expense Chart

Kalyani Steels 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 -19.70 -37.94 -109.87 -272.69 -253.60

Kalyani Steels Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -54.46 -42.82 -40.72 -48.13 -55.23

Kalyani Steels 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-187 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.

Kalyani Steels  (BOM:500235) 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.

Kalyani Steels's Interest Expense for the three months ended in Dec. 2024 was ₹-55 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹676 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Kalyani Steels's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*676.08/-55.23
=12.24

* 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.

Kalyani Steels Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kalyani Steels Ltd (BOM:500235) » Definitions » Interest Expense
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Traded in Other Exchanges
KSL:India
Address
Mundhwa, Corporate Building, 2nd Floor, Pune, MH, IND, 411 036
Website
https://www.kalyanisteels.com
Kalyani Steels Ltd manufactures forging and engineering quality carbon and alloy steel. Its product portfolio consists of carbon steel, carbon-manganese steel, chrome steel, chrome-manganese steel, chrome-nickel steel, chrome-moly steel, low carbon chrome-nickel-moly steel, medium carbon cr-ni-mo steel and bearing steel. The company's products are used in automotive forging, construction equipment, bearings, seamless tubes, and aluminum smelting. The majority of the revenue is generated by the sale of Rolled Products, As Cast Blooms and Pig Iron. These operating segment have been aggregated into one reportable business segment which is Forging and Engineering quality carbon and alloy steels.

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