ACC (BOM:500410) Interest Expense : ₹-1,670 Mil (TTM As of Sep. 2024)

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What is ACC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ACC's interest expense for the three months ended in Sep. 2024 was ₹ -333 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-1,670 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. ACC's Operating Income for the three months ended in Sep. 2024 was ₹ 1,941 Mil. ACC's Interest Expense for the three months ended in Sep. 2024 was ₹ -333 Mil. ACC's Interest Coverage for the quarter that ended in Sep. 2024 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.

ACC Interest Expense Historical Data

The historical data trend for ACC'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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ACC Interest Expense Chart

ACC Annual Data

Trend

Dec13

Dec14

Dec15

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Mar24

Interest Expense

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-877.70

-862.70

-570.80

-546.20

-1,545.80

ACC Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-288.60	-339.10	-667.00	-331.40	-332.60

ACC 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-1,670 Mil.

ACC (BOM:500410) 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.

ACC's Interest Expense for the three months ended in Sep. 2024 was ₹-333 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₹1,941 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₹3,177 Mil.

ACC's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	1940.5	/	-332.6
	=	5.83

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

ACC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » ACC Ltd (BOM:500410) » Definitions » Interest Expense

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ACC:India

Address

S.G. Highway, Adani Corporate House, Shantigram, Near Vaishnodevi Circle, Khodiyar, Ahmedabad, GJ, IND, 382421

Website

https://www.acclimited.com

ACC Ltd manufactures and sells cement, concrete, and cement-related products under the ACC brand. The firm operates in two segments based on the product: Cement and Ready Mix Concrete. The Cement segment, which generates the vast majority of revenue, sells cement to the construction and building industries as well as home improvement retailers. The Ready Mix Concrete segment sells concrete for infrastructure, industrial construction, and mass housing projects. Nearly all of the firm's revenue comes from India.

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