Deccan Cements (BOM:502137) Interest Expense : ₹-116 Mil (TTM As of Dec. 2023)

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What is Deccan Cements Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Deccan Cements's interest expense for the three months ended in Dec. 2023 was ₹ -38 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-116 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. Deccan Cements's Operating Income for the three months ended in Dec. 2023 was ₹ 216 Mil. Deccan Cements's Interest Expense for the three months ended in Dec. 2023 was ₹ -38 Mil. Deccan Cements's Interest Coverage for the quarter that ended in Dec. 2023 was 5.65. 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.

Deccan Cements Interest Expense Historical Data

The historical data trend for Deccan Cements'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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Deccan Cements Interest Expense Chart

Deccan Cements Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-66.15

-58.51

-67.45

-92.05

-114.57

Deccan Cements 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															-32.99	-24.89	-24.19	-28.57	-38.27

Deccan Cements 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 ₹-116 Mil.

Deccan Cements (BOM:502137) 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.

Deccan Cements's Interest Expense for the three months ended in Dec. 2023 was ₹-38 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹216 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

Deccan Cements'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	*	216.208	/	-38.268
	=	5.65

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

Deccan Cements (BOM:502137) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Deccan Cements Ltd (BOM:502137) » Definitions » Interest Expense

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DECCANCE:India

Address

Deccan Chambers, 6-3-666/B, 6th Floor, Somajiguda, Hyderabad, TG, IND, 500082

Website

https://www.deccancements.com

Deccan Cements Ltd is engaged in the manufacturing and marketing of cement in India. It produces cement in form of Clinker, Portland cement, Slag cement and similar. In addition, it is also engaged in the generation of electricity. Its power division includes Thermal, Hydel, and Wind. The firm sells its product under Deccan Cements brand.

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