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Delta Manufacturing (BOM:504286) Interest Expense : ₹-45.2 Mil (TTM As of Jun. 2024)


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What is Delta Manufacturing Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Delta Manufacturing's interest expense for the three months ended in Jun. 2024 was ₹ -10.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ₹-45.2 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. Delta Manufacturing's Operating Income for the three months ended in Jun. 2024 was ₹ -20.2 Mil. Delta Manufacturing's Interest Expense for the three months ended in Jun. 2024 was ₹ -10.5 Mil. Delta Manufacturing did not have earnings to cover the interest expense. 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.

Delta Manufacturing Interest Expense Historical Data

The historical data trend for Delta Manufacturing'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.

Delta Manufacturing Interest Expense Chart

Delta Manufacturing 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 -57.06 -62.62 -40.56 -35.85 -44.58

Delta Manufacturing Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -9.85 -11.49 -9.99 -13.25 -10.52

Delta Manufacturing 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-45.2 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.

Delta Manufacturing  (BOM:504286) 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.

Delta Manufacturing's Interest Expense for the three months ended in Jun. 2024 was ₹-10.5 Mil. Its Operating Income for the three months ended in Jun. 2024 was ₹-20.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ₹0.0 Mil.

Delta Manufacturing's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Delta Manufacturing did not have earnings to cover the interest expense.

* 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.

Delta Manufacturing Business Description

Industry
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Traded in Other Exchanges
DELTAMAGNT:India
Address
Tardeo Road, Bayside Mall, 2nd Floor, Opposite Sobo Central Mall, Haji Ali, Mumbai, MH, IND, 400 034
Website
https://www.deltamagnetsgroup.com
Delta Manufacturing Ltd is a manufacturer of hard ferrite magnets. The company along with its subsidiaries manufactures ceramic magnets used in the automotive sector; soft ferrites that serve the electronics and automotive sector and also has a distribution house that deals in various kinds of magnets and magnet materials that are useful for various industries including electronics, retail, non-conventional energy, aerospace and automotive. Its operating segment includes Hard ferrites; Soft ferrites; Textiles and MagDev. The majority of the revenue is derived from the Textiles segment.

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