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IFB Industries (BOM:505726) Interest Expense : ₹-223 Mil (TTM As of Dec. 2024)


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What is IFB Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. IFB Industries's interest expense for the three months ended in Dec. 2024 was ₹ -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-223 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. IFB Industries's Operating Income for the three months ended in Dec. 2024 was ₹ 514 Mil. IFB Industries's Interest Expense for the three months ended in Dec. 2024 was ₹ -10 Mil. IFB Industries's Interest Coverage for the quarter that ended in Dec. 2024 was 49.39. 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.


IFB Industries Interest Expense Historical Data

The historical data trend for IFB Industries'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.

IFB Industries Interest Expense Chart

IFB Industries 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 -160.90 -300.70 -312.70 -289.60 -272.10

IFB Industries 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 -24.40 -188.80 -13.80 -9.90 -10.40

IFB Industries 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 ₹-223 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.


IFB Industries  (BOM:505726) 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.

IFB Industries's Interest Expense for the three months ended in Dec. 2024 was ₹-10 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹514 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

IFB Industries'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*513.7/-10.4
=49.39

* 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.


IFB Industries Business Description

Traded in Other Exchanges
Address
Plot No. IND-5, Sector - 1, East Kolkata Township, Kolkata, WB, IND, 700107
IFB Industries Ltd is an India-based company engaged in the business of fine-blanked components and home appliances. The operating divisions of the group are Engineering, Home Appliances division, Motor, Steel, and Others. It derives a majority of the revenue from the Home Appliances Division which includes products such as washing machines, clothes dryers, dishwashers, microwave ovens, air conditioners, chimneys, refrigerators, modular kitchens, and built-in ovens and built-in hobs. Geographically, the group has a business presence in India and other countries, of which a majority of the revenue is derived from India.

IFB Industries Headlines

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