Triton Valves (BOM:505978) Interest Expense : ₹-129 Mil (TTM As of Mar. 2024)

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What is Triton Valves Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Triton Valves's interest expense for the three months ended in Mar. 2024 was ₹ -29 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-129 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. Triton Valves's Operating Income for the three months ended in Mar. 2024 was ₹ 47 Mil. Triton Valves's Interest Expense for the three months ended in Mar. 2024 was ₹ -29 Mil. Triton Valves's Interest Coverage for the quarter that ended in Mar. 2024 was 1.64. 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.

Triton Valves Interest Expense Historical Data

The historical data trend for Triton Valves'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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Triton Valves Interest Expense Chart

Triton Valves Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-47.37

-42.79

-81.74

-117.10

-128.99

Triton Valves Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-37.69	-32.80	-34.68	-32.50	-29.01

Triton Valves 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-129 Mil.

Triton Valves (BOM:505978) 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.

Triton Valves's Interest Expense for the three months ended in Mar. 2024 was ₹-29 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹47 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹191 Mil.

Triton Valves's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	47.436	/	-29.005
	=	1.64

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

Triton Valves (BOM:505978) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Triton Valves Ltd (BOM:505978) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

22, Ulsoor Road, Sunrise Chambers, Bengaluru, KA, IND, 560 042

Website

https://www.tritonvalves.com

Triton Valves Ltd is engaged in the business of manufacturing valves. It serves tyre and tube valves; automotive air conditioning; tyre pressure monitoring; industrial and home air conditioning; electric vehicles; aerospace and defence and mining and construction industries. The company's only operating segment is Automobile tyres and tube valves, cores and accessories. Geographically, it derives a majority of its revenue from India.

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