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Coromandel International (BOM:506395) Interest Expense : ₹-2,478 Mil (TTM As of Dec. 2024)


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What is Coromandel International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Coromandel International's interest expense for the three months ended in Dec. 2024 was ₹ -731 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-2,478 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. Coromandel International's Operating Income for the three months ended in Dec. 2024 was ₹ 6,510 Mil. Coromandel International's Interest Expense for the three months ended in Dec. 2024 was ₹ -731 Mil. Coromandel International's Interest Coverage for the quarter that ended in Dec. 2024 was 8.91. 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.


Coromandel International Interest Expense Historical Data

The historical data trend for Coromandel International'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.

Coromandel International Interest Expense Chart

Coromandel International 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 -2,285.00 -983.50 -678.50 -1,791.70 -1,760.80

Coromandel International 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 -381.10 -512.30 -574.20 -660.50 -730.90

Coromandel International 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 ₹-2,478 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.


Coromandel International  (BOM:506395) 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.

Coromandel International's Interest Expense for the three months ended in Dec. 2024 was ₹-731 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹6,510 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Coromandel International'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*6510.3/-730.9
=8.91

* 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.


Coromandel International Business Description

Traded in Other Exchanges
Address
1-2-10, Sardar Patel Road, Coromandel House, Secunderabad, TG, IND, 500003
Coromandel International Ltd manufactures and sells fertilizers and crop protection chemicals to the agriculture industry. The firm's revenue is generated in India, but the company also derives revenue in Latin America and Africa. The company's main product lines consist of organic manure, specialty nutrients that include water soluble fertilizers, and single super phosphate fertilizers. Coromandel's primary brands include Gromor Suraksha and Godavari fertilizers. The firm also owns and operates retail outlets known as Mana Grormor Centers. It categorizes the operating segments into Nutrient and other allied business, and Crop Protections. It earns majority of the revenue from Nutrient and other allied business segment.

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