Ashnoor Textile Mills (BOM:507872) Interest Expense : ₹-39 Mil (TTM As of Dec. 2024)

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What is Ashnoor Textile Mills Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ashnoor Textile Mills's interest expense for the three months ended in Dec. 2024 was ₹ -12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-39 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. Ashnoor Textile Mills's Operating Income for the three months ended in Dec. 2024 was ₹ 54 Mil. Ashnoor Textile Mills's Interest Expense for the three months ended in Dec. 2024 was ₹ -12 Mil. Ashnoor Textile Mills's Interest Coverage for the quarter that ended in Dec. 2024 was 4.40. 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.

Ashnoor Textile Mills Interest Expense Historical Data

The historical data trend for Ashnoor Textile Mills'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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Ashnoor Textile Mills Interest Expense Chart

Ashnoor Textile Mills Annual Data

Trend

Mar15

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Mar24

Interest Expense

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-20.93

-16.53

-24.60

-34.36

-48.15

Ashnoor Textile Mills 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															-15.50	-5.96	-10.97	-10.03	-12.31

Ashnoor Textile Mills 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 ₹-39 Mil.

Ashnoor Textile Mills (BOM:507872) 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.

Ashnoor Textile Mills's Interest Expense for the three months ended in Dec. 2024 was ₹-12 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹54 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Ashnoor Textile Mills'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	*	54.191	/	-12.313
	=	4.40

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

Ashnoor Textile Mills Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ashnoor Textile Mills Ltd (BOM:507872) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Behrampur Road, Village Khandsa, Gurgaon, HR, IND, 122001

Website

https://www.ashnoortex.com

Ashnoor Textile Mills Ltd is a company engaged in the Terry Towel business. The company manufactures and export white terry towel. Geographically, The majority of the company's revenue is derived from the export of business. The company towels are soft, absorbent, and measure more than one hundred & sixty on the whiteness index.

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