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Everest Industries (BOM:508906) Interest Expense : ₹-346 Mil (TTM As of Dec. 2023)


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What is Everest Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Everest Industries's interest expense for the three months ended in Dec. 2023 was ₹ -32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-346 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. Everest Industries's Operating Income for the three months ended in Dec. 2023 was ₹ -2 Mil. Everest Industries's Interest Expense for the three months ended in Dec. 2023 was ₹ -32 Mil. Everest Industries 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.


Everest Industries Interest Expense Historical Data

The historical data trend for Everest 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.

Everest Industries Interest Expense Chart

Everest Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -61.97 -57.47 -39.00 -31.50 -315.00

Everest Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -22.30 -261.15 -26.73 -25.36 -32.31

Everest 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-346 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.


Everest Industries  (BOM:508906) 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.

Everest Industries's Interest Expense for the three months ended in Dec. 2023 was ₹-32 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹-2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

Everest Industries's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Everest Industries 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.


Everest Industries (BOM:508906) Business Description

Traded in Other Exchanges
Address
Guru Hargovindji Road, Level 3, Tower 14, Solitaire Corporate Park, Chakala, Andheri (E), Mumbai, MH, IND, 40093
Everest Industries Ltd manufactures fiber cement products in India. The company offers its products in roofing, ceiling, wall, flooring, and cladding products and pre-engineered steel buildings for industrial, commercial, and residential applications. The business operations of the company are classified into two segments namely Building Products which contribute the majority of revenues and Steel Buildings. Geographically, the company derives maximum revenue from India.

Everest Industries (BOM:508906) Headlines

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