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Tulsyan NEC (BOM:513629) Interest Expense : ₹-417 Mil (TTM As of Mar. 2024)


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What is Tulsyan NEC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tulsyan NEC's interest expense for the three months ended in Mar. 2024 was ₹ -102 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-417 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. Tulsyan NEC's Operating Income for the three months ended in Mar. 2024 was ₹ -104 Mil. Tulsyan NEC's Interest Expense for the three months ended in Mar. 2024 was ₹ -102 Mil. Tulsyan NEC 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.


Tulsyan NEC Interest Expense Historical Data

The historical data trend for Tulsyan NEC'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.

Tulsyan NEC Interest Expense Chart

Tulsyan NEC 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 -2,211.80 -1,995.86 -22.55 -141.05 -417.33

Tulsyan NEC 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 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 -82.88 -114.30 -103.26 -97.89 -101.89

Tulsyan NEC 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 ₹-417 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.


Tulsyan NEC  (BOM:513629) 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.

Tulsyan NEC's Interest Expense for the three months ended in Mar. 2024 was ₹-102 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-104 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹2,200 Mil.

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

Tulsyan NEC 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.


Tulsyan NEC (BOM:513629) Business Description

Traded in Other Exchanges
N/A
Address
Miller Tank Bund Road, No. 37, Kaveriappa Layout, Vasanth Nagar, Bangalore, KA, IND, 560 052
Tulsyan NEC Ltd is a manufacturer of Thermo Mechanically Treated (TMT) Bars in India. Its reportable segments are Steel, Synthetic, and Power. The company generates maximum revenue from the Steel segment. Its products include TMT Bars, sponge, billets, and ingots in the steel division, and in the synthetic division, it includes PP Woven Sacks, FIBC, and Woven Fabric. Geographically, it derives a majority of revenue from India.

Tulsyan NEC (BOM:513629) Headlines

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