Ganesha Ecosphere (BOM:514167) Interest Expense : ₹-310 Mil (TTM As of Dec. 2023)

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What is Ganesha Ecosphere Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ganesha Ecosphere's interest expense for the three months ended in Dec. 2023 was ₹ -128 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-310 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. Ganesha Ecosphere's Operating Income for the three months ended in Dec. 2023 was ₹ 277 Mil. Ganesha Ecosphere's Interest Expense for the three months ended in Dec. 2023 was ₹ -128 Mil. Ganesha Ecosphere's Interest Coverage for the quarter that ended in Dec. 2023 was 2.17. 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.

Ganesha Ecosphere Interest Expense Historical Data

The historical data trend for Ganesha Ecosphere'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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Ganesha Ecosphere Interest Expense Chart

Ganesha Ecosphere Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-89.64

-62.81

-71.89

-97.61

-169.38

Ganesha Ecosphere Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-34.69	-41.18	-66.11	-116.34	-127.62

Ganesha Ecosphere 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 ₹-310 Mil.

Ganesha Ecosphere (BOM:514167) 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.

Ganesha Ecosphere's Interest Expense for the three months ended in Dec. 2023 was ₹-128 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹277 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	277.485	/	-127.62
	=	2.17

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

Ganesha Ecosphere (BOM:514167) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ganesha Ecosphere Ltd (BOM:514167) » Definitions » Interest Expense

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GANECOS:India

Address

113/216-B, Swaroop Nagar, First Floor, Kanpur, UP, IND, 208002

Website

https://www.ganeshaecosphere.com

Ganesha Ecosphere Ltd deals in the manufacture and sale of polyester staple fiber and spun yarn. The company is involved in the manufacture of recycled polyester staple fiber (RPSF) and recycled polyester spun yarn (RPSY) from pre-and post-consumer polyethylene terephthalate (PET) bottle scrap. Firm' products have application in the manufacture of textiles (T-shirts, body warmers), functional textiles (non-woven air filter fabric, geotextiles, carpets, car upholstery) and fillings (for pillows, duvets, toys). Majority of the company's revenue is derived in India.

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