Hindustan Adhesives (BOM:514428) Interest Expense : ₹-47 Mil (TTM As of Dec. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Hindustan Adhesives Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hindustan Adhesives's interest expense for the three months ended in Dec. 2024 was ₹ -16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-47 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. Hindustan Adhesives's Operating Income for the three months ended in Dec. 2024 was ₹ 63 Mil. Hindustan Adhesives's Interest Expense for the three months ended in Dec. 2024 was ₹ -16 Mil. Hindustan Adhesives's Interest Coverage for the quarter that ended in Dec. 2024 was 4.03. 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.

Hindustan Adhesives Interest Expense Historical Data

The historical data trend for Hindustan Adhesives'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.

Hindustan Adhesives Interest Expense Chart

Hindustan Adhesives Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-47.26

-50.97

-83.50

-55.65

-44.01

Hindustan Adhesives 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															-11.80	-4.51	-11.90	-14.80	-15.70

Hindustan Adhesives 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 ₹-47 Mil.

Hindustan Adhesives (BOM:514428) 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.

Hindustan Adhesives's Interest Expense for the three months ended in Dec. 2024 was ₹-16 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹63 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Hindustan Adhesives'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	*	63.3	/	-15.7
	=	4.03

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

Hindustan Adhesives Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hindustan Adhesives Ltd (BOM:514428) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

B-2/8, Safdarjung Enclave, New Delhi, IND, 110029

Website

https://www.bagla-group.com

Hindustan Adhesives Ltd is a producer and marketer of adhesive tapes. The company offers products such as acrylic packaging tapes, hot melt packaging tapes, natural rubber packaging tapes, kraft paper tapes, tamper-evident tapes, tear tapes, polyolefin shrink film, and shrink wrapping machines. Its customers include Unilever, PepsiCo, Coca-Cola, P&G, Reckitt Benckiser, Cadbury, and Nestle, among others.

Hindustan Adhesives Headlines

No Headlines