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Jyoti Resins & Adhesives (BOM:514448) Interest Expense : ₹-0 Mil (TTM As of Dec. 2024)


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What is Jyoti Resins & Adhesives Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jyoti Resins & Adhesives's interest expense for the three months ended in Dec. 2024 was ₹ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-0 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. Jyoti Resins & Adhesives's Operating Income for the three months ended in Dec. 2024 was ₹ 221 Mil. Jyoti Resins & Adhesives's Interest Expense for the three months ended in Dec. 2024 was ₹ 0 Mil. Jyoti Resins & Adhesives has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Jyoti Resins & Adhesives Interest Expense Historical Data

The historical data trend for Jyoti Resins & 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.

Jyoti Resins & Adhesives Interest Expense Chart

Jyoti Resins & Adhesives 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 -0.19 -0.66 -0.46 -0.31 -0.46

Jyoti Resins & 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 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 - -0.46 - - -

Jyoti Resins & 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 ₹-0 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.


Jyoti Resins & Adhesives  (BOM:514448) 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.

Jyoti Resins & Adhesives's Interest Expense for the three months ended in Dec. 2024 was ₹0 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹221 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Jyoti Resins & Adhesives's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Jyoti Resins & Adhesives had no long-term debt (1).

* 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.

Good Sign:

Jyoti Resins & Adhesives Ltd has no debt.


Jyoti Resins & Adhesives Business Description

Traded in Other Exchanges
N/A
Address
S.G. Highway, 1104-1112 Ellite, Near Shapath Hexa, Near Sola Over bridge, Opposite Kargil Petrol pump, Ahmedabad, GJ, IND, 380060
Jyoti Resins & Adhesives Ltd is in the business of production of Wood Adhesives which are widely used in the fast-moving consumer market on days. The company has launched Euro 7000 under which it manufactures many types of wood adhesives. Some of its products include Euro 7000 Xtra, Euro WP, Euro Extreme3, Euro Ultra, and Euro PVC Glue.

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