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Asahi India Glass (BOM:515030) Interest Expense : ₹-1,266 Mil (TTM As of Dec. 2024)


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What is Asahi India Glass Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Asahi India Glass's interest expense for the three months ended in Dec. 2024 was ₹ -321 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-1,266 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. Asahi India Glass's Operating Income for the three months ended in Dec. 2024 was ₹ 1,267 Mil. Asahi India Glass's Interest Expense for the three months ended in Dec. 2024 was ₹ -321 Mil. Asahi India Glass's Interest Coverage for the quarter that ended in Dec. 2024 was 3.95. 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.

Asahi India Glass Interest Expense Historical Data

The historical data trend for Asahi India Glass'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.

Asahi India Glass Interest Expense Chart

Asahi India Glass 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 -1,414.80 -1,383.80 -1,164.20 -1,006.30 -1,341.40

Asahi India Glass 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 -343.20 -310.90 -322.90 -311.70 -320.50

Asahi India Glass 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 ₹-1,266 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.

Asahi India Glass  (BOM:515030) 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.

Asahi India Glass's Interest Expense for the three months ended in Dec. 2024 was ₹-321 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹1,267 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Asahi India Glass'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*1267.3/-320.5
=3.95

* 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.

Asahi India Glass Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Asahi India Glass Ltd (BOM:515030) » Definitions » Interest Expense
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BOM:532756 BOM:520056 BOM:532605 NSE:MINDACORP NSE:SUNDRMFAST NSE:ZFCVINDIA NSE:CEATLTD BOM:543498 BOM:500266 BOM:543276 TSE:6902 TSE:5108 XPAR:ML SHSE:600660 SHSE:601689 GPC XKRX:012330 APTV XTER:CON TSE:5802
Traded in Other Exchanges
ASAHIINDIA:India
Address
Mehrauli - Gurgaon Road, Global Business Park, Tower-D, 3rd and 11th Floor, Gurugram, HR, IND, 122 002
Website
https://www.aisglass.com
Asahi India Glass Ltd is a manufacturer of glass products and solutions. The company offers automotive glass products, architectural glass products, windshield repair and replacement services in India, commercial and private-living glass solutions, glass integration and installation services, and special-purpose glass solutions such as noise-canceling windows, energy-saving windows, and safety glasses. The Group has three segments namely a) Automotive, b) Building and Construction (Architectural), and c) Consumer Glass. Asahi India Glass business segment by revenue, automotive glass products, produces various glass windshields and integrated products and solutions, such as rain-sensor windshields, heated windshields, and other related products.

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