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Ador Welding (BOM:517041) Interest Expense : ₹-49 Mil (TTM As of Dec. 2024)


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What is Ador Welding Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ador Welding's interest expense for the three months ended in Dec. 2024 was ₹ -11 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-49 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. Ador Welding's Operating Income for the three months ended in Dec. 2024 was ₹ 186 Mil. Ador Welding's Interest Expense for the three months ended in Dec. 2024 was ₹ -11 Mil. Ador Welding's Interest Coverage for the quarter that ended in Dec. 2024 was 17.41. 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.

Ador Welding Interest Expense Historical Data

The historical data trend for Ador Welding'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.

Ador Welding Interest Expense Chart

Ador Welding 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 -82.40 -64.10 -37.20 -23.60 -40.20

Ador Welding 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 -11.20 -12.70 -12.20 -13.70 -10.70

Ador Welding 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 ₹-49 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.

Ador Welding  (BOM:517041) 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.

Ador Welding's Interest Expense for the three months ended in Dec. 2024 was ₹-11 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹186 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Ador Welding'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*186.3/-10.7
=17.41

* 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.

Ador Welding Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ador Welding Ltd (BOM:517041) » Definitions » Interest Expense
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BOM:507944 BOM:532684 BOM:543230 BOM:517500 BOM:524109 BOM:513250 BOM:522215 NSE:GALAPREC BOM:522101 BOM:544167 XTER:SIE XPAR:SU ETN PH OSTO:ATCO A ITW EMR CMI XTER:ENR TSE:7011
Traded in Other Exchanges
ADORWELD:India
Address
K. Dubash Marg, Ador House, 6, Fort, Mumbai, MH, IND, 400001
Website
https://www.adorwelding.com
Ador Welding Ltd is a welding and cutting solution provider offering welding consumables, and equipment, automation solutions, and skill development. The strategic business units are welding electrodes, wires, and fluxes, welding and cutting equipment, gas cutting, PPE and accessories and CNC machines, project engineering solutions, and welding automation. Its business segments are Consumables; Equipment and automation and Flares and Process Equipment. The company generates maximum revenue from the Consumables segment under which it provides electrodes, wires, fluxes, and agency items. Geographically, the company generates a majority of its revenue within India and the rest from other markets.

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