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Munjal Auto Industries (BOM:520059) Interest Expense : ₹-248 Mil (TTM As of Dec. 2024)


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What is Munjal Auto Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Munjal Auto Industries's interest expense for the three months ended in Dec. 2024 was ₹ -85 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-248 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. Munjal Auto Industries's Operating Income for the three months ended in Dec. 2024 was ₹ 68 Mil. Munjal Auto Industries's Interest Expense for the three months ended in Dec. 2024 was ₹ -85 Mil. Munjal Auto Industries's Interest Coverage for the quarter that ended in Dec. 2024 was 0.80. 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.

Munjal Auto Industries Interest Expense Historical Data

The historical data trend for Munjal Auto Industries'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.

Munjal Auto Industries Interest Expense Chart

Munjal Auto Industries 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 -112.77 -150.72 -108.02 -221.69 -229.94

Munjal Auto Industries 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 -69.95 -19.16 -67.91 -76.33 -84.82

Munjal Auto Industries 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 ₹-248 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.

Munjal Auto Industries  (BOM:520059) 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.

Munjal Auto Industries's Interest Expense for the three months ended in Dec. 2024 was ₹-85 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹68 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Munjal Auto Industries'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*68.141/-84.818
=0.80

* 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.

Munjal Auto Industries Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Munjal Auto Industries Ltd (BOM:520059) » Definitions » Interest Expense
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NSE:HINDCOMPOS BOM:520066 BOM:520119 BOM:505036 BOM:520073 BOM:532987 BOM:520008 BOM:523828 NSE:PAVNAIND BOM:523229 TSE:6902 TSE:5108 XPAR:ML SHSE:600660 XKRX:012330 GPC XTER:KBX XTER:CON SHSE:601689 APTV
Traded in Other Exchanges
MUNJALAU:India
Address
Unitech Business Zone, 2nd Floor, Tower C, Nirvana Country, South City - 2, Sector - 50, Gurugram, HR, IND, 122018
Website
https://www.munjalauto.com
Munjal Auto Industries Ltd is an India-based company. It offers an exhaust system or mufflers for two-wheelers. The company is engaged in the manufacture of wheels, rims, fuel tanks, and other components for auto industries. Its product range for 2-3 wheelers includes Steel Wheel Rim and Spoke Wheel Rim. Its product range for four-wheelers includes fuel tank assembly, seat structure system, side step assembly, and other products. Some of the company's facilities offered by the company include an engineering and tool room, which includes a central tool room and technical center, a tool design center and tool manufacturing, and a fuel tank manufacturing line. Its operations fall under a single segment namely Manufacturing of Auto Components.

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