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Automotive Stampings & Assemblies (BOM:520119) Interest Expense : ₹-116 Mil (TTM As of Mar. 2024)


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What is Automotive Stampings & Assemblies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Automotive Stampings & Assemblies's interest expense for the three months ended in Mar. 2024 was ₹ -43 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-116 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. Automotive Stampings & Assemblies's Operating Income for the three months ended in Mar. 2024 was ₹ 114 Mil. Automotive Stampings & Assemblies's Interest Expense for the three months ended in Mar. 2024 was ₹ -43 Mil. Automotive Stampings & Assemblies's Interest Coverage for the quarter that ended in Mar. 2024 was 2.68. 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.

Automotive Stampings & Assemblies Interest Expense Historical Data

The historical data trend for Automotive Stampings & Assemblies'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.

Automotive Stampings & Assemblies Interest Expense Chart

Automotive Stampings & Assemblies 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 -174.83 -180.19 -138.98 -127.05 -152.24

Automotive Stampings & Assemblies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
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 -31.06 -39.11 -36.29 -36.91 -42.51

Automotive Stampings & Assemblies 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-116 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.

Automotive Stampings & Assemblies  (BOM:520119) 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.

Automotive Stampings & Assemblies's Interest Expense for the three months ended in Mar. 2024 was ₹-43 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹114 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹568 Mil.

Automotive Stampings & Assemblies's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*114.13/-42.514
=2.68

* 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.

Automotive Stampings & Assemblies (BOM:520119) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Automotive Stampings & Assemblies Ltd (BOM:520119) » Definitions » Interest Expense
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Traded in Other Exchanges
ASAL:India
Address
TACO House, Off Law College Road, Plot No- 20/B FPN085, V.G. Damle Path, Erandwane, Pune, MH, IND, 411004
Website
https://www.autostampings.com
Automotive Stampings & Assemblies Ltd a TACO group company manufactures and supplies sheet metal components, welded assemblies, and modules for automobiles. The company operates only in the Automobile Component Segment in the Domestic Market. geographical the majority of its revenue comes from Components.

Automotive Stampings & Assemblies (BOM:520119) Headlines

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