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Trident (BOM:521064) Interest Expense : ₹-1,741 Mil (TTM As of Dec. 2024)


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What is Trident Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Trident's interest expense for the three months ended in Dec. 2024 was ₹ -347 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-1,741 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. Trident's Operating Income for the three months ended in Dec. 2024 was ₹ 1,139 Mil. Trident's Interest Expense for the three months ended in Dec. 2024 was ₹ -347 Mil. Trident's Interest Coverage for the quarter that ended in Dec. 2024 was 3.29. 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.


Trident Interest Expense Historical Data

The historical data trend for Trident'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.

Trident Interest Expense Chart

Trident 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 -1,231.20 -795.50 -816.80 -778.90 -1,538.20

Trident 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 -402.40 -465.30 -465.30 -463.90 -346.60

Trident 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 ₹-1,741 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.


Trident  (BOM:521064) 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.

Trident's Interest Expense for the three months ended in Dec. 2024 was ₹-347 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹1,139 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Trident'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*1139.2/-346.6
=3.29

* 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.


Trident Business Description

Traded in Other Exchanges
Address
Trident Group, Sanghera, Barnala, PB, IND, 148101
Trident Ltd is a terry towel and wheat straw-based manufacturer in India. The company through its subsidiaries operates through the below segments: Yarn, Towel, Bedsheets, and Paper & Chemicals. The firm generates a majority of its revenue from the Yarn segment. The group offers products such as solid bath sets, beach towels, embroidered towels, bath mats, bathrobes, duvet covers, cushion covers, blended yarn, drawing paper under Trident Spectra, Trident My Choice, Trident Digi Print, Trident Royal Touch, Trident Eco Green, and Trident Natural brands. The geographical segments of the company include India, the USA, and the Rest of the world.

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