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DCM Shriram Industries (BOM:523369) Interest Expense : ₹-343 Mil (TTM As of Sep. 2024)


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What is DCM Shriram Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. DCM Shriram Industries's interest expense for the three months ended in Sep. 2024 was ₹ -95 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-343 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. DCM Shriram Industries's Operating Income for the three months ended in Sep. 2024 was ₹ 359 Mil. DCM Shriram Industries's Interest Expense for the three months ended in Sep. 2024 was ₹ -95 Mil. DCM Shriram Industries's Interest Coverage for the quarter that ended in Sep. 2024 was 3.77. 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.

DCM Shriram Industries Interest Expense Historical Data

The historical data trend for DCM Shriram 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.

DCM Shriram Industries Interest Expense Chart

DCM Shriram 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 -433.57 -382.70 -392.46 -328.31 -344.12

DCM Shriram Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -92.20 -60.40 -78.52 -109.10 -95.40

DCM Shriram 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-343 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.

DCM Shriram Industries  (BOM:523369) 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.

DCM Shriram Industries's Interest Expense for the three months ended in Sep. 2024 was ₹-95 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₹359 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₹466 Mil.

DCM Shriram Industries's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*359.3/-95.4
=3.77

* 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.

DCM Shriram Industries Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » DCM Shriram Industries Ltd (BOM:523369) » Definitions » Interest Expense
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BOM:523475 BOM:532610 BOM:500119 BOM:540649 BOM:532729 BOM:540650 NSE:UGARSUGAR BOM:543267 BOM:533192 BOM:523371 MDLZ HSY XSWX:LISN XSWX:BARN XKRX:271560 TR TSE:2222 CAS:CSR TSE:2201 BOM:532356
Traded in Other Exchanges
DCMSRIND:India
Address
18, Barakhamba Road, 5th Floor, Kanchenjunga Building, New Delhi, IND, 110001
Website
https://www.dcmsr.com
DCM Shriram Industries Ltd is engaged in the manufacturing of sugar. The company's operating segment includes Sugar; Industrial fibres and related products and Chemicals. The company generates maximum revenue from the Sugar segment. The sugar segment of the company comprises sugar, power, and alcohols, the industrial fibers and related products segment comprises rayon, synthetic yarn, cord, fabric, and others, and the chemicals segment comprises organics and fine chemicals. Geographically, the company derives a majority of its revenue from India and also has a presence in Europe; China, and the Rest of the World.

DCM Shriram Industries Headlines

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