/term/interest-expense/BOM:523475 Lotus Chocolate Co (BOM:523475) Interest Expense
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Lotus Chocolate Co (BOM:523475) Interest Expense : ₹-8 Mil (TTM As of Mar. 2024)


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What is Lotus Chocolate Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lotus Chocolate Co's interest expense for the three months ended in Mar. 2024 was ₹ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-8 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. Lotus Chocolate Co's Operating Income for the three months ended in Mar. 2024 was ₹ 15 Mil. Lotus Chocolate Co's Interest Expense for the three months ended in Mar. 2024 was ₹ -2 Mil. Lotus Chocolate Co's Interest Coverage for the quarter that ended in Mar. 2024 was 6.79. 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.

Lotus Chocolate Co Interest Expense Historical Data

The historical data trend for Lotus Chocolate Co'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.

Lotus Chocolate Co Interest Expense Chart

Lotus Chocolate Co 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 -0.93 -0.71 -1.79 -2.32 -8.08

Lotus Chocolate Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -0.10 -1.00 -0.62 -4.42 -2.20

Lotus Chocolate Co 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 ₹-8 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.

Lotus Chocolate Co  (BOM:523475) 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.

Lotus Chocolate Co's Interest Expense for the three months ended in Mar. 2024 was ₹-2 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹15 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹0 Mil.

Lotus Chocolate Co'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*14.971/-2.204
=6.79

* 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.

Lotus Chocolate Co (BOM:523475) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lotus Chocolate Co Ltd (BOM:523475) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Street No.1, Road No.10, Avenue - 4, No. 8-2-596 , 1st Floor, 1B, Sumedha Estates, Puzzolana Towers, Banjara Hills, Hyderabad, TG, IND, 500034
Website
https://www.lotuschocolate.com
Lotus Chocolate Co Ltd engages in the manufacture of chocolates and cocoa products. Its Consumer Products include Chuckles; super carr; high 5; gobble; kajoos; milky punch and others. Industrial Products include lotus cocoa mass; lotus cocoa powder; lotus cocoa butter; lotus chocolate; lotus choco treats; lotus plain chocolate; lotus chocolate sauce and lotus chocolate decoratives.

Lotus Chocolate Co (BOM:523475) Headlines

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