NRB Bearings (BOM:530367) Interest Expense : ₹-124 Mil (TTM As of Dec. 2024)

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What is NRB Bearings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NRB Bearings's interest expense for the three months ended in Dec. 2024 was ₹ -25 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-124 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. NRB Bearings's Operating Income for the three months ended in Dec. 2024 was ₹ 324 Mil. NRB Bearings's Interest Expense for the three months ended in Dec. 2024 was ₹ -25 Mil. NRB Bearings's Interest Coverage for the quarter that ended in Dec. 2024 was 12.91. 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.

NRB Bearings Interest Expense Historical Data

The historical data trend for NRB Bearings'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.

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NRB Bearings Interest Expense Chart

NRB Bearings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-201.60

-207.70

-163.40

-194.00

-220.30

NRB Bearings 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															-56.80	-36.90	-31.40	-30.10	-25.10

NRB Bearings 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 ₹-124 Mil.

NRB Bearings (BOM:530367) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

NRB Bearings's Interest Expense for the three months ended in Dec. 2024 was ₹-25 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹324 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

NRB Bearings'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	*	324	/	-25.1
	=	12.91

The higher the ratio, the stronger the company's financial strength is.

NRB Bearings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » NRB Bearings Ltd (BOM:530367) » Definitions » Interest Expense

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NRBBEARING:India

Address

Dhannur, 15, Sir P.M. Road, Fort, Mumbai, MH, IND, 400 001

Website

https://www.nrbbearings.com

NRB Bearings Ltd is an Indian company engaged in the ball and roller bearing business. It manufactures and sells needle roller bushes and cage, ball and roller bearings, and automobile components. Some of the company's products include Cylindrical roller bearings, Crank pins, Thrust bearings, Rocker-arm bearings, Drawn cup needle bearings, and others. Company has a single reportable segment of ball and roller bearings. Geographically, the group has a business presence in India and other countries, of which it generates a majority of its revenue from India.

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