Hittco Tools (BOM:531661) Interest Expense : ₹-2.41 Mil (TTM As of Dec. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Hittco Tools Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hittco Tools's interest expense for the three months ended in Dec. 2024 was ₹ -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-2.41 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. Hittco Tools's Operating Income for the three months ended in Dec. 2024 was ₹ -1.57 Mil. Hittco Tools's Interest Expense for the three months ended in Dec. 2024 was ₹ -0.05 Mil. Hittco Tools did not have earnings to cover the interest expense. 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.

Hittco Tools Interest Expense Historical Data

The historical data trend for Hittco Tools'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.

Hittco Tools Interest Expense Chart

Hittco Tools Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-3.82

-3.66

-1.78

-2.28

-3.47

Hittco Tools 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															-1.32	-0.76	-0.91	-0.69	-0.05

Hittco Tools 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 ₹-2.41 Mil.

Hittco Tools (BOM:531661) 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.

Hittco Tools's Interest Expense for the three months ended in Dec. 2024 was ₹-0.05 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹-1.57 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹3.33 Mil.

Hittco Tools's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Hittco Tools did not have earnings to cover the interest expense.

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

Hittco Tools Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hittco Tools Ltd (BOM:531661) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

78/B, III Phase, Peenya Industrial Area, Bangalore, KA, IND, 560 058

Website

https://www.hittco.com

Hittco Tools Ltd is engaged in the manufacturing and selling of cutting tools. The products include HSS drills and taps, solid carbide tools, and CNC tool holders. Hittco precision drills and taps are available in various grades of High-Speed Steel like M-2 / M-35 / M-42. Along with India, the company is selling its products to Africa, the Middle East, and the Far East. It is engaged in one segment of the manufacture and sale of Machine tools.

Hittco Tools Headlines

No Headlines