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Karuturi Global (BOM:531687) Interest Expense : ₹-25 Mil (TTM As of Dec. 2018)


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What is Karuturi Global Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Karuturi Global's interest expense for the three months ended in Dec. 2018 was ₹ -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2018 was ₹-25 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. Karuturi Global's Operating Income for the three months ended in Dec. 2018 was ₹ 125 Mil. Karuturi Global's Interest Expense for the three months ended in Dec. 2018 was ₹ -6 Mil. Karuturi Global's Interest Coverage for the quarter that ended in Dec. 2018 was 19.54. 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.


Karuturi Global Interest Expense Historical Data

The historical data trend for Karuturi Global'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.

Karuturi Global Interest Expense Chart

Karuturi Global Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -190.40 -365.29 -509.78 -87.27 -47.76

Karuturi Global Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 -16.45 0.32 -11.37 -7.24 -6.41

Karuturi Global 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-25 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.


Karuturi Global  (BOM:531687) 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.

Karuturi Global's Interest Expense for the three months ended in Dec. 2018 was ₹-6 Mil. Its Operating Income for the three months ended in Dec. 2018 was ₹125 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2018 was ₹0 Mil.

Karuturi Global's Interest Coverage for the quarter that ended in Dec. 2018 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2018 )/Interest Expense (Q: Dec. 2018 )
=-1*125.282/-6.412
=19.54

* 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.


Karuturi Global (BOM:531687) Business Description

Traded in Other Exchanges
N/A
Address
11, Crescent Road, Number 204, Embassy Center, Bangalore, KA, IND, 560001
Karuturi Global Ltd is engaged in the manufacturing of flowers, plant and plant materials. The company is a producer and exporter of cut roses and has its operations in India, Ethiopia, Dubai, and Kenya. It is involved in the business of Floriculture, Agriculture, Food processing and Information technology (IT). The Floriculture products consist of cut flowers, pot plants, seeds bulbs, rooted cuttings and dried flowers. Its Agriculture business produces cereal crops like maize, corn, sugarcane, and oilseeds. The Food processing business specializes in gherkin processing such as bay valley foods, mount olive, vlassic, heinz, and lidl. The IT business offers customized e-commerce solutions to companies dealing with perishable goods and commodities, paper industries, and government agencies.

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