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Innocorp (BOM:531929) Interest Expense : ₹-0.28 Mil (TTM As of Dec. 2024)


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What is Innocorp Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Innocorp's interest expense for the three months ended in Dec. 2024 was ₹ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-0.28 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. Innocorp's Operating Income for the three months ended in Dec. 2024 was ₹ -0.24 Mil. Innocorp's Interest Expense for the three months ended in Dec. 2024 was ₹ 0.00 Mil. Innocorp has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Innocorp Interest Expense Historical Data

The historical data trend for Innocorp'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.

Innocorp Interest Expense Chart

Innocorp 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 -2.75 -1.83 -1.17 -0.14 -0.28

Innocorp 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 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 - -0.28 - - -

Innocorp 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 ₹-0.28 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.


Innocorp  (BOM:531929) 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.

Innocorp's Interest Expense for the three months ended in Dec. 2024 was ₹0.00 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹-0.24 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0.00 Mil.

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

Innocorp had no long-term debt (1).

* 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.


Innocorp Business Description

Traded in Other Exchanges
N/A
Address
8-2-269/C/100, Road No-2, Sagar Society, Banjara Hills, Behind SBI Kohinoor Branch, Hyderabad, TG, IND, 500034
Innocorp Ltd is an India-based company engaged in the manufacturing of plastics products. It is a manufacturer of injection molded plastic products for household and industrial use. The company manufactures Water Cooler components for Videocon Appliances, containers for Mold-Tek and molded furniture (chairs, tables, and stools), fruit/vegetable crates for Nilkamal and Polyset.

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