National Aluminium Co (BOM:532234) Interest Expense : ₹-172 Mil (TTM As of Mar. 2024)

View and export this data going back to 1999. Start your Free Trial

What is National Aluminium Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. National Aluminium Co's interest expense for the three months ended in Mar. 2024 was ₹ -89 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-172 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. National Aluminium Co's Operating Income for the three months ended in Mar. 2024 was ₹ 8,689 Mil. National Aluminium Co's Interest Expense for the three months ended in Mar. 2024 was ₹ -89 Mil. National Aluminium Co's Interest Coverage for the quarter that ended in Mar. 2024 was 98.07. 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.

National Aluminium Co Interest Expense Historical Data

The historical data trend for National Aluminium 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.

National Aluminium Co Interest Expense Chart

National Aluminium Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-39.80

-42.20

-231.30

-129.20

-172.10

National Aluminium 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															-7.00	-22.60	-39.90	-21.00	-88.60

National Aluminium 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 ₹-172 Mil.

National Aluminium Co (BOM:532234) 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.

National Aluminium Co's Interest Expense for the three months ended in Mar. 2024 was ₹-89 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹8,689 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹510 Mil.

National Aluminium 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	*	8689.1	/	-88.6
	=	98.07

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. National Aluminium Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

National Aluminium Co (BOM:532234) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » National Aluminium Co Ltd (BOM:532234) » Definitions » Interest Expense

Traded in Other Exchanges

NATIONALUM:India

Address

Nalco Bhawan, Plot No. P/1, Nayapalli, Bhubaneswar, OR, IND, 751013

Website

https://www.nalcoindia.com

National Aluminium Co Ltd mines, produces and sells aluminum and alumina-based products in two segments: aluminium and chemicals. The company controls all stages of the aluminum process. The firm mines bauxite and refines it into alumina, then smelts most of the alumina into aluminum. The aluminum segment, which generates the majority of revenue, sells aluminum-based products. The chemicals segment sells calcinated alumina and alumina hydrate. The firm also owns and operates multiple power plants throughout India. The majority of National Aluminum's revenue comes from India.

National Aluminium Co (BOM:532234) Headlines

No Headlines