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Astra Microwave Products (BOM:532493) Interest Expense : ₹-313 Mil (TTM As of Mar. 2024)


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What is Astra Microwave Products Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Astra Microwave Products's interest expense for the three months ended in Mar. 2024 was ₹ -95 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-313 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. Astra Microwave Products's Operating Income for the three months ended in Mar. 2024 was ₹ 743 Mil. Astra Microwave Products's Interest Expense for the three months ended in Mar. 2024 was ₹ -95 Mil. Astra Microwave Products's Interest Coverage for the quarter that ended in Mar. 2024 was 7.83. 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.


Astra Microwave Products Interest Expense Historical Data

The historical data trend for Astra Microwave Products'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.

Astra Microwave Products Interest Expense Chart

Astra Microwave Products 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 -84.62 -161.48 -139.42 -305.23 -313.11

Astra Microwave Products 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 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 -96.26 -74.47 -62.27 -81.44 -94.94

Astra Microwave Products 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 ₹-313 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.


Astra Microwave Products  (BOM:532493) 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.

Astra Microwave Products's Interest Expense for the three months ended in Mar. 2024 was ₹-95 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹743 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹155 Mil.

Astra Microwave Products'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*742.908/-94.936
=7.83

* 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.


Astra Microwave Products (BOM:532493) Business Description

Traded in Other Exchanges
Address
Astra Towers, Survey No.12 (Part), Kothaguda Post, Opp. CII Green Building, Kondapur, Hitech City, Hyderabad, TG, IND, 500038
Astra Microwave Products Ltd is engaged in designing and manufacturing radio frequency (RF) and microwave super components and sub-systems finding applications in defense, space, telecom, meteorology, and civil communication systems. The principal activity of the company is to carry on the business to manufacture, produce, assemble, repair, maintain, importing, export, buy, sell, or otherwise deal in all kinds of electronic items and components.

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