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Radico Khaitan (BOM:532497) Interest Expense : ₹-649 Mil (TTM As of Jun. 2024)


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What is Radico Khaitan Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Radico Khaitan's interest expense for the three months ended in Jun. 2024 was ₹ -185 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ₹-649 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. Radico Khaitan's Operating Income for the three months ended in Jun. 2024 was ₹ 1,162 Mil. Radico Khaitan's Interest Expense for the three months ended in Jun. 2024 was ₹ -185 Mil. Radico Khaitan's Interest Coverage for the quarter that ended in Jun. 2024 was 6.29. 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.

Radico Khaitan Interest Expense Historical Data

The historical data trend for Radico Khaitan'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.

Radico Khaitan Interest Expense Chart

Radico Khaitan 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 -308.91 -212.99 -131.03 -213.74 -587.54

Radico Khaitan Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -122.75 -124.71 -177.17 -162.91 -184.52

Radico Khaitan 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-649 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.

Radico Khaitan  (BOM:532497) 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.

Radico Khaitan's Interest Expense for the three months ended in Jun. 2024 was ₹-185 Mil. Its Operating Income for the three months ended in Jun. 2024 was ₹1,162 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ₹0 Mil.

Radico Khaitan's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*1161.515/-184.52
=6.29

* 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.

Radico Khaitan Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Radico Khaitan Ltd (BOM:532497) » Definitions » Interest Expense
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BOM:543711 BOM:507205 NSE:GLOBUSSPR BOM:507488 BOM:507526 BOM:542628 BOM:507438 NSE:AURDIS BOM:507498 NSE:RKDL SHSE:600519 SZSE:000858 LSE:DGE XPAR:RI STZ SZSE:000568 SHSE:600809 BF.B SZSE:002304 SZSE:000596
Traded in Other Exchanges
RADICO:India
Address
Mathura Road, Plot No. J-1, Block B-1, Mohan Co-operative Industrial Area, New Delhi, IND, 110044
Website
https://www.radicokhaitan.com
Radico Khaitan Ltd is an India-based liquor manufacturing company. Its products include whiskey, vodka, rum, brandy, and gin. The company's brand portfolio includes After Dark Whisky, Contessa Rum, Magic Moments Vodka, Morpheus Brandy, Old Admiral Brandy, and 8 PM Whisky. It has three distilleries in Rampur, Uttar Pradesh, and one in Aurangabad, Maharashtra. It produces extra neutral alcohol from molasses, as well as grain. It produces malt spirit and aged grain spirit, as well as matured malt spirit.

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