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Bannari Amman Spinning Mills (BOM:532674) Interest Expense : ₹-491 Mil (TTM As of Mar. 2024)


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What is Bannari Amman Spinning Mills Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bannari Amman Spinning Mills's interest expense for the three months ended in Mar. 2024 was ₹ -38 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-491 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. Bannari Amman Spinning Mills's Operating Income for the three months ended in Mar. 2024 was ₹ -310 Mil. Bannari Amman Spinning Mills's Interest Expense for the three months ended in Mar. 2024 was ₹ -38 Mil. Bannari Amman Spinning Mills did not have earnings to cover the interest expense. 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.

Bannari Amman Spinning Mills Interest Expense Historical Data

The historical data trend for Bannari Amman Spinning Mills'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.

Bannari Amman Spinning Mills Interest Expense Chart

Bannari Amman Spinning Mills 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 -683.58 -593.32 -499.23 -427.66 -490.96

Bannari Amman Spinning Mills 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 9.36 -157.32 -142.95 -153.08 -37.61

Bannari Amman Spinning Mills 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 ₹-491 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.

Bannari Amman Spinning Mills  (BOM:532674) 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.

Bannari Amman Spinning Mills's Interest Expense for the three months ended in Mar. 2024 was ₹-38 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-310 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹2,196 Mil.

Bannari Amman Spinning Mills's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Bannari Amman Spinning Mills did not have earnings to cover the interest expense.

* 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.

Bannari Amman Spinning Mills (BOM:532674) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Bannari Amman Spinning Mills Ltd (BOM:532674) » Definitions » Interest Expense
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BOM:514036 BOM:503804 BOM:514286 BOM:538119 BOM:521018 BOM:502958 BOM:542729 BOM:532641 BOM:512527 NSE:PRECOT HKSE:02313 SHSE:600346 SZSE:000301 IST:SASA TSE:3402 TPE:1402 SHSE:601233 BOM:532889 SHSE:600295 AIN
Traded in Other Exchanges
BASML:India
Address
252, Mettupalayam Road, Coimbatore, TN, IND, 641 043
Website
https://www.bannarimills.com
Bannari Amman Spinning Mills Ltd is engaged in the manufacturing of grey woven fabrics, knitted fabrics, and cotton yarn. The company is also engaged in the business of processing fabrics, garments and wind power generation for captive consumption. It operates through the Textiles segment. Its divisions include Spinning, Weaving, Knitting, Processing, Garments, Home Textiles and Wind. The products offered by the company include Mercerised polos, Hoodies, Bed linen set, Baby bath towels and Baby duvet cover. Geographically, the group has a business presence in India and other countries, from which key revenue is derived within India.

Bannari Amman Spinning Mills (BOM:532674) Headlines

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