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LGB Forge (BOM:533007) Interest Expense : ₹-24.5 Mil (TTM As of Dec. 2024)


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What is LGB Forge Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. LGB Forge's interest expense for the three months ended in Dec. 2024 was ₹ -5.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-24.5 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. LGB Forge's Operating Income for the three months ended in Dec. 2024 was ₹ -1.4 Mil. LGB Forge's Interest Expense for the three months ended in Dec. 2024 was ₹ -5.9 Mil. LGB Forge 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.


LGB Forge Interest Expense Historical Data

The historical data trend for LGB Forge'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.

LGB Forge Interest Expense Chart

LGB Forge 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 -25.33 -18.81 -22.51 -21.43 -31.66

LGB Forge 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 -8.59 -6.39 -6.69 -5.50 -5.88

LGB Forge 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 ₹-24.5 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.


LGB Forge  (BOM:533007) 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.

LGB Forge's Interest Expense for the three months ended in Dec. 2024 was ₹-5.9 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹-1.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0.0 Mil.

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

LGB Forge 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.


LGB Forge Business Description

Traded in Other Exchanges
N/A
Address
6/16/13, Krishnarayapuram Road, Ganapathy, Coimbatore, TN, IND, 641 006
LGB Forge Ltd is engaged in the manufacturing of cold and hot forged components, and machined components. It is engaged in manufacturing auto, electrical and transmission forged components for automobiles, and non-automotive segments, such as the valve industry and infrastructure equipment industry. The firm's product categories include hot forging, hot and warm forging, and cold forging. The hot forging products include valve bonnets, rocker arms, and bucket tooths. The hot and warm forging products include bell, body starter clutch, tulip, and claw. The cold forging products include ball pins, ball rods, boss rotors, fuel pump components, and others. Geographically, the company derives its key revenue from India.

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