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Bhilwara Technical Textiles (BOM:533108) Interest Expense : ₹-0.1 Mil (TTM As of Mar. 2024)


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What is Bhilwara Technical Textiles Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bhilwara Technical Textiles's interest expense for the three months ended in Mar. 2024 was ₹ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-0.1 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. Bhilwara Technical Textiles's Operating Income for the three months ended in Mar. 2024 was ₹ -0.8 Mil. Bhilwara Technical Textiles's Interest Expense for the three months ended in Mar. 2024 was ₹ 0.0 Mil. Bhilwara Technical Textiles has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Bhilwara Technical Textiles Interest Expense Historical Data

The historical data trend for Bhilwara Technical Textiles'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.

Bhilwara Technical Textiles Interest Expense Chart

Bhilwara Technical Textiles 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 -0.05 - -0.32 -0.11 -0.08

Bhilwara Technical Textiles 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 - - - -0.08 -

Bhilwara Technical Textiles 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 ₹-0.1 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.


Bhilwara Technical Textiles  (BOM:533108) 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.

Bhilwara Technical Textiles's Interest Expense for the three months ended in Mar. 2024 was ₹0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-0.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹0.0 Mil.

Bhilwara Technical Textiles's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Bhilwara Technical Textiles had no long-term debt (1).

* 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.


Bhilwara Technical Textiles (BOM:533108) Business Description

Traded in Other Exchanges
N/A
Address
Bhilwara Towers, A-12, Sector-1, Noida, UP, IND, 201301
Bhilwara Technical Textiles Ltd is engaged in the business of trading of yarns. The main objective of the company is to carry on the business of manufacturer, producer, dealer, importer, exporter, buyer, seller and dealer in and as broker, agent, stockist, distributor and supplier of all kinds of automotive and home furnishing fabrics, made-ups, apparels and other products, goods, nylon, articles and are made from or with cotton, silk, polyester, acrylic and other kinds of fiber.

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