Triveni Turbine (BOM:533655) Interest Expense : ₹-29 Mil (TTM As of Dec. 2024)

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What is Triveni Turbine Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Triveni Turbine's interest expense for the three months ended in Dec. 2024 was ₹ -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-29 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. Triveni Turbine's Operating Income for the three months ended in Dec. 2024 was ₹ 1,028 Mil. Triveni Turbine's Interest Expense for the three months ended in Dec. 2024 was ₹ -4 Mil. Triveni Turbine's Interest Coverage for the quarter that ended in Dec. 2024 was 257.00. 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.

Triveni Turbine Interest Expense Historical Data

The historical data trend for Triveni Turbine'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.

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Triveni Turbine Interest Expense Chart

Triveni Turbine Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-32.25

-10.09

-9.08

-8.51

-25.48

Triveni Turbine 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															-6.00	-6.48	-10.20	-8.00	-4.00

Triveni Turbine 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 ₹-29 Mil.

Triveni Turbine (BOM:533655) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Triveni Turbine's Interest Expense for the three months ended in Dec. 2024 was ₹-4 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹1,028 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	1028	/	-4
	=	257.00

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Triveni Turbine Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Triveni Turbine Business Description

Industry

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TRITURBINE:India

Address

Express Trade Towers, 8th Floor, 15-16, Sector 16A, Noida, UP, IND, 201301

Website

https://www.triveniturbines.com

Triveni Turbine Ltd is an India-based company that supplies power-generating equipment and solutions. The company offers back-pressure and condensing steam turbines, related spare parts, and aftermarket services. In addition, the company owns a partial stake in GE Triveni Limited, a joint venture cofounded by General Electric and Triveni Turbine. This joint venture offers a portfolio of steam turbine products in the global industrial power-generation market. Triveni Turbine's products are used in sectors including sugar, distillery, palm oil, independent power producers, and textiles. The company generates the majority of its sales from the Indian domestic market.

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