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RCI Industries & Technologies (BOM:537254) Interest Expense : ₹-21.6 Mil (TTM As of Sep. 2022)


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What is RCI Industries & Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. RCI Industries & Technologies's interest expense for the three months ended in Sep. 2022 was ₹ -15.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2022 was ₹-21.6 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. RCI Industries & Technologies's Operating Income for the three months ended in Sep. 2022 was ₹ -14.8 Mil. RCI Industries & Technologies's Interest Expense for the three months ended in Sep. 2022 was ₹ -15.7 Mil. RCI Industries & Technologies 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.


RCI Industries & Technologies Interest Expense Historical Data

The historical data trend for RCI Industries & Technologies'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.

RCI Industries & Technologies Interest Expense Chart

RCI Industries & Technologies Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Interest Expense
Get a 7-Day Free Trial Premium Member Only -167.18 -212.17 -142.77 -1.66 -5.91

RCI Industries & Technologies Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -0.13 -0.08 -5.67 -0.10 -15.72

RCI Industries & Technologies 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-21.6 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.


RCI Industries & Technologies  (BOM:537254) 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.

RCI Industries & Technologies's Interest Expense for the three months ended in Sep. 2022 was ₹-15.7 Mil. Its Operating Income for the three months ended in Sep. 2022 was ₹-14.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2022 was ₹175.5 Mil.

RCI Industries & Technologies's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

RCI Industries & Technologies 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.


RCI Industries & Technologies (BOM:537254) Business Description

Traded in Other Exchanges
N/A
Address
4th Florr Pearl Omaxe Tower,, Unit Number 421,, Pitampura, New Delhi, Delhi, IND, 110052
RCI Industries & Technologies Ltd is engaged in the manufacturing of copper products in India. The company's product categories include Brass, Bronze, Copper, Nickel, Solder, Stainless steel, and Aluminium. Its products are applicable in sectors like automobile, engineering, defence, construction, electronics, among others. It involves into B2C segment for the production of copper cables, LED Lights, and Home Appliances under the brand name RIKAYAA. Geographically, it derives substantial revenue from India and has operations in the Middle East and African countries.

RCI Industries & Technologies (BOM:537254) Headlines

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