Ambition Mica (BOM:539223) Interest Expense : ₹-21.4 Mil (TTM As of Jun. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Ambition Mica Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ambition Mica's interest expense for the three months ended in Jun. 2023 was ₹ -4.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was ₹-21.4 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. Ambition Mica's Operating Income for the three months ended in Jun. 2023 was ₹ -9.5 Mil. Ambition Mica's Interest Expense for the three months ended in Jun. 2023 was ₹ -4.8 Mil. Ambition Mica 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.

Ambition Mica Interest Expense Historical Data

The historical data trend for Ambition Mica'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.

Ambition Mica Interest Expense Chart

Ambition Mica Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

Get a 7-Day Free Trial

-36.25

-38.59

-34.18

-24.33

-18.00

Ambition Mica Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Interest Expense	Get a 7-Day Free Trial															-1.43	-0.20	-0.17	-16.20	-4.81

Ambition Mica 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-21.4 Mil.

Ambition Mica (BOM:539223) 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.

Ambition Mica's Interest Expense for the three months ended in Jun. 2023 was ₹-4.8 Mil. Its Operating Income for the three months ended in Jun. 2023 was ₹-9.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was ₹0.0 Mil.

Ambition Mica's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Ambition Mica did not have earnings to cover the interest expense.

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

Ambition Mica (BOM:539223) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ambition Mica Ltd (BOM:539223) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Anand Timber Mart Compound, Behind Karnavati Hospital, Opposite Saijpur Tower, Saijpur Bogha, Ahmedabad, GJ, IND, 382345

Website

https://www.ambitionmica.com

Ambition Mica Ltd operates in the laminate industry. The company is engaged in the manufacturing of decorative laminates and door skins. It markets laminates and door skin under brands like Antique, Art Lam, Antique Aurum, Antique Natural Wood, Boutique, and Micro Touch.

Ambition Mica (BOM:539223) Headlines

No Headlines