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Alstone Textiles (India) (BOM:539277) Interest Expense : ₹-0.08 Mil (TTM As of Jun. 2024)


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What is Alstone Textiles (India) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alstone Textiles (India)'s interest expense for the three months ended in Jun. 2024 was ₹ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ₹-0.08 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. Alstone Textiles (India)'s Operating Income for the three months ended in Jun. 2024 was ₹ 25.52 Mil. Alstone Textiles (India)'s Interest Expense for the three months ended in Jun. 2024 was ₹ 0.00 Mil. Alstone Textiles (India) 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.

Alstone Textiles (India) Interest Expense Historical Data

The historical data trend for Alstone Textiles (India)'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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Alstone Textiles (India) Interest Expense Chart

Alstone Textiles (India) 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 - -0.03 -0.08 -0.19 -0.18

Alstone Textiles (India) Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - -

Alstone Textiles (India) 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-0.08 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.

Alstone Textiles (India)  (BOM:539277) 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.

Alstone Textiles (India)'s Interest Expense for the three months ended in Jun. 2024 was ₹0.00 Mil. Its Operating Income for the three months ended in Jun. 2024 was ₹25.52 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ₹0.00 Mil.

Alstone Textiles (India)'s Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Alstone Textiles (India) 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.

Alstone Textiles (India) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Alstone Textiles (India) Ltd (BOM:539277) » Definitions » Interest Expense
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BOM:532621 BOM:533407 BOM:526179 BOM:507910 BOM:505523 BOM:533941 BOM:531952 BOM:521246 BOM:509196 BOM:521240 HKSE:02313 SHSE:600346 SZSE:000301 IST:SASA TSE:3402 TPE:1402 SHSE:601233 BOM:532889 SHSE:600295 AIN
Traded in Other Exchanges
N/A
Address
47/18, Basement, Rajendra Place Metro Station, New Delhi, IND, 110060
Website
http://www.alstonetextiles.in
Alstone Textiles (India) Ltd is an India based company. It is engaged in supplying and trading. The company also focuses on third-party product distributions to originating unsecured personal loans and corporate loans. The company's business activity falls within single business segment viz. Finance Activity. The fabric line of the company consists of cotton, woolen, art silk, natural silk, readymade garments, hosiery, synthetics fiber and fabric, and mixed fabrics.

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