Active Clothing Co (BOM:541144) Interest Expense : ₹-80 Mil (TTM As of Mar. 2024)

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What is Active Clothing Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Active Clothing Co's interest expense for the three months ended in Mar. 2024 was ₹ -14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-80 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. Active Clothing Co's Operating Income for the three months ended in Mar. 2024 was ₹ 28 Mil. Active Clothing Co's Interest Expense for the three months ended in Mar. 2024 was ₹ -14 Mil. Active Clothing Co's Interest Coverage for the quarter that ended in Mar. 2024 was 2.11. 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.

Active Clothing Co Interest Expense Historical Data

The historical data trend for Active Clothing Co'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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Active Clothing Co Interest Expense Chart

Active Clothing Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-76.59

-67.53

-52.81

-72.11

-80.45

Active Clothing Co Quarterly Data
	Mar17	Dec17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-13.84	-22.92	-20.16	-23.87	-13.51

Active Clothing Co 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 ₹-80 Mil.

Active Clothing Co (BOM:541144) 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.

Active Clothing Co's Interest Expense for the three months ended in Mar. 2024 was ₹-14 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹28 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹281 Mil.

Active Clothing Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	28.468	/	-13.51
	=	2.11

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

Active Clothing Co (BOM:541144) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Active Clothing Co Ltd (BOM:541144) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot no. E-225, Phase VIII B, Industrial Area, Focal Point, Mohali, PB, IND, 160055

Website

https://www.activesourcing.org

Active Clothing Co Ltd is an apparel manufacturer. The company produces garments across three categories which include flat knit sweaters, outwear jackets, circular knit t-shirts, sweatshirts, and joggers for men, women, kids, and baby wear.

Active Clothing Co (BOM:541144) Headlines

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