Aartech Solonics (BOM:542580) Interest Expense : ₹-3.4 Mil (TTM As of Dec. 2024)

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What is Aartech Solonics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aartech Solonics's interest expense for the three months ended in Dec. 2024 was ₹ -1.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-3.4 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. Aartech Solonics's Operating Income for the three months ended in Dec. 2024 was ₹ 9.6 Mil. Aartech Solonics's Interest Expense for the three months ended in Dec. 2024 was ₹ -1.3 Mil. Aartech Solonics's Interest Coverage for the quarter that ended in Dec. 2024 was 7.25. 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.

Aartech Solonics Interest Expense Historical Data

The historical data trend for Aartech Solonics'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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Aartech Solonics Interest Expense Chart

Aartech Solonics Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-1.31

-1.53

-1.28

-1.95

-3.14

Aartech Solonics Quarterly Data
	Mar16	Mar17	Mar18	Sep18	Sep19	Sep20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-1.42	0.99	-1.30	-1.81	-1.32

Aartech Solonics 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 ₹-3.4 Mil.

Aartech Solonics (BOM:542580) 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.

Aartech Solonics's Interest Expense for the three months ended in Dec. 2024 was ₹-1.3 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹9.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0.0 Mil.

Aartech Solonics'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	*	9.584	/	-1.322
	=	7.25

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

Aartech Solonics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aartech Solonics Ltd (BOM:542580) » Definitions » Interest Expense

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AARTECH:India

Address

Arera Colony, E-2/57, Ashirvad, Bhopal, MP, IND, 462016

Website

https://www.aartechsolonics.com

Aartech Solonics Ltd is a system solution-oriented research and development enterprise in the field of specialized and selected energy appliances. The company is involved in the manufacturing of electricity distribution and control apparatus such as bus transfer systems, relay panels, ultracapacitors, load checkers, and current limiters among others. The company is also engaged in manufacturing photo frames under the brand Gsun, and organic waste to compost machines. It serves Renewable Energy; Power; Heavy Engineering; Defense and Exploration; Healthcare; Information Technology and Telecom; and other industries. Geographically, the company caters to both domestic and international markets of which, it derives key revenue from the domestic market.

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