ICL Organic Dairy Products (BOM:542935) Interest Expense : ₹-0.01 Mil (TTM As of Mar. 2023)

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What is ICL Organic Dairy Products Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ICL Organic Dairy Products's interest expense for the six months ended in Mar. 2023 was ₹ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 was ₹-0.01 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. ICL Organic Dairy Products's Operating Income for the six months ended in Mar. 2023 was ₹ 0.18 Mil. ICL Organic Dairy Products's Interest Expense for the six months ended in Mar. 2023 was ₹ -0.01 Mil. ICL Organic Dairy Products's Interest Coverage for the quarter that ended in Mar. 2023 was 36.60. 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.

ICL Organic Dairy Products Interest Expense Historical Data

The historical data trend for ICL Organic Dairy Products'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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ICL Organic Dairy Products Interest Expense Chart

ICL Organic Dairy Products Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-0.15

-0.48

-0.28

-0.22

-0.01

ICL Organic Dairy Products Semi-Annual Data
	Mar17	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Interest Expense	Get a 7-Day Free Trial					-0.15	-0.09	-0.14	-	-0.01

ICL Organic Dairy Products 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-0.01 Mil.

ICL Organic Dairy Products (BOM:542935) 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.

ICL Organic Dairy Products's Interest Expense for the six months ended in Mar. 2023 was ₹-0.01 Mil. Its Operating Income for the six months ended in Mar. 2023 was ₹0.18 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2023 was ₹1.25 Mil.

ICL Organic Dairy Products's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2023 )	/	Interest Expense (Q: Mar. 2023 )
	=	-1	*	0.183	/	-0.005
	=	36.60

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. ICL Organic Dairy Products Ltd has enough cash to cover all of its debt. Its financial situation is stable.

ICL Organic Dairy Products (BOM:542935) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » ICL Organic Dairy Products Ltd (BOM:542935) » Definitions » Interest Expense

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Address

Gautam Buddha Nagar, A-105, 3rd Floor, Sector-63, Noida, UP, IND, 201301

Website

https://www.icldairy.co.in

ICL Organic Dairy Products Ltd is engaged in Dairy farming with the main object to products and extracting Milk from cows and distributing the same raw material extracted from the cow and supplying it to sweet shops, retailers, different establishments and households.

ICL Organic Dairy Products (BOM:542935) Headlines

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