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Billwin Industries (BOM:543209) Interest Expense : ₹-0.75 Mil (TTM As of Sep. 2024)


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What is Billwin Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Billwin Industries's interest expense for the six months ended in Sep. 2024 was ₹ -0.98 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-0.75 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. Billwin Industries's Operating Income for the six months ended in Sep. 2024 was ₹ 7.06 Mil. Billwin Industries's Interest Expense for the six months ended in Sep. 2024 was ₹ -0.98 Mil. Billwin Industries's Interest Coverage for the quarter that ended in Sep. 2024 was 7.20. 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.


Billwin Industries Interest Expense Historical Data

The historical data trend for Billwin Industries'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.

Billwin Industries Interest Expense Chart

Billwin Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial -0.21 -3.09 -3.12 -3.76 -3.35

Billwin Industries Semi-Annual Data
Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 -1.90 -1.86 -3.59 0.23 -0.98

Billwin Industries 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-0.75 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.


Billwin Industries  (BOM:543209) 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.

Billwin Industries's Interest Expense for the six months ended in Sep. 2024 was ₹-0.98 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹7.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹0.36 Mil.

Billwin Industries's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*7.06/-0.981
=7.20

* 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.


Billwin Industries Business Description

Traded in Other Exchanges
N/A
Address
79, Vishal Industrial Estate Village Road, Bhandup West, Mumbai, MH, IND, 400 078
Billwin Industries Ltd manufactures and trades protective gear; such as rainwear, life jackets, and inflatable boats used in seas and other water bodies for safety. The company's product range includes rainwear coats, rain jackets, winter jackets, inflatable boats, sleeping bags, life jackets, masks, and others.

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