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Alkosign (BOM:543453) Interest Expense : ₹-15.6 Mil (TTM As of Sep. 2024)


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What is Alkosign Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alkosign's interest expense for the six months ended in Sep. 2024 was ₹ -5.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-15.6 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. Alkosign's Operating Income for the six months ended in Sep. 2024 was ₹ 36.8 Mil. Alkosign's Interest Expense for the six months ended in Sep. 2024 was ₹ -5.1 Mil. Alkosign's Interest Coverage for the quarter that ended in Sep. 2024 was 7.15. 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.


Alkosign Interest Expense Historical Data

The historical data trend for Alkosign'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.

Alkosign Interest Expense Chart

Alkosign Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Interest Expense
-3.06 -7.91 -15.00 -14.96

Alkosign Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Interest Expense Get a 7-Day Free Trial -6.37 -8.62 -4.53 -10.43 -5.14

Alkosign 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 ₹-15.6 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.


Alkosign  (BOM:543453) 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.

Alkosign's Interest Expense for the six months ended in Sep. 2024 was ₹-5.1 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹36.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹55.5 Mil.

Alkosign'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*36.756/-5.143
=7.15

* 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.


Alkosign Business Description

Traded in Other Exchanges
N/A
Address
MIDC, Plot No: 12A, Near Mother Dairy, Saravli, Bhiwandi, Thane, Mumbai, MH, IND, 421 311
Alkosign Ltd is engaged in manufacturing of visual presentation systems namely writing boards/display boards/notice boards of different types along with its associated accessories and stands used for these boards, school benches, desks, and their accessories. The company generates all of its revenue from selling goods in the domestic market. The company's product-wise performance is bifurcated into the Board division and the Luggage division.

Alkosign Headlines

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