Quality RO Industries (BOM:543460) Interest Expense : ₹-2.1 Mil (TTM As of Sep. 2024)

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What is Quality RO Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Quality RO Industries's interest expense for the six months ended in Sep. 2024 was ₹ -1.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-2.1 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. Quality RO Industries's Operating Income for the six months ended in Sep. 2024 was ₹ 2.3 Mil. Quality RO Industries's Interest Expense for the six months ended in Sep. 2024 was ₹ -1.5 Mil. Quality RO Industries's Interest Coverage for the quarter that ended in Sep. 2024 was 1.49. 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.

Quality RO Industries Interest Expense Historical Data

The historical data trend for Quality RO 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.

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Quality RO Industries Interest Expense Chart

Quality RO Industries Annual Data

Trend

Mar22

Mar23

Mar24

Interest Expense

-0.17

-1.11

-1.26

Quality RO Industries Semi-Annual Data
	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Interest Expense	Get a 7-Day Free Trial			-0.28	-0.83	-0.72	-0.54	-1.55

Quality RO 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 ₹-2.1 Mil.

Quality RO Industries (BOM:543460) 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.

Quality RO Industries's Interest Expense for the six months ended in Sep. 2024 was ₹-1.5 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹2.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹29.6 Mil.

Quality RO 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	*	2.297	/	-1.546
	=	1.49

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

Quality RO Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Quality RO Industries Ltd (BOM:543460) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 09, POR Industrial Park, NH 08 Behind Sahayog Hotel, Village Por, Vadodara, GJ, IND, 391243

Website

https://www.qualityro.in

Quality RO Industries Ltd is engaged in the Manufacturing and contract Manufacturing of Water softener equipment such as RO filter parts, cartridges and membranes, Die casting and associated contractual manufacturing, and trading of RO equipment spares and associated products. It is also engaged in Contractual Logistics Services to local infra and manufacturing companies and Real Estate - Residential and commercial property development. Its business segments are RO Products, Transportation, Realty Sector, and Others.

Quality RO Industries Headlines

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