Aether Industries (BOM:543534) Interest Expense : ₹-93 Mil (TTM As of Jun. 2024)

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What is Aether Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aether Industries's interest expense for the three months ended in Jun. 2024 was ₹ -26 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ₹-93 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. Aether Industries's Operating Income for the three months ended in Jun. 2024 was ₹ 330 Mil. Aether Industries's Interest Expense for the three months ended in Jun. 2024 was ₹ -26 Mil. Aether Industries's Interest Coverage for the quarter that ended in Jun. 2024 was 12.54. 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.

Aether Industries Interest Expense Historical Data

The historical data trend for Aether 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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Aether Industries Interest Expense Chart

Aether Industries Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-83.43

-100.97

-119.39

-42.35

-78.67

Aether Industries Quarterly Data
	Mar19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Interest Expense	Get a 7-Day Free Trial												-11.66	-16.41	-20.62	-29.98	-26.32

Aether 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-93 Mil.

Aether Industries (BOM:543534) 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.

Aether Industries's Interest Expense for the three months ended in Jun. 2024 was ₹-26 Mil. Its Operating Income for the three months ended in Jun. 2024 was ₹330 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ₹0 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	330.13	/	-26.32
	=	12.54

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

Aether Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Aether Industries Ltd (BOM:543534) » Definitions » Interest Expense

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AETHER:India

Address

Plot No. 8203, GIDC, Sachin, Surat, GJ, IND, 394230

Website

https://www.aether.co.in

Aether Industries Ltd is a manufacturer of specialty chemicals. The products find application in the pharmaceutical, agrochemical, material science, coating, high-performance photography, additive, and oil and gas segments of the chemical industry. There are three broad business models within the primary operating segment, which are: Large-Scale Manufacturing of Specialty Chemicals, Contract Manufacturing, and Contract Research and Manufacturing Services.

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