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Kesar India (BOM:543542) Interest Expense : ₹-0.6 Mil (TTM As of Sep. 2023)


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What is Kesar India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kesar India's interest expense for the six months ended in Sep. 2023 was ₹ -0.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₹-0.6 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. Kesar India's Operating Income for the six months ended in Sep. 2023 was ₹ 85.0 Mil. Kesar India's Interest Expense for the six months ended in Sep. 2023 was ₹ -0.3 Mil. Kesar India's Interest Coverage for the quarter that ended in Sep. 2023 was 304.75. 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.


Kesar India Interest Expense Historical Data

The historical data trend for Kesar India'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.

Kesar India Interest Expense Chart

Kesar India Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial -0.01 -0.01 -0.81 -0.82 -1.17

Kesar India Semi-Annual Data
Mar18 Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.37 -0.48 -0.34 -0.28 -

Kesar India 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-0.6 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.


Kesar India  (BOM:543542) 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.

Kesar India's Interest Expense for the six months ended in Sep. 2023 was ₹-0.3 Mil. Its Operating Income for the six months ended in Sep. 2023 was ₹85.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was ₹16.6 Mil.

Kesar India's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*85.025/-0.279
=304.75

* 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.


Kesar India (BOM:543542) Business Description

Traded in Other Exchanges
N/A
Address
Amravati Road, Flat No. F-101 Jagat Plaza, Law Collage Sqaure, Nagpur, MH, IND, 440010
Kesar India Ltd undertakes real estate development and construction, primarily in the business of developing and constructing Projects such as Residential & Commercial Plotting, residential, commercial and industrial buildings, colonies, mills and factory buildings, workshop buildings.

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