Ambo Agritec (BOM:543678) Interest Expense : ₹-22 Mil (TTM As of Sep. 2024)

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What is Ambo Agritec Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ambo Agritec's interest expense for the six months ended in Sep. 2024 was ₹ -9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-22 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. Ambo Agritec's Operating Income for the six months ended in Sep. 2024 was ₹ 24 Mil. Ambo Agritec's Interest Expense for the six months ended in Sep. 2024 was ₹ -9 Mil. Ambo Agritec's Interest Coverage for the quarter that ended in Sep. 2024 was 2.78. 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.

Ambo Agritec Interest Expense Historical Data

The historical data trend for Ambo Agritec'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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Ambo Agritec Interest Expense Chart

Ambo Agritec Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

-8.02

-9.52

-9.16

-11.80

-13.80

Ambo Agritec Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Interest Expense	Get a 7-Day Free Trial			-	-	-	-13.80	-8.52

Ambo Agritec 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 ₹-22 Mil.

Ambo Agritec (BOM:543678) 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.

Ambo Agritec's Interest Expense for the six months ended in Sep. 2024 was ₹-9 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹24 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹22 Mil.

Ambo Agritec'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	*	23.643	/	-8.52
	=	2.78

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

Ambo Agritec Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ambo Agritec Ltd (BOM:543678) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3, Pretoria Street, Chandrakunj Building, 2nd Floor, Kolkata, WB, IND, 700071

Website

https://www.amboagritec.com

Ambo Agritec Ltd is mainly engaged in the business of manufacturing biscuits, outsourced manufacturing of edible oils, vanaspati, and Bengali specialty products. In addition to this, the company is also engaged in trading crude linseed oil, and soya bean meal.

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