Kamdhenu Ventures (BOM:543747) Interest Expense : ₹-27 Mil (TTM As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Kamdhenu Ventures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kamdhenu Ventures's interest expense for the three months ended in Mar. 2024 was ₹ -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-27 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. Kamdhenu Ventures's Operating Income for the three months ended in Mar. 2024 was ₹ 61 Mil. Kamdhenu Ventures's Interest Expense for the three months ended in Mar. 2024 was ₹ -4 Mil. Kamdhenu Ventures's Interest Coverage for the quarter that ended in Mar. 2024 was 14.05. 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.

Kamdhenu Ventures Interest Expense Historical Data

The historical data trend for Kamdhenu Ventures'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.

Kamdhenu Ventures Interest Expense Chart

Kamdhenu Ventures Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

-60.55

-27.19

Kamdhenu Ventures Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial						-10.94	-12.22	-6.48	-4.14	-4.34

Kamdhenu Ventures 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-27 Mil.

Kamdhenu Ventures (BOM:543747) 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.

Kamdhenu Ventures's Interest Expense for the three months ended in Mar. 2024 was ₹-4 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹61 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹5 Mil.

Kamdhenu Ventures's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	60.958	/	-4.339
	=	14.05

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

Kamdhenu Ventures (BOM:543747) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kamdhenu Ventures Ltd (BOM:543747) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

KAMOPAINTS:India

Address

DLF Cyber City, 2nd Floor, Tower-A, Building No. 9, Phase-III, Gurgaon, HR, IND, 122 002

Website

https://www.kamdhenulimited.com

Kamdhenu Ventures Ltd is engaged in the manufacturing, marketing, branding, and distribution of diverse products including Reinforcement steel Bars, Structural steels, Binding Wire, Colour Coated Sheets, Plywood, Paints, and many more. The Group is also engaged in trading TMT Bars, structural steel, and manufacturing of paints products.

Kamdhenu Ventures (BOM:543747) Headlines

No Headlines