IKIO Lighting (BOM:543923) Interest Expense : ₹-26 Mil (TTM As of Sep. 2024)

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What is IKIO Lighting Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. IKIO Lighting's interest expense for the three months ended in Sep. 2024 was ₹ -23 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-26 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. IKIO Lighting's Operating Income for the three months ended in Sep. 2024 was ₹ 157 Mil. IKIO Lighting's Interest Expense for the three months ended in Sep. 2024 was ₹ -23 Mil. IKIO Lighting's Interest Coverage for the quarter that ended in Sep. 2024 was 6.80. 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.

IKIO Lighting Interest Expense Historical Data

The historical data trend for IKIO Lighting'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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IKIO Lighting Interest Expense Chart

IKIO Lighting Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

-34.81

-43.33

-45.78

-43.83

-43.86

IKIO Lighting Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial								-31.77	-29.19	47.19	-20.91	-23.07

IKIO Lighting 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 quarterly data reported by the company within the most recent 12 months, which was ₹-26 Mil.

IKIO Lighting (BOM:543923) 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.

IKIO Lighting's Interest Expense for the three months ended in Sep. 2024 was ₹-23 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₹157 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₹293 Mil.

IKIO Lighting'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	*	156.98	/	-23.07
	=	6.80

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

IKIO Lighting Business Description

Industry

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IKIO:India

Address

D – 234, Sector 63, Noida, UP, IND, 201 301

Website

https://www.ikio.in

IKIO Lighting Ltd is an Indian manufacturer of light-emitting diode (LED) lighting solutions. It is focused on sustainability and providing low-energy LED products to help India meet its sustainability goals. The company is an original design manufacturer (ODM) and designs, develops, manufactures, and supplies products to customers who further distribute them under their brands. The products are categorized as LED lighting; refrigeration lights; ABS (acrylonitrile butadiene styrene) piping; and other products.

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