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Rishabh Instruments (BOM:543977) Interest Expense : ₹-39 Mil (TTM As of Dec. 2024)


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What is Rishabh Instruments Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rishabh Instruments's interest expense for the three months ended in Dec. 2024 was ₹ -13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-39 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. Rishabh Instruments's Operating Income for the three months ended in Dec. 2024 was ₹ 72 Mil. Rishabh Instruments's Interest Expense for the three months ended in Dec. 2024 was ₹ -13 Mil. Rishabh Instruments's Interest Coverage for the quarter that ended in Dec. 2024 was 5.37. 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.


Rishabh Instruments Interest Expense Historical Data

The historical data trend for Rishabh Instruments'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.

Rishabh Instruments Interest Expense Chart

Rishabh Instruments Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Interest Expense
-31.67 -33.53 -37.78 -39.88

Rishabh Instruments Quarterly Data
Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.09 -0.54 -8.03 -17.03 -13.48

Rishabh Instruments 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-39 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.


Rishabh Instruments  (BOM:543977) 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.

Rishabh Instruments's Interest Expense for the three months ended in Dec. 2024 was ₹-13 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹72 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Rishabh Instruments's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*72.39/-13.48
=5.37

* 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.


Rishabh Instruments Business Description

Traded in Other Exchanges
Address
F-31, MIDC, Satpur, Nagpur, MH, IND, 422007
Rishabh Instruments Ltd is engaged in manufacturing, design and development of Test and Measuring Instruments and Industrial Control Products on fundamentals; in terms of people, infrastructure and financials. The company has five segments which are electrical automation devices, metering, control, and protection devices, portable test and measuring instruments, solar string inverters, and aluminium HPDC products. The majority of its revenue generated from metering, control, and protection devices.

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