Kalyani Cast Tech (BOM:544023) Interest Expense : ₹-2 Mil (TTM As of Sep. 2024)

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What is Kalyani Cast Tech Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kalyani Cast Tech's interest expense for the six months ended in Sep. 2024 was ₹ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-2 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. Kalyani Cast Tech's Operating Income for the six months ended in Sep. 2024 was ₹ 108 Mil. Kalyani Cast Tech's Interest Expense for the six months ended in Sep. 2024 was ₹ -2 Mil. Kalyani Cast Tech's Interest Coverage for the quarter that ended in Sep. 2024 was 68.34. 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.

Kalyani Cast Tech Interest Expense Historical Data

The historical data trend for Kalyani Cast Tech'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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Kalyani Cast Tech Interest Expense Chart

Kalyani Cast Tech Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Interest Expense

-2.80

-3.15

-2.85

-1.74

Kalyani Cast Tech Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Interest Expense	Get a 7-Day Free Trial			-	-	-1.06	-0.68	-1.58

Kalyani Cast Tech 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 ₹-2 Mil.

Kalyani Cast Tech (BOM:544023) 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.

Kalyani Cast Tech's Interest Expense for the six months ended in Sep. 2024 was ₹-2 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹108 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹0 Mil.

Kalyani Cast Tech'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	*	107.905	/	-1.579
	=	68.34

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Kalyani Cast Tech Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Kalyani Cast Tech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kalyani Cast Tech Ltd (BOM:544023) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

B-144, DDA Shed Phase-1, Okhla Industrial Area, 2nd Floor, South Delhi, New Delhi, Delhi, IND, 110020

Website

https://kalyanicasttech.com

Kalyani Cast Tech Ltd is a cargo container manufacturing company. It manufactures a wide product range of castings, including finished components, and are specialist in various types of cargo containers such as ISO containers 20', 25', 40', 42', and other special containers including dwarf containers, cuboid containers, special containers for parcel cargo and containers for two & three wheelers. It has a diverse client base such as Indian railways, companies engaged in the mining industry, cement Industry, chemicals and fertilizer and power plants.

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