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DOMS Industries (BOM:544045) Interest Expense : ₹-74 Mil (TTM As of Sep. 2023)


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What is DOMS Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. DOMS Industries's interest expense for the six months ended in Sep. 2023 was ₹ -74 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₹-74 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. DOMS Industries's Operating Income for the six months ended in Sep. 2023 was ₹ 1,047 Mil. DOMS Industries's Interest Expense for the six months ended in Sep. 2023 was ₹ -74 Mil. DOMS Industries's Interest Coverage for the quarter that ended in Sep. 2023 was 14.15. 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.


DOMS Industries Interest Expense Historical Data

The historical data trend for DOMS Industries'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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DOMS Industries Interest Expense Chart

DOMS Industries Annual Data
Trend Mar21 Mar22 Mar23
Interest Expense
-82.02 -95.65 -107.09

DOMS Industries Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Interest Expense - - - -73.95

DOMS Industries 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-74 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.


DOMS Industries  (BOM:544045) 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.

DOMS Industries's Interest Expense for the six months ended in Sep. 2023 was ₹-74 Mil. Its Operating Income for the six months ended in Sep. 2023 was ₹1,047 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was ₹1,220 Mil.

DOMS Industries's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*1046.61/-73.95
=14.15

* 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.


DOMS Industries (BOM:544045) Business Description

Comparable Companies
Traded in Other Exchanges
Address
Plot No. 117, 52 Hector Expansion Area, G.I.D.C., District Valsad, Umbergaon, GJ, IND, 396171
DOMS Industries Ltd is engaged in the manufacturing of stationery and art material products in India. It designs, develops, manufactures, and sells products, primarily under DOMS brand. Its products are classified across seven categories: (i) scholastic stationery; (ii) scholastic art material; (iii) paper stationery; (iv) kits and combos; (v) office supplies; (vi) hobby and craft; and (vii) fine art products.

DOMS Industries (BOM:544045) Headlines

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