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Rudra Gas Enterprise (BOM:544121) Interest Expense : ₹-22.3 Mil (TTM As of Sep. 2024)


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What is Rudra Gas Enterprise Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rudra Gas Enterprise's interest expense for the six months ended in Sep. 2024 was ₹ -14.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-22.3 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. Rudra Gas Enterprise's Operating Income for the six months ended in Sep. 2024 was ₹ 46.0 Mil. Rudra Gas Enterprise's Interest Expense for the six months ended in Sep. 2024 was ₹ -14.5 Mil. Rudra Gas Enterprise's Interest Coverage for the quarter that ended in Sep. 2024 was 3.17. 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.

Rudra Gas Enterprise Interest Expense Historical Data

The historical data trend for Rudra Gas Enterprise'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.

Rudra Gas Enterprise Interest Expense Chart

Rudra Gas Enterprise Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Interest Expense
-6.64 -10.82 -14.68 -19.85

Rudra Gas Enterprise Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Interest Expense Get a 7-Day Free Trial - - -12.04 -7.80 -14.50

Rudra Gas Enterprise 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 ₹-22.3 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.

Rudra Gas Enterprise  (BOM:544121) 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.

Rudra Gas Enterprise's Interest Expense for the six months ended in Sep. 2024 was ₹-14.5 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹46.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹25.3 Mil.

Rudra Gas Enterprise'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*45.992/-14.5
=3.17

* 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.

Rudra Gas Enterprise Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Rudra Gas Enterprise Ltd (BOM:544121) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Science City Road, B-702, The Capital Building, Opposite Hetarth Party Plot, Sola, Ahmedabad, GJ, IND, 380060
Website
https://www.rudragasenterprise.com
Rudra Gas Enterprise Ltd is engaged in various facets of the infrastructure sector. It is mainly engaged in gas distribution network projects, fiber cable networks, and renting of construction machinery and vehicles, and provides end-to-end solutions for the city gas distribution sector. City gas distribution business comprises of laying of pipelines for the distribution of the city gas network and construction of associated facilities like CNG (Compressed Natural Gas) stations, erection, installation, testing, and commissioning of the underground pipelines, maintenance, and repair facilities and cater domestic household use; commercial use such as manufacturing industry, power generation, hotels, hospitals, restaurant and offices; and transport sector use in vehicles.

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