Vruddhi Engineering Works (BOM:544157) Interest Expense : ₹-1.2 Mil (TTM As of Sep. 2024)

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What is Vruddhi Engineering Works Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vruddhi Engineering Works's interest expense for the six months ended in Sep. 2024 was ₹ -1.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-1.2 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. Vruddhi Engineering Works's Operating Income for the six months ended in Sep. 2024 was ₹ 6.1 Mil. Vruddhi Engineering Works's Interest Expense for the six months ended in Sep. 2024 was ₹ -1.2 Mil. Vruddhi Engineering Works's Interest Coverage for the quarter that ended in Sep. 2024 was 4.99. 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.

Vruddhi Engineering Works Interest Expense Historical Data

The historical data trend for Vruddhi Engineering Works'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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Vruddhi Engineering Works Interest Expense Chart

Vruddhi Engineering Works Annual Data

Trend

Mar21

Mar22

Mar23

Interest Expense

-0.01

-1.40

Vruddhi Engineering Works Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Sep24
Interest Expense	-	-	-	-1.89	-1.21

Vruddhi Engineering Works 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 ₹-1.2 Mil.

Vruddhi Engineering Works (BOM:544157) 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.

Vruddhi Engineering Works's Interest Expense for the six months ended in Sep. 2024 was ₹-1.2 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹6.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹7.4 Mil.

Vruddhi Engineering Works'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	*	6.054	/	-1.214
	=	4.99

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

Vruddhi Engineering Works Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vruddhi Engineering Works Ltd (BOM:544157) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

N. S. Phadke Road, 1317, Hubtown Solaris, Near Flyover Bridge, Andheri East, Mumbai, MH, IND, 400069

Website

https://www.vruddhicouplers.com

Vruddhi Engineering Works Ltd is engaged in offering mechanical splicing solutions to the real estate, construction and infrastructure industry by designing, engineering and supplying of rebar couplers. It offers (a) supply of rebar couplers as per customer needs; (b) on-site threading services of the couplers; and (c) trading in threading machines and spares. The company supply its products and offers its services to the real estate, construction and infrastructure industry.

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