GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jay Kailash Namkeen Ltd (BOM:544160) » Definitions » Interest Expense

Jay Kailash Namkeen (BOM:544160) Interest Expense : ₹ Mil (TTM As of Mar. 2023)


View and export this data going back to 2024. Start your Free Trial

What is Jay Kailash Namkeen Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jay Kailash Namkeen's interest expense for the six months ended in Mar. 2023 was ₹ -0.61 Mil. Jay Kailash Namkeen does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Mar. 2023.

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. Jay Kailash Namkeen's Operating Income for the six months ended in Mar. 2023 was ₹ 12.85 Mil. Jay Kailash Namkeen's Interest Expense for the six months ended in Mar. 2023 was ₹ -0.61 Mil. Jay Kailash Namkeen's Interest Coverage for the quarter that ended in Mar. 2023 was 21.24. 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.


Jay Kailash Namkeen Interest Expense Historical Data

The historical data trend for Jay Kailash Namkeen'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.

Jay Kailash Namkeen Interest Expense Chart

Jay Kailash Namkeen Annual Data
Trend Mar21 Mar22 Mar23
Interest Expense
-0.23 -0.05 -0.61

Jay Kailash Namkeen Semi-Annual Data
Mar21 Mar22 Mar23
Interest Expense -0.23 -0.05 -0.61

Jay Kailash Namkeen Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


Jay Kailash Namkeen  (BOM:544160) 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.

Jay Kailash Namkeen's Interest Expense for the six months ended in Mar. 2023 was ₹-0.61 Mil. Its Operating Income for the six months ended in Mar. 2023 was ₹12.85 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2023 was ₹3.02 Mil.

Jay Kailash Namkeen's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2023 )/Interest Expense (Q: Mar. 2023 )
=-1*12.853/-0.605
=21.24

* 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.


Jay Kailash Namkeen Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Diwanpara 11/12 corner, Deeva House, Fourth Floor, Rajkot, GJ, IND, 360001
Jay Kailash Namkeen Ltd is a company engaged in the business of manufacturing of packaged Indian snacks. Its range of Indian snacks includes Chana Jor Namkeen, Masala Chana Jor, Pudina Chana, Masala Mung Jor, Plain Mung Jor, Soya Sticks, Haldi Chanas, Chana dal, Sev Murmura & Garlic Sev Murmura, Bhavnagari Gathiya, Chana Dal, Sing Bhujia, Popcorn, Roasted Peanuts, and other snacks.

Jay Kailash Namkeen Headlines

No Headlines