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Emmforce Autotech (BOM:544166) Interest Expense : ₹-11.6 Mil (TTM As of Sep. 2024)


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What is Emmforce Autotech Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Emmforce Autotech's interest expense for the six months ended in Sep. 2024 was ₹ -11.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-11.6 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. Emmforce Autotech's Operating Income for the six months ended in Sep. 2024 was ₹ 33.0 Mil. Emmforce Autotech's Interest Expense for the six months ended in Sep. 2024 was ₹ -11.6 Mil. Emmforce Autotech's Interest Coverage for the quarter that ended in Sep. 2024 was 2.85. 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.


Emmforce Autotech Interest Expense Historical Data

The historical data trend for Emmforce Autotech'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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Emmforce Autotech Interest Expense Chart

Emmforce Autotech Annual Data
Trend Mar21 Mar22 Mar23
Interest Expense
-14.31 -18.76 -23.76

Emmforce Autotech Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Sep24
Interest Expense - - - - -11.59

Emmforce Autotech 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 ₹-11.6 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.


Emmforce Autotech  (BOM:544166) 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.

Emmforce Autotech's Interest Expense for the six months ended in Sep. 2024 was ₹-11.6 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹33.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹228.0 Mil.

Emmforce Autotech'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*33.008/-11.594
=2.85

* 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.


Emmforce Autotech Business Description

Traded in Other Exchanges
N/A
Address
3 and 5 EPIP Phase I, Jharmajri, Baddi, Distt Solan, Solan, HP, IND, 173205
Emmforce Autotech Ltd is engaged in the business of manufacturing niche automotive drivetrain parts like Differential Housings, Differential Lockers, Differential Covers,4WD Locking Hubs, Spindles, Axles & Shafts, Gear Shifters, Yokes, Differential Spools, Differential Tools and various differential forged/cast parts mainly for 4-wheel Drive and performance racing vehicles.

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