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Aztec Fluids & Machinery (BOM:544177) Interest Expense : ₹-7.2 Mil (TTM As of Sep. 2024)


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What is Aztec Fluids & Machinery Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aztec Fluids & Machinery's interest expense for the six months ended in Sep. 2024 was ₹ -7.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-7.2 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. Aztec Fluids & Machinery's Operating Income for the six months ended in Sep. 2024 was ₹ 58.6 Mil. Aztec Fluids & Machinery's Interest Expense for the six months ended in Sep. 2024 was ₹ -7.2 Mil. Aztec Fluids & Machinery's Interest Coverage for the quarter that ended in Sep. 2024 was 8.11. 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.

Aztec Fluids & Machinery Interest Expense Historical Data

The historical data trend for Aztec Fluids & Machinery'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.

Aztec Fluids & Machinery Interest Expense Chart

Aztec Fluids & Machinery Annual Data
Trend Mar21 Mar22 Mar23
Interest Expense
-4.80 -3.20 -3.30

Aztec Fluids & Machinery Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Sep24
Interest Expense - - - -2.40 -7.23

Aztec Fluids & Machinery 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 ₹-7.2 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.

Aztec Fluids & Machinery  (BOM:544177) 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.

Aztec Fluids & Machinery's Interest Expense for the six months ended in Sep. 2024 was ₹-7.2 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹58.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹15.4 Mil.

Aztec Fluids & Machinery'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*58.64/-7.234
=8.11

* 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.

Aztec Fluids & Machinery Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aztec Fluids & Machinery Ltd (BOM:544177) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Near Krishnabag Four Road, Part H Plinth,4th Floor, Takshashila Square, Maninagar, Ahmedabad, GJ, IND, 380028
Website
https://www.aztecindia.org
Aztec Fluids & Machinery Ltd provides coding and marking solutions to a diverse range of industries such as personal care, food & beverages, pharmaceuticals, construction materials, cables, wires & pipes, metals, automotive & electronics, agrochemicals, chemicals & petrochemicals, etc. Its segments include Printers, Inks and Consumables, and Services and Support. Its product portfolio includes (i) printers such as continuous inkjet printers (CIJ), Thermal Transfer Over printers (TTO), Drop on demand printers (DOD), NIJ printers (i.e. piezoelectric printers), and laser printers (ii) printer inks and (iii) printer consumable items i.e. makeup and cleaning solvents.

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