Vraj Iron and Steel (BOM:544204) Interest Expense : ₹-7 Mil (TTM As of Dec. 2024)

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What is Vraj Iron and Steel Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vraj Iron and Steel's interest expense for the three months ended in Dec. 2024 was ₹ -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-7 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. Vraj Iron and Steel's Operating Income for the three months ended in Dec. 2024 was ₹ 96 Mil. Vraj Iron and Steel's Interest Expense for the three months ended in Dec. 2024 was ₹ -4 Mil. Vraj Iron and Steel's Interest Coverage for the quarter that ended in Dec. 2024 was 24.44. 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.

Vraj Iron and Steel Interest Expense Historical Data

The historical data trend for Vraj Iron and Steel'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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Vraj Iron and Steel Interest Expense Chart

Vraj Iron and Steel Annual Data

Trend

Mar21

Mar22

Mar23

Interest Expense

-59.82

-39.49

-29.89

Vraj Iron and Steel Quarterly Data
	Mar21	Mar22	Mar23	Sep23	Dec23	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial			-	-6.35	-7.06	-3.43	-3.94

Vraj Iron and Steel 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-7 Mil.

Vraj Iron and Steel (BOM:544204) 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.

Vraj Iron and Steel's Interest Expense for the three months ended in Dec. 2024 was ₹-4 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹96 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Vraj Iron and Steel's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	96.3	/	-3.94
	=	24.44

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

Vraj Iron and Steel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Vraj Iron and Steel Ltd (BOM:544204) » Definitions » Interest Expense

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Traded in Other Exchanges

VRAJ:India

Address

First Floor, Plot No 63 & 66, Ph No 113, Mother Teresa Ward No. 43, Jalvihar Colony, Raipur, CT, IND, 492001

Website

https://www.vrajtmt.in

Vraj Iron and Steel Ltd is engaged in the manufacturing & trading of Iron and Steel & Power. The company offers products such as Sponge Iron, TMT Bar, and MS Billets under the brand Vraj. The company generates the majority of its revenue from the sale of products.

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