Bansal Wire Industries (BOM:544209) Interest Expense : ₹-192 Mil (TTM As of Dec. 2024)

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What is Bansal Wire Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bansal Wire Industries's interest expense for the three months ended in Dec. 2024 was ₹ -69 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-192 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. Bansal Wire Industries's Operating Income for the three months ended in Dec. 2024 was ₹ 639 Mil. Bansal Wire Industries's Interest Expense for the three months ended in Dec. 2024 was ₹ -69 Mil. Bansal Wire Industries's Interest Coverage for the quarter that ended in Dec. 2024 was 9.22. 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.

Bansal Wire Industries Interest Expense Historical Data

The historical data trend for Bansal Wire Industries'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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Bansal Wire Industries Interest Expense Chart

Bansal Wire Industries Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Interest Expense

-195.27

-247.46

-219.18

-261.00

Bansal Wire Industries Quarterly Data
	Mar21	Mar22	Mar23	Sep23	Dec23	Mar24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial			-62.58	-70.16	-67.46	-55.02	-69.34

Bansal Wire Industries 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 ₹-192 Mil.

Bansal Wire Industries (BOM:544209) 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.

Bansal Wire Industries's Interest Expense for the three months ended in Dec. 2024 was ₹-69 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹639 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Bansal Wire Industries'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	*	639.25	/	-69.34
	=	9.22

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

Bansal Wire Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Bansal Wire Industries Ltd (BOM:544209) » Definitions » Interest Expense

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Traded in Other Exchanges

BANSALWIRE:India

Address

Main Road, F-3, Shastri Nagar, Delhi, IND, 110052

Website

https://www.bansalwire.com

Bansal Wire Industries Ltd is a stainless steel wire manufacturing company. Its products include high-carbon steel wire, mild steel wire (low-carbon steel wire), and stainless steel wire. The company has two reporting segments; Manufacturing & Sales and Job Work. Key revenue is generated from the Manufacturing & Sales segment.

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