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Kizi Apparels (BOM:544221) Interest Expense : ₹-6.0 Mil (TTM As of Sep. 2024)


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What is Kizi Apparels Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kizi Apparels's interest expense for the six months ended in Sep. 2024 was ₹ -3.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-6.0 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. Kizi Apparels's Operating Income for the six months ended in Sep. 2024 was ₹ 9.1 Mil. Kizi Apparels's Interest Expense for the six months ended in Sep. 2024 was ₹ -3.4 Mil. Kizi Apparels's Interest Coverage for the quarter that ended in Sep. 2024 was 2.64. 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.


Kizi Apparels Interest Expense Historical Data

The historical data trend for Kizi Apparels'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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Kizi Apparels Interest Expense Chart

Kizi Apparels Annual Data
Trend Mar22 Mar23 Mar24
Interest Expense
-1.97 -3.46 -4.93

Kizi Apparels Semi-Annual Data
Mar22 Mar23 Sep23 Mar24 Sep24
Interest Expense - - -2.38 -2.55 -3.44

Kizi Apparels 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 ₹-6.0 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.


Kizi Apparels  (BOM:544221) 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.

Kizi Apparels's Interest Expense for the six months ended in Sep. 2024 was ₹-3.4 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹9.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹13.8 Mil.

Kizi Apparels'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*9.068/-3.44
=2.64

* 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.


Kizi Apparels Business Description

Traded in Other Exchanges
N/A
Address
H- 629 Phase - II RIICO IND Area Sitapura, Sitapura Industrial Area, Sanganer, Jaipur, RJ, IND, 302022
Kizi Apparels Ltd is engaged in the business of trading and manufacturing of Garments business on wholesale as well as retail basis. It sells its garments through own Showrooms, distributors malls, and online platforms.

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