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Raymond Lifestyle (BOM:544240) Interest Expense : ₹-1,907 Mil (TTM As of Sep. 2024)


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What is Raymond Lifestyle Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Raymond Lifestyle's interest expense for the six months ended in Sep. 2024 was ₹ -995 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-1,907 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. Raymond Lifestyle's Operating Income for the six months ended in Sep. 2024 was ₹ 1,237 Mil. Raymond Lifestyle's Interest Expense for the six months ended in Sep. 2024 was ₹ -995 Mil. Raymond Lifestyle's Interest Coverage for the quarter that ended in Sep. 2024 was 1.24. 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.


Raymond Lifestyle Interest Expense Historical Data

The historical data trend for Raymond Lifestyle'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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Raymond Lifestyle Interest Expense Chart

Raymond Lifestyle Annual Data
Trend Mar22 Mar23 Mar24
Interest Expense
-11.36 -10.17 -1,956.90

Raymond Lifestyle Semi-Annual Data
Mar22 Mar23 Sep23 Mar24 Sep24
Interest Expense - - -1,045.70 -911.20 -995.40

Raymond Lifestyle 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 ₹-1,907 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.


Raymond Lifestyle  (BOM:544240) 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.

Raymond Lifestyle's Interest Expense for the six months ended in Sep. 2024 was ₹-995 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹1,237 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹9,633 Mil.

Raymond Lifestyle'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*1236.8/-995.4
=1.24

* 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.


Raymond Lifestyle Business Description

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Traded in Other Exchanges
Address
Narottam Morarjee Marg, Raymond Limited, New Hind House, Ballard Estate, Mumbai, MH, IND, 400001
Raymond Lifestyle Ltd is engaged in the textile and business business. The company's business activities offer premium fabrics, apparel, suiting, shirting, garments, custom tailoring, and other services. The brands under the company's name are Park Avenue, ColourPlus, ethnix, parx, and others.

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