Tolins Tyres (BOM:544254) Interest Expense : ₹-33 Mil (TTM As of Dec. 2024)

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What is Tolins Tyres Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tolins Tyres's interest expense for the three months ended in Dec. 2024 was ₹ -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-33 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. Tolins Tyres's Operating Income for the three months ended in Dec. 2024 was ₹ 120 Mil. Tolins Tyres's Interest Expense for the three months ended in Dec. 2024 was ₹ -6 Mil. Tolins Tyres's Interest Coverage for the quarter that ended in Dec. 2024 was 19.95. 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.

Tolins Tyres Interest Expense Historical Data

The historical data trend for Tolins Tyres'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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Tolins Tyres Interest Expense Chart

Tolins Tyres Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Interest Expense

-35.84

-40.33

-47.33

-91.50

Tolins Tyres Quarterly Data
	Mar21	Mar22	Mar23	Sep23	Dec23	Mar24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial			-28.99	-31.54	-3.00	-24.24	-6.01

Tolins Tyres 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 ₹-33 Mil.

Tolins Tyres (BOM:544254) 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.

Tolins Tyres's Interest Expense for the three months ended in Dec. 2024 was ₹-6 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹120 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Tolins Tyres'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	*	119.92	/	-6.01
	=	19.95

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

Tolins Tyres Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tolins Tyres Ltd (BOM:544254) » Definitions » Interest Expense

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TOLINS:India

Address

No. 1/47, M C Road, Kalady, Aluva, Ernakulam, KL, IND, 683574

Website

https://www.tolinstyres.com

Tolins Tyres Ltd is one of the companies that are present in both verticals - manufacturing of new tyres and tread rubber. The company is engaged in manufacturing of bias tyres for a comprehensive array of vehicles (including light commercial, agricultural and two/three-wheeler vehicles) and precured tread rubber and is also involved in the manufacturing of ancillary products like bonding gum, vulcanizing solution, tyre flaps and tubes.

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