Treet Battery (KAR:TBL) Interest Expense : ₨ Mil (TTM As of Mar. 2024)

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What is Treet Battery Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Treet Battery's interest expense for the three months ended in Mar. 2024 was ₨ -274 Mil. Treet Battery does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Mar. 2024.

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. Treet Battery's Operating Income for the three months ended in Mar. 2024 was ₨ 209 Mil. Treet Battery's Interest Expense for the three months ended in Mar. 2024 was ₨ -274 Mil. Treet Battery's Interest Coverage for the quarter that ended in Mar. 2024 was 0.76. 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.

Treet Battery Interest Expense Historical Data

The historical data trend for Treet Battery'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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Treet Battery Interest Expense Chart

Treet Battery Annual Data

Trend

Interest Expense

Treet Battery Quarterly Data
	Mar23	Mar24
Interest Expense	-	-274.09

Treet Battery Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Treet Battery (KAR:TBL) 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.

Treet Battery's Interest Expense for the three months ended in Mar. 2024 was ₨-274 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₨209 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₨8 Mil.

Treet Battery's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	209.089	/	-274.09
	=	0.76

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Treet Battery Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Treet Battery (KAR:TBL) Business Description

Industry

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Address

Website

https://www.treetcorp.com

Treet Battery Ltd is a company which carries out business as manufacturers, assemblers, processors, producers, suppliers, sellers, importers, exporters, makers, fabricators and dealers in all batteries including but not limited to lead acid batteries, deep cycle batteries, lithium batteries, nickel cadmimum batteries, nickel metal hydride batteries, absorbed glass mat batteries, Gel batteries used in or required for industrial, transport, commercial and domestic and any other purpose.

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