Archean Chemical Industries (NSE:ACI) Interest Expense : ₹-70 Mil (TTM As of Sep. 2024)

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What is Archean Chemical Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Archean Chemical Industries's interest expense for the three months ended in Sep. 2024 was ₹ -32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-70 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. Archean Chemical Industries's Operating Income for the three months ended in Sep. 2024 was ₹ 553 Mil. Archean Chemical Industries's Interest Expense for the three months ended in Sep. 2024 was ₹ -32 Mil. Archean Chemical Industries's Interest Coverage for the quarter that ended in Sep. 2024 was 17.22. 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.

Archean Chemical Industries Interest Expense Historical Data

The historical data trend for Archean Chemical 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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Archean Chemical Industries Interest Expense Chart

Archean Chemical Industries Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

-1,214.96

-1,302.52

-1,608.87

-940.09

-69.21

Archean Chemical Industries Quarterly Data
	Mar20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial										-18.53	-18.95	-1.61	-17.01	-32.10

Archean Chemical 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-70 Mil.

Archean Chemical Industries (NSE:ACI) 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.

Archean Chemical Industries's Interest Expense for the three months ended in Sep. 2024 was ₹-32 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₹553 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₹1,450 Mil.

Archean Chemical Industries'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	*	552.561	/	-32.096
	=	17.22

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

Archean Chemical Industries Business Description

Industry

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Traded in Other Exchanges

543657:India

Address

No. 2, North Crescent Road, T Nagar, Chennai, TN, IND, 600017

Website

https://www.archeanchemicals.com

Archean Chemical Industries Ltd exporter of bromine and industrial salt. It is a specialty marine chemical manufacturer in India and is focused on producing and exporting bromine, industrial salt, and sulphate of potash to customers around the world. The company generates a majority of its revenue from overseas markets and the rest from India.