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Agni Green Power (NSE:AGNI) Interest Expense : ₹-14.1 Mil (TTM As of Sep. 2023)


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What is Agni Green Power Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Agni Green Power's interest expense for the six months ended in Sep. 2023 was ₹ -8.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₹-14.1 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. Agni Green Power's Operating Income for the six months ended in Sep. 2023 was ₹ 8.3 Mil. Agni Green Power's Interest Expense for the six months ended in Sep. 2023 was ₹ -8.0 Mil. Agni Green Power's Interest Coverage for the quarter that ended in Sep. 2023 was 1.04. 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.


Agni Green Power Interest Expense Historical Data

The historical data trend for Agni Green Power'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.

* Premium members only.

Agni Green Power Interest Expense Chart

Agni Green Power Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
-5.99 -7.80 -12.91 -11.16 -15.03

Agni Green Power Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Interest Expense Get a 7-Day Free Trial -3.38 -7.78 -8.89 -6.14 -7.99

Agni Green Power 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-14.1 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.


Agni Green Power  (NSE:AGNI) 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.

Agni Green Power's Interest Expense for the six months ended in Sep. 2023 was ₹-8.0 Mil. Its Operating Income for the six months ended in Sep. 2023 was ₹8.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was ₹63.8 Mil.

Agni Green Power's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*8.304/-7.994
=1.04

* 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.


Agni Green Power (NSE:AGNI) Business Description

Traded in Other Exchanges
N/A
Address
114, Rajdanga Gold Park, Piyali Apartment, 1st Floor, South Parganas, Kolkata, WB, IND, 700107
Agni Green Power Ltd is engaged in the business of executing turn-key solar PV power plant projects. It also involves of manufacture, sale and installation of solar photovoltaic power plants, solar lamps, solar power conditioning units and other solar products like charge controller, solar pump controller, solar adaptors, solar generators, junction boxes etc. The Company's product categories consist of Lighting Systems, Power Conditioning Units, Solar MPPT Chargers, Balance Of Systems (BOS), Solarizer (Solar Adaptor), Solar Pumps and Remote Monitoring System.

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