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Aksh Optifibre (NSE:AKSHOPTFBR) Interest Expense : ₹-117 Mil (TTM As of Sep. 2024)


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What is Aksh Optifibre Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aksh Optifibre's interest expense for the three months ended in Sep. 2024 was ₹ -22 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-117 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. Aksh Optifibre's Operating Income for the three months ended in Sep. 2024 was ₹ -71 Mil. Aksh Optifibre's Interest Expense for the three months ended in Sep. 2024 was ₹ -22 Mil. Aksh Optifibre did not have earnings to cover the interest expense. 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.


Aksh Optifibre Interest Expense Historical Data

The historical data trend for Aksh Optifibre'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.

Aksh Optifibre Interest Expense Chart

Aksh Optifibre Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -274.41 -253.72 -233.44 -172.24 -141.70

Aksh Optifibre Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -38.43 -33.80 -28.02 -33.40 -22.17

Aksh Optifibre 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 ₹-117 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.


Aksh Optifibre  (NSE:AKSHOPTFBR) 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.

Aksh Optifibre's Interest Expense for the three months ended in Sep. 2024 was ₹-22 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₹-71 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₹156 Mil.

Aksh Optifibre's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Aksh Optifibre did not have earnings to cover the interest expense.

* 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.


Aksh Optifibre Business Description

Traded in Other Exchanges
Address
Mathura Road, A-32, 2nd Floor, Mohan Co-operative Industrial Estate, New Delhi, IND, 110044
Aksh Optifibre Ltd engages in the manufacture and sale of optical fiber, optical fiber cable, fiber-reinforced plastic rods, impregnated glass roving reinforcement, and ophthalmic lenses. The company also offers various services, which include Duct Cables, Armoured, FTTH solutions, and networking. The company operates through Manufacturing and Services segments. The company also provides Internet Protocol Television services in association with MTNL in the cities of Delhi and Mumbai, and IPTV services with BSNL in cities of North India. The Manufacturing segment generates the majority of the firm's revenue.

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