Akzo Nobel India (NSE:AKZOINDIA) Interest Expense : ₹-125 Mil (TTM As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Akzo Nobel India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Akzo Nobel India's interest expense for the three months ended in Mar. 2024 was ₹ -32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-125 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. Akzo Nobel India's Operating Income for the three months ended in Mar. 2024 was ₹ 1,399 Mil. Akzo Nobel India's Interest Expense for the three months ended in Mar. 2024 was ₹ -32 Mil. Akzo Nobel India's Interest Coverage for the quarter that ended in Mar. 2024 was 43.72. 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.

Akzo Nobel India Interest Expense Historical Data

The historical data trend for Akzo Nobel India'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.

Akzo Nobel India Interest Expense Chart

Akzo Nobel India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-92.00

-100.00

-117.00

-141.00

-125.00

Akzo Nobel India Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-57.00	-34.00	-27.00	-32.00	-32.00

Akzo Nobel India 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-125 Mil.

Akzo Nobel India (NSE:AKZOINDIA) 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.

Akzo Nobel India's Interest Expense for the three months ended in Mar. 2024 was ₹-32 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹1,399 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹451 Mil.

Akzo Nobel India'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	*	1399	/	-32
	=	43.72

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

Akzo Nobel India (NSE:AKZOINDIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Akzo Nobel India Ltd (NSE:AKZOINDIA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

500710:India

Address

Golf Course Extension Road, 9th Floor, Magnum Towers, Sector 58, Gurugram, HR, IND, 122 011

Website

https://www.akzonobel.co.in

Akzo Nobel India Ltd manufactures and sells a variety of chemicals and coatings. The company organizes itself into only segments based on the product type. The coatings segment, which generates the vast majority of revenue, sells decorative paints under the Dulux brand and performance coatings for ships, cars, aircraft, and buildings. The vast majority of revenue comes from India.

Akzo Nobel India (NSE:AKZOINDIA) Headlines

No Headlines