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Aprameya Engineering (NSE:APRAMEYA) Interest Expense : ₹-16.9 Mil (TTM As of Mar. 2024)


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What is Aprameya Engineering Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aprameya Engineering's interest expense for the six months ended in Mar. 2024 was ₹ -16.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-16.9 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. Aprameya Engineering's Operating Income for the six months ended in Mar. 2024 was ₹ 62.5 Mil. Aprameya Engineering's Interest Expense for the six months ended in Mar. 2024 was ₹ -16.9 Mil. Aprameya Engineering's Interest Coverage for the quarter that ended in Mar. 2024 was 3.70. 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.

Aprameya Engineering Interest Expense Historical Data

The historical data trend for Aprameya Engineering'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.

Aprameya Engineering Interest Expense Chart

Aprameya Engineering Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
-7.58 -7.42 -8.03 -13.85 -16.87

Aprameya Engineering Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense -7.58 -7.42 -8.03 -13.85 -16.87

Aprameya Engineering Interest Expense Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-16.9 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.

Aprameya Engineering  (NSE:APRAMEYA) 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.

Aprameya Engineering's Interest Expense for the six months ended in Mar. 2024 was ₹-16.9 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹62.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹123.5 Mil.

Aprameya Engineering'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*62.496/-16.872
=3.70

* 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.

Aprameya Engineering Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Aprameya Engineering Ltd (NSE:APRAMEYA) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
908, 9th Floor, Venus Atlantis Corporate Park, Anandnagar, Prahladnagar, Ahmedabad, GJ, IND, 380015
Website
https://www.aelhealth.com
Aprameya Engineering Ltd is engaged in the business of installation, set up & maintenance of Intensive Care Units ("ICU"), Neonatal Intensive Care Units ("NICU"), Pediatric Intensive Care Units ("PICU"), Operation Theatre, dialysis centres and prefabricated structure ward (hereinafter referred to as "Healthcare Infrastructure projects") in the hospitals and medical care centers on turnkey basis with the supply of high-value healthcare equipment and diagnostic equipment to private hospitals, Government hospitals, and medical practitioners. The company has two Business segments: Trading of Medical support Equipment (Trading Sales) and Supplies for Infra Projects for health care sectors (Turnkey project supplies). Key revenue is generated from Trunkey Project Supply.

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