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Atmastco (NSE:ATMASTCO) Interest Expense : ₹-88 Mil (TTM As of Mar. 2024)


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What is Atmastco Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Atmastco's interest expense for the six months ended in Mar. 2024 was ₹ -88 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-88 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. Atmastco's Operating Income for the six months ended in Mar. 2024 was ₹ 344 Mil. Atmastco's Interest Expense for the six months ended in Mar. 2024 was ₹ -88 Mil. Atmastco's Interest Coverage for the quarter that ended in Mar. 2024 was 3.90. 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.


Atmastco Interest Expense Historical Data

The historical data trend for Atmastco'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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Atmastco Interest Expense Chart

Atmastco Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Interest Expense
-66.14 -78.40 -63.89 -88.14

Atmastco Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Interest Expense -66.14 -78.40 -63.89 -88.14

Atmastco 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 ₹-88 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.


Atmastco  (NSE:ATMASTCO) 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.

Atmastco's Interest Expense for the six months ended in Mar. 2024 was ₹-88 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹344 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹246 Mil.

Atmastco'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*343.77/-88.137
=3.90

* 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.


Atmastco Business Description

Traded in Other Exchanges
N/A
Address
Nandini Road, 157-158, Light Industrial Area, Opp. Karuna Hospital, Durg, Bhilai, CT, IND, 490026
Atmastco Ltd is engaged in the business of executing turnkey/engineering procurement and construction company (EPC) contracts in ferrous and non-ferrous sector and providing end-to-end solutions offering multi-disciplinary services and project management solutions. It is also into design, manufacturing and supply of precision equipment's and heavy fabrication structures for various industrial use and other incomes such as Ceiling Girder, Railway Girder, Columns & Bracings, Bolted Structures, Equipment's and Pressure ducts, Box Columns etc.

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