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Avalon Technologies (NSE:AVALON) Interest Expense : ₹-93 Mil (TTM As of Sep. 2024)


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What is Avalon Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Avalon Technologies's interest expense for the three months ended in Sep. 2024 was ₹ -37 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-93 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. Avalon Technologies's Operating Income for the three months ended in Sep. 2024 was ₹ 233 Mil. Avalon Technologies's Interest Expense for the three months ended in Sep. 2024 was ₹ -37 Mil. Avalon Technologies's Interest Coverage for the quarter that ended in Sep. 2024 was 6.22. 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.


Avalon Technologies Interest Expense Historical Data

The historical data trend for Avalon Technologies'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.

Avalon Technologies Interest Expense Chart

Avalon Technologies Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
-303.07 -191.33 -152.07 -209.94 -101.41

Avalon Technologies Quarterly Data
Mar20 Mar21 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 -32.37 -36.32 23.37 -42.20 -37.38

Avalon Technologies 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 ₹-93 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.


Avalon Technologies  (NSE:AVALON) 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.

Avalon Technologies's Interest Expense for the three months ended in Sep. 2024 was ₹-37 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₹233 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₹698 Mil.

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

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*232.6/-37.38
=6.22

* 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.


Avalon Technologies Business Description

Traded in Other Exchanges
Address
B-7, First Main Road, MEPZ, Tambaram, Chennai, TN, IND, 600 045
Avalon Technologies Ltd is a fully integrated electronic manufacturing services company. It is engaged in providing Electronics Manufacturing Services (EMS) with capabilities in printed circuit board assembly, custom cable and wire harnesses, etc. Geographically the company generates the majority of its revenue from India.

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