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Balmer Lawrie (NSE:BALMLAWRIE) Interest Expense : ₹-196 Mil (TTM As of Dec. 2024)


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What is Balmer Lawrie Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Balmer Lawrie's interest expense for the three months ended in Dec. 2024 was ₹ -93 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-196 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. Balmer Lawrie's Operating Income for the three months ended in Dec. 2024 was ₹ 686 Mil. Balmer Lawrie's Interest Expense for the three months ended in Dec. 2024 was ₹ -93 Mil. Balmer Lawrie's Interest Coverage for the quarter that ended in Dec. 2024 was 7.40. 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.


Balmer Lawrie Interest Expense Historical Data

The historical data trend for Balmer Lawrie'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.

Balmer Lawrie Interest Expense Chart

Balmer Lawrie 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 -134.28 -110.21 -122.06 -128.43 -153.43

Balmer Lawrie Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -54.50 8.94 -61.23 -50.67 -92.72

Balmer Lawrie 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-196 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.


Balmer Lawrie  (NSE:BALMLAWRIE) 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.

Balmer Lawrie's Interest Expense for the three months ended in Dec. 2024 was ₹-93 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹686 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Balmer Lawrie's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*685.826/-92.724
=7.40

* 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.


Balmer Lawrie Business Description

Traded in Other Exchanges
Address
21, Netaji Subhas Road, Kolkata, WB, IND, 700001
Balmer Lawrie & Co Ltd operates through various segments namely Industrial Packaging, Logistics Infrastructure, Logistic Services, Travel and Vacations, Greases and Lubricants, and Others. The company generates a majority of its revenue from the Industrial Packaging segment followed by the Greases and Lubricants segment.

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