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Best Agrolife (NSE:BESTAGRO) Interest Expense : ₹-633 Mil (TTM As of Sep. 2024)


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What is Best Agrolife Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Best Agrolife's interest expense for the three months ended in Sep. 2024 was ₹ -164 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-633 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. Best Agrolife's Operating Income for the three months ended in Sep. 2024 was ₹ 1,366 Mil. Best Agrolife's Interest Expense for the three months ended in Sep. 2024 was ₹ -164 Mil. Best Agrolife's Interest Coverage for the quarter that ended in Sep. 2024 was 8.32. 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.


Best Agrolife Interest Expense Historical Data

The historical data trend for Best Agrolife'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.

Best Agrolife Interest Expense Chart

Best Agrolife 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 -44.59 -28.22 -116.17 -347.84 -589.00

Best Agrolife Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -152.29 -193.40 -119.50 -156.33 -164.21

Best Agrolife 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 ₹-633 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.


Best Agrolife  (NSE:BESTAGRO) 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.

Best Agrolife's Interest Expense for the three months ended in Sep. 2024 was ₹-164 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₹1,366 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₹243 Mil.

Best Agrolife'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*1366.46/-164.21
=8.32

* 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.


Best Agrolife Business Description

Traded in Other Exchanges
Address
B-4, Bhagwan Dass Nagar, East Punjabi Bagh, New Delhi, IND, 110026
Best Agrolife Ltd operates in the agrochemical industry. The company's operating segment is the Trading of Agro-based products. The product range of the company includes Insecticides, Herbicides, Fungicides, Plant growth regulators, and others. The company sells its products in India.

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