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Chemcon Speciality Chemicals (NSE:CHEMCON) Interest Expense : ₹-40 Mil (TTM As of Sep. 2024)


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What is Chemcon Speciality Chemicals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Chemcon Speciality Chemicals's interest expense for the three months ended in Sep. 2024 was ₹ -9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-40 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. Chemcon Speciality Chemicals's Operating Income for the three months ended in Sep. 2024 was ₹ 60 Mil. Chemcon Speciality Chemicals's Interest Expense for the three months ended in Sep. 2024 was ₹ -9 Mil. Chemcon Speciality Chemicals's Interest Coverage for the quarter that ended in Sep. 2024 was 6.40. 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.

Chemcon Speciality Chemicals Interest Expense Historical Data

The historical data trend for Chemcon Speciality Chemicals'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.

Chemcon Speciality Chemicals Interest Expense Chart

Chemcon Speciality Chemicals Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial -33.68 -35.38 -5.40 -14.34 -34.55

Chemcon Speciality Chemicals 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 -7.26 -10.42 -10.10 -9.85 -9.33

Chemcon Speciality Chemicals 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 ₹-40 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.

Chemcon Speciality Chemicals  (NSE:CHEMCON) 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.

Chemcon Speciality Chemicals's Interest Expense for the three months ended in Sep. 2024 was ₹-9 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₹60 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₹3 Mil.

Chemcon Speciality Chemicals'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*59.705/-9.333
=6.40

* 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.

Chemcon Speciality Chemicals Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chemcon Speciality Chemicals Ltd (NSE:CHEMCON) » Definitions » Interest Expense
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Traded in Other Exchanges
543233:India
Address
Old Padra Road, Akshar Chowk, 9th Floor, Onyx Business Center, Vadodara, GJ, IND, 390020
Website
https://www.cscpl.com
Chemcon Speciality Chemicals Ltd manufactures specialized chemicals including Hexamethyldisilazane and Chloromethyl Isopropyl Carbonate, which are mainly used in the pharmaceutical industry. The company also produce inorganic bromides such as Calcium Bromide, Zinc Bromide, and Sodium Bromide, which are primarily used as completion fluids in the oilfields industry. The company's product lines include Oilfield Chemicals, Pharmaceutical Chemicals, Silanes, and Contract Manufacturing. It operates in India and internationally, with the majority of its revenue coming from India. In addition to the sale of products, the company also generates revenue from the sale of services.

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