Deepak Nitrite (NSE:DEEPAKNTR) Interest Expense : ₹-226 Mil (TTM As of Dec. 2024)

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What is Deepak Nitrite Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Deepak Nitrite's interest expense for the three months ended in Dec. 2024 was ₹ -61 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-226 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. Deepak Nitrite's Operating Income for the three months ended in Dec. 2024 was ₹ 1,203 Mil. Deepak Nitrite's Interest Expense for the three months ended in Dec. 2024 was ₹ -61 Mil. Deepak Nitrite's Interest Coverage for the quarter that ended in Dec. 2024 was 19.69. 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.

Deepak Nitrite Interest Expense Historical Data

The historical data trend for Deepak Nitrite'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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Deepak Nitrite Interest Expense Chart

Deepak Nitrite Annual Data

Trend

Mar15

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Mar24

Interest Expense

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-1,126.30

-741.00

-340.40

-247.80

-118.30

Deepak Nitrite 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															-29.30	-44.10	-57.50	-63.00	-61.10

Deepak Nitrite 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 ₹-226 Mil.

Deepak Nitrite (NSE:DEEPAKNTR) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Deepak Nitrite's Interest Expense for the three months ended in Dec. 2024 was ₹-61 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹1,203 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Deepak Nitrite'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	*	1203.2	/	-61.1
	=	19.69

The higher the ratio, the stronger the company's financial strength is.

Deepak Nitrite Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Deepak Nitrite Ltd (NSE:DEEPAKNTR) » Definitions » Interest Expense

Traded in Other Exchanges

506401:India

Address

Alembic Avenue Road, 2nd Floor, Fermenter House, Alembic City, Vadodara, GJ, IND, 390003

Website

https://www.godeepak.com

Deepak Nitrite Ltd is a chemical manufacturing company. The company has two business segments; Advanced Intermediates, and Phenolics. Maximum revenue is generated from the Phenolics segment which manufactures chemicals like Cumene, Phenol, Acetone, Isopropyl Alcohol, and Alpha Methyl Styrene (AMS) among others. The chemicals are used in various industries such as Laminate & Plywood, Automotive, Construction, Pharmaceuticals, Adhesives, Sanitisers, and others. Geographically, the company derives its maximum revenue from India and the rest from other countries through exports.

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