Ducol Organics And Colours (NSE:DUCOL) Interest Expense : ₹-17.8 Mil (TTM As of Mar. 2024)

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What is Ducol Organics And Colours Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ducol Organics And Colours's interest expense for the six months ended in Mar. 2024 was ₹ -10.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-17.8 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. Ducol Organics And Colours's Operating Income for the six months ended in Mar. 2024 was ₹ 24.1 Mil. Ducol Organics And Colours's Interest Expense for the six months ended in Mar. 2024 was ₹ -10.0 Mil. Ducol Organics And Colours's Interest Coverage for the quarter that ended in Mar. 2024 was 2.41. 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.

Ducol Organics And Colours Interest Expense Historical Data

The historical data trend for Ducol Organics And Colours'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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Ducol Organics And Colours Interest Expense Chart

Ducol Organics And Colours Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

-27.33

-29.04

-26.77

-18.07

-17.83

Ducol Organics And Colours Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial			-	-9.83	-8.24	-7.85	-9.98

Ducol Organics And Colours 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-17.8 Mil.

Ducol Organics And Colours (NSE:DUCOL) 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.

Ducol Organics And Colours's Interest Expense for the six months ended in Mar. 2024 was ₹-10.0 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹24.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹59.5 Mil.

Ducol Organics And Colours's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	24.061	/	-9.983
	=	2.41

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

Ducol Organics And Colours (NSE:DUCOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ducol Organics And Colours Ltd (NSE:DUCOL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 22/2, Taloja, Taluka Panvel, Raigad, MH, IND

Website

https://www.ducol.com

Ducol Organics And Colours Ltd is engaged in the business of manufacturing and selling pigment dispersions, preparations, concentrates, paste colorants, and masterbatches. The company offers a range of pigment dispersions for various industries like Paints, Inks, Textiles, Detergent, Paper, Rubber, and Plastics. color solutions for various industries like paints, ink, textiles, rubber, plastic, leather, paper, soaps, detergents, and FMCG.

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