Electro Force (India) (NSE:EFORCE) Interest Expense : ₹-4.7 Mil (TTM As of Mar. 2024)

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What is Electro Force (India) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Electro Force (India)'s interest expense for the six months ended in Mar. 2024 was ₹ -4.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-4.7 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. Electro Force (India)'s Operating Income for the six months ended in Mar. 2024 was ₹ -12.4 Mil. Electro Force (India)'s Interest Expense for the six months ended in Mar. 2024 was ₹ -4.6 Mil. Electro Force (India) did not have earnings to cover the interest expense. 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.

Electro Force (India) Interest Expense Historical Data

The historical data trend for Electro Force (India)'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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Electro Force (India) Interest Expense Chart

Electro Force (India) Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Interest Expense

-0.62

-0.14

-3.53

-4.61

Electro Force (India) Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24
Interest Expense	-	-	-	-0.08	-4.61

Electro Force (India) 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 ₹-4.7 Mil.

Electro Force (India) (NSE:EFORCE) 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.

Electro Force (India)'s Interest Expense for the six months ended in Mar. 2024 was ₹-4.6 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹-12.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹0.0 Mil.

Electro Force (India)'s Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Electro Force (India) did not have earnings to cover the interest expense.

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

Electro Force (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Electro Force (India) Ltd (NSE:EFORCE) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

39/5, Mauje Waliv Vasai (East), Taluka - Vasai East, District - Palghar, Thane, MH, IND, 401 208

Website

https://www.electroforceindia.com

Electro Force (India) Ltd is engaged in designing and manufacturing precision sheet metal components, plastic injection moldings, and related assemblies. It includes product designing, prototyping, and process development for precision sheet metal components & plastic products & assemblies for the electrical & switchgear industry. The Company conducts its business in only one Geographical Segment which is India.

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