Eon Electric (NSE:EON) Interest Expense: ₹-62.4 Mil (TTM As of Dec. 2019)

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NSE:EON Eon Electric Ltd NSE:EON
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What is Eon Electric Interest Expense?

Eon Electric NSE:EON 4 Interest Expense is ₹-62.4 Mil as of Dec. 2019. GuruFocus rates NSE:EON with a GF Score™ of 4/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Eon Electric's interest expense for the three months ended in Dec. 2019 was ₹ -16.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2019 was ₹-62.4 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. Eon Electric's Operating Income for the three months ended in Dec. 2019 was ₹ -224.5 Mil. Eon Electric's Interest Expense for the three months ended in Dec. 2019 was ₹ -16.1 Mil. Eon Electric 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.


Eon Electric  (NSE:EON) 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.

Eon Electric's Interest Expense for the three months ended in Dec. 2019 was ₹-16.1 Mil. Its Operating Income for the three months ended in Dec. 2019 was ₹-224.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2019 was ₹0.0 Mil.

Eon Electric's Interest Coverage for the quarter that ended in Dec. 2019 is calculated as

Eon Electric did not have earnings to cover the interest expense.

* 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.


Eon Electric Interest Expense Historical Data

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The historical data trend for Eon Electric'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.

Eon Electric Interest Expense Chart

Eon Electric Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -70.74 -80.93 -81.67 -99.84 -95.09

Eon Electric Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Mar17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 -22.41 -11.30 -19.41 -15.55 -16.15
NSE:EON
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Eon Electric Ltd NSE:EON
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Eon Electric 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-62.4 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ₹-62.4 Mil mean?
Eon Electric (NSE:EON) has a Interest Expense of ₹-62.4 Mil as of Dec. 2019. Interest Expense is the amount a company pays on its long-term debt. View historical data on Eon Electric and its competitors.
Is Eon Electric's Interest Expense too high?
Eon Electric's current Interest Expense is ₹-62.4 Mil. Overall, Eon Electric has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Eon Electric's Interest Expense compare to HON and MMM?
Eon Electric's Interest Expense of ₹-62.4 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Industrial Products company?
A good Interest Expense depends on the Industrial Products industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Eon Electric and its competitors. Eon Electric's current Interest Expense is ₹-62.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eon Electric stock overvalued right now?
Eon Electric (NSE:EON) has a current Interest Expense of ₹-62.4 Mil. The current Interest Expense is ₹-62.4 Mil. Eon Electric's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Eon Electric (NSE:EON), the current Interest Expense is ₹-62.4 Mil as of Dec. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Eon Electric Business Description

Address Hosiery Complex, C-81, 2nd Floor, Phase 2, Noida, UP, IND, 201305
Eon Electric Ltd manufactures electrical switchgear, lighting equipment, and cables. It engages in the manufacturing and marketing of wires and cables, lighting products and LED Lights. It operates its business through the following segments: Cable and Wires, Lighting, Electrical Consumer Durables, and Others. The Cable and Wires segment includes wires and cables. The Lighting segment includes compact fluorescent lamps, fluorescent tube lights, and luminaires etc. The Electrical Consumer Durables segment includes Fans, Water Heaters etc. The Others segment includes modular switches, wiring accessories, home automation, fans, lithium-ion batteries, mobile phone accessories. Its Lighting segment acts as a core revenue driver for the firm.
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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