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Foce India (NSE:FOCE) Interest Expense : ₹-6.0 Mil (TTM As of Mar. 2024)


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What is Foce India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Foce India's interest expense for the six months ended in Mar. 2024 was ₹ -6.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-6.0 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. Foce India's Operating Income for the six months ended in Mar. 2024 was ₹ 198.8 Mil. Foce India's Interest Expense for the six months ended in Mar. 2024 was ₹ -6.0 Mil. Foce India's Interest Coverage for the quarter that ended in Mar. 2024 was 33.05. 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.


Foce India Interest Expense Historical Data

The historical data trend for Foce 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.

* Premium members only.

Foce India Interest Expense Chart

Foce India Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial -0.01 -0.02 -0.04 -4.84 -6.02

Foce India Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only -0.04 - -4.84 - -6.02

Foce 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 ₹-6.0 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.


Foce India  (NSE:FOCE) 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.

Foce India's Interest Expense for the six months ended in Mar. 2024 was ₹-6.0 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹198.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹0.0 Mil.

Foce India'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*198.84/-6.016
=33.05

* 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.


Foce India Business Description

Traded in Other Exchanges
N/A
Address
4, Kingston, Shastri Nagar, Lokhandwala Complex, Andheri (West), Mumbai, MH, IND, 400053
Foce India Ltd is engaged in the business of supply, distribution, and retailing of various types of wristwatches such as Analog, Digital, Chronograph, Designer and Man's accessories. The company geographically operates within India.

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