Gangotri Textiles (NSE:GANGOTRI) Interest Expense : ₹0.00 Mil (TTM As of Mar. 2024)

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What is Gangotri Textiles Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gangotri Textiles's interest expense for the three months ended in Mar. 2024 was ₹ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹0.00 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. Gangotri Textiles's Operating Income for the three months ended in Mar. 2024 was ₹ 0.56 Mil. Gangotri Textiles's Interest Expense for the three months ended in Mar. 2024 was ₹ 0.00 Mil. GuruFocus does not calculate Gangotri Textiles's interest coverage with the available data. 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.

Gangotri Textiles Interest Expense Historical Data

The historical data trend for Gangotri Textiles'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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Gangotri Textiles Interest Expense Chart

Gangotri Textiles Annual Data

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Interest Expense

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Gangotri Textiles Quarterly Data
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Gangotri Textiles 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 quarterly data reported by the company within the most recent 12 months, which was ₹0.00 Mil.

Gangotri Textiles (NSE:GANGOTRI) 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.

Gangotri Textiles's Interest Expense for the three months ended in Mar. 2024 was ₹0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹0.56 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹2,460.29 Mil.

Gangotri Textiles's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

GuruFocus does not calculate Gangotri Textiles's interest coverage with the available data.

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

Gangotri Textiles (NSE:GANGOTRI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Gangotri Textiles Ltd (NSE:GANGOTRI) » Definitions » Interest Expense

Traded in Other Exchanges

521176:India

Address

25-A, Venkatachalam Co-oprative Colony, R.S. Puram, Coimbatore, TN, IND, 641002

Website

https://www.gangotritextiles.co.in

Gangotri Textiles Ltd is an India based company engaged in the business of manufacturing cotton yarn and ready-made garments. The company's product range covers from yarns to finished textile products. It offers cotton yarn, garments, knitting and weaving applications, and fabrics for industrial fabrics.

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