GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Goa Carbon Ltd (NSE:GOACARBON) » Definitions » Interest Expense

Goa Carbon (NSE:GOACARBON) Interest Expense : ₹-238 Mil (TTM As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Goa Carbon Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Goa Carbon's interest expense for the three months ended in Mar. 2024 was ₹ -51 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-238 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. Goa Carbon's Operating Income for the three months ended in Mar. 2024 was ₹ 133 Mil. Goa Carbon's Interest Expense for the three months ended in Mar. 2024 was ₹ -51 Mil. Goa Carbon's Interest Coverage for the quarter that ended in Mar. 2024 was 2.59. 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.


Goa Carbon Interest Expense Historical Data

The historical data trend for Goa Carbon'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.

Goa Carbon Interest Expense Chart

Goa Carbon Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -49.73 -43.14 -63.98 -462.34 -238.21

Goa Carbon Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -140.52 -96.80 -53.08 -37.13 -51.21

Goa Carbon 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 ₹-238 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.


Goa Carbon  (NSE:GOACARBON) 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.

Goa Carbon's Interest Expense for the three months ended in Mar. 2024 was ₹-51 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹133 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹71 Mil.

Goa Carbon'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*132.517/-51.214
=2.59

* 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.


Goa Carbon (NSE:GOACARBON) Business Description

Traded in Other Exchanges
Address
Dempo House, Campal, Panaji, GA, IND, 403001
Goa Carbon Ltd is engaged in the business of manufacturing and marketing Calcined Petroleum Coke (CPC). The company is a regular supplier to aluminum smelters, graphite electrodes, and titanium Dioxide manufacturers, as well as other users in the metallurgical and chemical industries. The company is based in India.

Goa Carbon (NSE:GOACARBON) Headlines

No Headlines