Goodluck India (NSE:GOODLUCK) Interest Expense : ₹-682 Mil (TTM As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Goodluck India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Goodluck India's interest expense for the three months ended in Mar. 2024 was ₹ -60 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-682 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. Goodluck India's Operating Income for the three months ended in Mar. 2024 was ₹ 403 Mil. Goodluck India's Interest Expense for the three months ended in Mar. 2024 was ₹ -60 Mil. Goodluck India's Interest Coverage for the quarter that ended in Mar. 2024 was 6.75. 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.

Goodluck India Interest Expense Historical Data

The historical data trend for Goodluck 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.

Goodluck India Interest Expense Chart

Goodluck India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-554.31

-501.52

-511.18

-586.68

-681.60

Goodluck India 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															-84.32	-219.15	-192.03	-210.75	-59.67

Goodluck 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 quarterly data reported by the company within the most recent 12 months, which was ₹-682 Mil.

Goodluck India (NSE:GOODLUCK) 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.

Goodluck India's Interest Expense for the three months ended in Mar. 2024 was ₹-60 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹403 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹1,002 Mil.

Goodluck 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	*	403.02	/	-59.669
	=	6.75

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

Goodluck India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Goodluck India Ltd (NSE:GOODLUCK) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

530655:India

Address

Ambedkar Road, Goodluck House, II - F, 166-167, Nehru Nagar, Ghaziabad, UP, IND, 201001

Website

https://www.goodluckindia.com

Goodluck India Ltd is engaged in the manufacturing and sale of iron and steel products. It manufactures and sells engineering products such as heavy engineered structures, transmission and distribution towers, CDW Tubes, Precision Tubes, Pipes, Sheets and Forged engineering products. The group has a business presence in India and Outside India, of which key revenue is derived from India.

Goodluck India Headlines

No Headlines