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Greenchef Appliances (NSE:GREENCHEF) Interest Expense : ₹-52 Mil (TTM As of Mar. 2024)


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What is Greenchef Appliances Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Greenchef Appliances's interest expense for the six months ended in Mar. 2024 was ₹ -52 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-52 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. Greenchef Appliances's Operating Income for the six months ended in Mar. 2024 was ₹ 109 Mil. Greenchef Appliances's Interest Expense for the six months ended in Mar. 2024 was ₹ -52 Mil. Greenchef Appliances's Interest Coverage for the quarter that ended in Mar. 2024 was 2.08. 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.

Greenchef Appliances Interest Expense Historical Data

The historical data trend for Greenchef Appliances'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.

Greenchef Appliances Interest Expense Chart

Greenchef Appliances Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
-42.74 -34.91 -48.84 -48.00 -52.10

Greenchef Appliances Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense -42.74 -34.91 -48.84 -48.00 -52.10

Greenchef Appliances Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-52 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.

Greenchef Appliances  (NSE:GREENCHEF) 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.

Greenchef Appliances's Interest Expense for the six months ended in Mar. 2024 was ₹-52 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹109 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹252 Mil.

Greenchef Appliances'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*108.6/-52.1
=2.08

* 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.

Greenchef Appliances Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Greenchef Appliances Ltd (NSE:GREENCHEF) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Niduvanda Village, Sompura Hobli, Plot No. 246, Sompura 1st Stage, Sy No. 133 & 141, Nelemangala Taluk Devarahosahalli Nelamangala, Bengaluru, KA, IND, 562111
Website
https://www.greenchef.in
Greenchef Appliances Ltd is engaged in the business of manufacturing and marketing a wide range of kitchen appliances under the brand name Greenchef. The kitchen appliances of the company include a wide range of solutions comprising Gas Stoves, Pressure Cookers, Mixer Grinders, Wet Grinders, Electric Rice Cooker, Induction Cooktops, Non-stick Cookwares like Tawa, Fry Pans, Kadai, Biriyani Pot, Tadka Pan, Paniyarakkal, Appamchetty, etc, Kettles, Hose Pipes, Gas Cylinder Trolley and others. The products of the company are offered at different pricing points to meet diverse customer requirements.

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