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Heranba Industries (NSE:HERANBA) Interest Expense : ₹-164 Mil (TTM As of Sep. 2024)


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What is Heranba Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Heranba Industries's interest expense for the three months ended in Sep. 2024 was ₹ -60 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-164 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. Heranba Industries's Operating Income for the three months ended in Sep. 2024 was ₹ 459 Mil. Heranba Industries's Interest Expense for the three months ended in Sep. 2024 was ₹ -60 Mil. Heranba Industries's Interest Coverage for the quarter that ended in Sep. 2024 was 7.69. 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.

Heranba Industries Interest Expense Historical Data

The historical data trend for Heranba Industries'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.

Heranba Industries Interest Expense Chart

Heranba Industries 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 -88.36 -53.97 -40.75 -64.00 -103.20

Heranba Industries Quarterly Data
Mar19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -21.30 -26.60 -32.10 -45.30 -59.60

Heranba Industries 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-164 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.

Heranba Industries  (NSE:HERANBA) 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.

Heranba Industries's Interest Expense for the three months ended in Sep. 2024 was ₹-60 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₹459 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₹428 Mil.

Heranba Industries's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*458.5/-59.6
=7.69

* 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.

Heranba Industries Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Heranba Industries Ltd (NSE:HERANBA) » Definitions » Interest Expense
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Traded in Other Exchanges
543266:India
Address
Fortune Avirahi, Jambli Galli, Jain Derasar Lane, 2nd Floor, A Wing, Boarivali (West), Mumbai, MH, IND, 400092
Website
https://www.heranba.co.in
Heranba Industries Ltd is a crop protection chemical manufacturer. It is a producer of synthetic pyrethroids like cypermethrin, deltamethrin, lambda-cyhalothrin and others. , The Company has a single operating segment of Agro chemicals. Further, it manufactures different types of pesticides including Insecticides, Fungicides, Herbicides, and other pest control products. It sells the products in India and other countries.

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