Hindustan Composites (NSE:HINDCOMPOS) Interest Expense : ₹-1 Mil (TTM As of Mar. 2025)

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What is Hindustan Composites Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hindustan Composites's interest expense for the three months ended in Mar. 2025 was ₹ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ₹-1 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. Hindustan Composites's Operating Income for the three months ended in Mar. 2025 was ₹ 136 Mil. Hindustan Composites's Interest Expense for the three months ended in Mar. 2025 was ₹ -0 Mil. Hindustan Composites's Interest Coverage for the quarter that ended in Mar. 2025 was 1,364.00. 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.

Hindustan Composites Interest Expense Historical Data

The historical data trend for Hindustan Composites'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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Hindustan Composites Interest Expense Chart

Hindustan Composites Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Interest Expense

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-1.44

-0.72

-0.83

-0.90

-0.80

Hindustan Composites Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Expense	Get a 7-Day Free Trial															-	-0.30	-0.20	-0.20	-0.10

Hindustan Composites 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-1 Mil.

Hindustan Composites (NSE:HINDCOMPOS) 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.

Hindustan Composites's Interest Expense for the three months ended in Mar. 2025 was ₹-0 Mil. Its Operating Income for the three months ended in Mar. 2025 was ₹136 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ₹0 Mil.

Hindustan Composites's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	136.4	/	-0.1
	=	1,364.00

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Hindustan Composites Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Hindustan Composites Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hindustan Composites Ltd (NSE:HINDCOMPOS) » Definitions » Interest Expense

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509635:India

Address

Senapati Bapat Marg, 8th Floor, 801, Peninsula Business Park, ‘A’ Tower, Lower Parel, Mumbai, IND, 400013

Website

https://www.hindcompo.com

Hindustan Composites Ltd is engaged in the business of manufacturing and marketing fiber-based friction materials. The company serves various industries, such as automotive, railways, engineering, mining, aerospace, steel, chemicals, oil exploration, and others. It offers friction materials such as Brake lining, Roll lining, Clutch facing, Disc Brake Pad, Brake Block, and others. It also offers industrial thrust bearing and insulation products comprising Millboard sheets, Millboard discs, and Competitors. Geographically, the group operates throughout the regions of India and derives revenue through the sale of its products. The group has two segments: Composite products and Investments. Composite product is the key revenue-generating segment.

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