Ice Make Refrigeration (NSE:ICEMAKE) Interest Expense : ₹-26 Mil (TTM As of Dec. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Ice Make Refrigeration Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ice Make Refrigeration's interest expense for the three months ended in Dec. 2024 was ₹ -11 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-26 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. Ice Make Refrigeration's Operating Income for the three months ended in Dec. 2024 was ₹ 45 Mil. Ice Make Refrigeration's Interest Expense for the three months ended in Dec. 2024 was ₹ -11 Mil. Ice Make Refrigeration's Interest Coverage for the quarter that ended in Dec. 2024 was 3.94. 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.

Ice Make Refrigeration Interest Expense Historical Data

The historical data trend for Ice Make Refrigeration'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.

Ice Make Refrigeration Interest Expense Chart

Ice Make Refrigeration Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-22.26

-17.54

-13.51

-8.67

-16.62

Ice Make Refrigeration Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-6.63	-0.71	-4.45	-9.01	-11.47

Ice Make Refrigeration 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-26 Mil.

Ice Make Refrigeration (NSE:ICEMAKE) 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.

Ice Make Refrigeration's Interest Expense for the three months ended in Dec. 2024 was ₹-11 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹45 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Ice Make Refrigeration's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	45.24	/	-11.472
	=	3.94

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

Ice Make Refrigeration Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ice Make Refrigeration Ltd (NSE:ICEMAKE) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

226, Gota-Vadsar Road, Dantali Industrial Estate, Taluka Kalol, Dantali, Near Ahmedabad City, Gandhinagar, GJ, IND, 382721

Website

https://www.icemakeindia.com

Ice Make Refrigeration Ltd is a refrigeration equipment manufacturer, engaged in providing cooling solutions. The company's only operating segment being the Manufacturing of Cold Rooms, Freezer, Refrigeration Systems, and chilling Plant. It serves dairy, ice cream, food processing, agriculture, pharmaceuticals, cold chain, logistics, hospitals, hospitality, retail, and other industries. Its product offering includes Bulk Milk Chiller, Curd Incubation Chamber, Glass Door Display Chiller, Mortuary Chamber, Refrigerated Container, and other related products.

Ice Make Refrigeration Headlines

No Headlines