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Interiors & More (NSE:INM) Interest Expense : ₹-13.6 Mil (TTM As of Mar. 2024)


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What is Interiors & More Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Interiors & More's interest expense for the six months ended in Mar. 2024 was ₹ -13.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-13.6 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. Interiors & More's Operating Income for the six months ended in Mar. 2024 was ₹ 115.1 Mil. Interiors & More's Interest Expense for the six months ended in Mar. 2024 was ₹ -13.6 Mil. Interiors & More's Interest Coverage for the quarter that ended in Mar. 2024 was 8.44. 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.


Interiors & More Interest Expense Historical Data

The historical data trend for Interiors & More'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.

Interiors & More Interest Expense Chart

Interiors & More Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Interest Expense
-3.05 -8.52 -13.81 -13.64

Interiors & More Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Interest Expense -3.05 -8.52 -13.81 -13.64

Interiors & More 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 ₹-13.6 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.


Interiors & More  (NSE:INM) 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.

Interiors & More's Interest Expense for the six months ended in Mar. 2024 was ₹-13.6 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹115.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹13.7 Mil.

Interiors & More'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*115.084/-13.64
=8.44

* 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.


Interiors & More Business Description

Traded in Other Exchanges
N/A
Address
Kumtha Street, off Shahid Bhagat Singh Road, Office No.7, Ground Floor, Ballard Estate, Fort Mumbai G.P.O., Mumbai, MH, IND, 400001
Interiors & More Ltd is in the business of marketing, exporting, importing, processing, packing/repacking, arranging or otherwise dealing in any other manner in flowers, dried flowers, potpourri, handicrafts, dry arrangements, artificial flowers, all types of home & interior decorative items and related materials. The Company has only one reportable Business Segment which is engaged in business of manufacturing of artificial flower and interior decor items in India.

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