Jainam Ferro Alloys (I) (NSE:JAINAM) Interest Expense : ₹-15 Mil (TTM As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Jainam Ferro Alloys (I) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jainam Ferro Alloys (I)'s interest expense for the six months ended in Sep. 2024 was ₹ -12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-15 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. Jainam Ferro Alloys (I)'s Operating Income for the six months ended in Sep. 2024 was ₹ 94 Mil. Jainam Ferro Alloys (I)'s Interest Expense for the six months ended in Sep. 2024 was ₹ -12 Mil. Jainam Ferro Alloys (I)'s Interest Coverage for the quarter that ended in Sep. 2024 was 7.82. 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.

Jainam Ferro Alloys (I) Interest Expense Historical Data

The historical data trend for Jainam Ferro Alloys (I)'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.

Jainam Ferro Alloys (I) Interest Expense Chart

Jainam Ferro Alloys (I) Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-13.52

-11.43

-5.41

-4.87

-10.32

Jainam Ferro Alloys (I) Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Interest Expense	Get a 7-Day Free Trial					-3.79	-1.08	-7.73	-2.58	-12.03

Jainam Ferro Alloys (I) 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-15 Mil.

Jainam Ferro Alloys (I) (NSE:JAINAM) 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.

Jainam Ferro Alloys (I)'s Interest Expense for the six months ended in Sep. 2024 was ₹-12 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹94 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹7 Mil.

Jainam Ferro Alloys (I)'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	*	94.127	/	-12.032
	=	7.82

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

Jainam Ferro Alloys (I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jainam Ferro Alloys (I) Ltd (NSE:JAINAM) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Urla Industrial Area, Sector-C, Plot No. 103 to 113 & 130 to 136/A & 137, Birgaon, Raipur, CT, IND, 492003

Website

https://www.jainamferro.com

Jainam Ferro Alloys (I) Ltd is engaged in the manufacturing of two types of Ferro Alloys - Ferro Manganese and Silico manganese, largely used in the Steel industry. Ferro silicon, ferro silicon oxide, ferro silicon, ferro silicon, and ferro chrome are among the company's products. The company also generates revenue from trading activities of manganese ore, used as a raw material in the manufacturing of Ferro alloys. It sells products within India.

Jainam Ferro Alloys (I) Headlines

No Headlines