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Kaushalya Logistics (NSE:KLL) Interest Expense : ₹-60 Mil (TTM As of Mar. 2024)


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What is Kaushalya Logistics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kaushalya Logistics's interest expense for the six months ended in Mar. 2024 was ₹ -60 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-60 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. Kaushalya Logistics's Operating Income for the six months ended in Mar. 2024 was ₹ 64 Mil. Kaushalya Logistics's Interest Expense for the six months ended in Mar. 2024 was ₹ -60 Mil. Kaushalya Logistics's Interest Coverage for the quarter that ended in Mar. 2024 was 1.07. 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.


Kaushalya Logistics Interest Expense Historical Data

The historical data trend for Kaushalya Logistics'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.

Kaushalya Logistics Interest Expense Chart

Kaushalya Logistics Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Interest Expense
-11.08 -24.53 -39.24 -59.84

Kaushalya Logistics Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Interest Expense -11.08 -24.53 -39.24 -59.84

Kaushalya Logistics 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 ₹-60 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.


Kaushalya Logistics  (NSE:KLL) 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.

Kaushalya Logistics's Interest Expense for the six months ended in Mar. 2024 was ₹-60 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹64 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹432 Mil.

Kaushalya Logistics'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*64.136/-59.835
=1.07

* 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.


Kaushalya Logistics Business Description

Traded in Other Exchanges
N/A
Address
East of Kailash, 19, Community Centre, First and Second Floor, New Delhi, IND, 110065
Kaushalya Logistics Ltd is an integrated Logistics and Clearing and Forwarding (C&F) services provider. The company operates in segments namely Service Income engaged in C&F Agency, Trade of Electronic Appliances engaged in retail trade of various types of home appliances, and real estate. The company is also engaged in the business of Owning, Renting, & Trading of Commercial Properties. The company derives maximum revenue from the Trade of Electronic Appliances.

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