Kotyark Industries (NSE:KOTYARK) Interest Expense : ₹-26.8 Mil (TTM As of Mar. 2024)

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What is Kotyark Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kotyark Industries's interest expense for the three months ended in Mar. 2024 was ₹ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-26.8 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. Kotyark Industries's Operating Income for the three months ended in Mar. 2024 was ₹ 0.0 Mil. Kotyark Industries's Interest Expense for the three months ended in Mar. 2024 was ₹ 0.0 Mil. GuruFocus does not calculate Kotyark Industries's interest coverage with the available data. 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.

Kotyark Industries Interest Expense Historical Data

The historical data trend for Kotyark Industries'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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Kotyark Industries Interest Expense Chart

Kotyark Industries Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-4.68

-6.56

-4.45

-33.02

-65.51

Kotyark Industries Quarterly Data
	Mar19	Mar20	Dec20	Mar21	Jul21	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial							-	-3.85	-22.98	-	-

Kotyark Industries 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-26.8 Mil.

Kotyark Industries (NSE:KOTYARK) 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.

Kotyark Industries's Interest Expense for the three months ended in Mar. 2024 was ₹0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹305.3 Mil.

Kotyark Industries's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

GuruFocus does not calculate Kotyark Industries's interest coverage with the available data.

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

Kotyark Industries (NSE:KOTYARK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Kotyark Industries Ltd (NSE:KOTYARK) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Ramakaka Temple Road, A-3, 2nd Floor, Shree Ganesh Nagar, Housing Society, Chhani, Vadodara, GJ, IND, 391740

Website

https://www.kotyark.com

Kotyark Industries Ltd is engaged in the manufacturing of Biofuels. The company is focused on renewable green energy and sustainable development of renewable natural resources through the adoption of environmentally friendly technology in vehicles for public and private transport.

Kotyark Industries (NSE:KOTYARK) Headlines

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