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Krishival Foods (NSE:KRISHIVAL) Interest Expense : ₹-9.5 Mil (TTM As of Sep. 2023)


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What is Krishival Foods Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Krishival Foods's interest expense for the six months ended in Sep. 2023 was ₹ -5.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₹-9.5 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. Krishival Foods's Operating Income for the six months ended in Sep. 2023 was ₹ 53.7 Mil. Krishival Foods's Interest Expense for the six months ended in Sep. 2023 was ₹ -5.2 Mil. Krishival Foods's Interest Coverage for the quarter that ended in Sep. 2023 was 10.27. 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.


Krishival Foods Interest Expense Historical Data

The historical data trend for Krishival Foods'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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Krishival Foods Interest Expense Chart

Krishival Foods Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
-8.69 -10.36 -9.33 -15.42 -9.33

Krishival Foods Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Interest Expense Get a 7-Day Free Trial -9.37 -6.05 -5.04 -4.29 -5.23

Krishival Foods 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-9.5 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.


Krishival Foods  (NSE:KRISHIVAL) 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.

Krishival Foods's Interest Expense for the six months ended in Sep. 2023 was ₹-5.2 Mil. Its Operating Income for the six months ended in Sep. 2023 was ₹53.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was ₹64.4 Mil.

Krishival Foods's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*53.696/-5.228
=10.27

* 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.


Krishival Foods (NSE:KRISHIVAL) Business Description

Traded in Other Exchanges
N/A
Address
Saki Vihar Road, 1309, Lodha Supremus Powai, Opposite MTNL Office, Mumbai, MH, IND, 400072
Krishival Foods Ltd is engaged in processing raw cashew nuts into finished cashew kernels in different flavors. It primarily caters to the domestic market with a network of more than thirty distributors across India. In addition to processing raw cashews, we are also engaged in the business of organic manure which is prepared by using by-products like husk and other biodegradable material left after the processing of the raw cashews.

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