Madras Fertilizers (NSE:MADRASFERT) Interest Expense : ₹-638 Mil (TTM As of Dec. 2024)

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What is Madras Fertilizers Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Madras Fertilizers's interest expense for the three months ended in Dec. 2024 was ₹ -152 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-638 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. Madras Fertilizers's Operating Income for the three months ended in Dec. 2024 was ₹ 1,043 Mil. Madras Fertilizers's Interest Expense for the three months ended in Dec. 2024 was ₹ -152 Mil. Madras Fertilizers's Interest Coverage for the quarter that ended in Dec. 2024 was 6.88. 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.

Madras Fertilizers Interest Expense Historical Data

The historical data trend for Madras Fertilizers'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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Madras Fertilizers Interest Expense Chart

Madras Fertilizers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-902.60

-907.00

-842.80

-756.40

-646.30

Madras Fertilizers Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-157.60	-166.10	-170.70	-149.60	-151.70

Madras Fertilizers 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-638 Mil.

Madras Fertilizers (NSE:MADRASFERT) 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.

Madras Fertilizers's Interest Expense for the three months ended in Dec. 2024 was ₹-152 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹1,043 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Madras Fertilizers's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	1043.3	/	-151.7
	=	6.88

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

Madras Fertilizers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Madras Fertilizers Ltd (NSE:MADRASFERT) » Definitions » Interest Expense

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590134:India

Address

Post Bag No. 2, Manali, Chennai, TN, IND, 600068

Website

https://www.madrasfert.co.in

Madras Fertilizers Ltd is engaged in the manufacture of ammonia, urea, and complex fertilizers. It is also engaged in manufacturing bio-fertilizers and marketing fertilizers and agrochemicals under the brand name Vijay. The company operates through the manufacture and sale of fertilizers segment. It also provides biofertilizers, including Azospirillum for paddy, plantation crops, and other crops; Rhizobium for groundnuts and pulses; and Phosphor Bacteria and NP Bio for various crops.

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