NCL Industries (NSE:NCLIND) Interest Expense : ₹-230 Mil (TTM As of Mar. 2024)

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What is NCL Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NCL Industries's interest expense for the three months ended in Mar. 2024 was ₹ -53 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-230 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. NCL Industries's Operating Income for the three months ended in Mar. 2024 was ₹ 318 Mil. NCL Industries's Interest Expense for the three months ended in Mar. 2024 was ₹ -53 Mil. NCL Industries's Interest Coverage for the quarter that ended in Mar. 2024 was 6.00. 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.

NCL Industries Interest Expense Historical Data

The historical data trend for NCL 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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NCL Industries Interest Expense Chart

NCL Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-313.77

-208.02

-241.56

-262.06

-229.56

NCL Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-58.63	-47.96	-69.83	-58.68	-53.10

NCL 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 ₹-230 Mil.

NCL Industries (NSE:NCLIND) 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.

NCL Industries's Interest Expense for the three months ended in Mar. 2024 was ₹-53 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹318 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹1,459 Mil.

NCL Industries'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	*	318.337	/	-53.095
	=	6.00

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

NCL Industries (NSE:NCLIND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » NCL Industries Ltd (NSE:NCLIND) » Definitions » Interest Expense

Traded in Other Exchanges

502168:India

Address

Sarojini Devi Road, Near Rail Nilayam, 7th Floor, NCL Pearl, 10-03-162, Opposite Hyderabad Bhawan, East Maredpally, Secunderabad, TG, IND, 500 026

Website

https://www.nclind.com

NCL Industries Ltd is principally engaged in the business of manufacturing and selling Cement, Ready Mix Concrete (RMC), Cement Bonded Particle Boards (CBPB), and Prefab Shelters. The company's operating segment includes Cement; Boards; Energy, Readymade Doors, and RMC. It generates maximum revenue from the Cement segment. Geographically, it derives a majority of its revenue from India.

NCL Industries (NSE:NCLIND) Headlines

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