Nandan Denim (NSE:NDL) Interest Expense : ₹-383 Mil (TTM As of Dec. 2024)

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What is Nandan Denim Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nandan Denim's interest expense for the three months ended in Dec. 2024 was ₹ -86 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-383 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. Nandan Denim's Operating Income for the three months ended in Dec. 2024 was ₹ 154 Mil. Nandan Denim's Interest Expense for the three months ended in Dec. 2024 was ₹ -86 Mil. Nandan Denim's Interest Coverage for the quarter that ended in Dec. 2024 was 1.79. 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.

Nandan Denim Interest Expense Historical Data

The historical data trend for Nandan Denim'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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Nandan Denim Interest Expense Chart

Nandan Denim Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-391.63

-386.49

-373.88

-485.90

-432.24

Nandan Denim 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															-104.58	-106.26	-95.89	-94.60	-86.19

Nandan Denim 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 ₹-383 Mil.

Nandan Denim (NSE:NDL) 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.

Nandan Denim's Interest Expense for the three months ended in Dec. 2024 was ₹-86 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹154 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Nandan Denim'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	*	153.992	/	-86.191
	=	1.79

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

Nandan Denim Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Nandan Denim Ltd (NSE:NDL) » Definitions » Interest Expense

Traded in Other Exchanges

532641:India

Address

Near Shivranjani Cross Roads, Chiripal House, Satellite, Ahmedabad, GJ, IND, 380015

Website

https://www.nandandenim.com

Nandan Denim Ltd is engaged in the manufacturing and sale of fabrics. Its product portfolio includes Regular Basic denim, Knit denim, Smart Casuals, Textured, Organic Cotton yarn, Blended yarn, and others. The majority of its revenue is generated from the Indian market and it also exports its products to other countries.

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