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NRB Industrial Bearings (NSE:NIBL) Interest Expense : ₹-115.5 Mil (TTM As of Dec. 2024)


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What is NRB Industrial Bearings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NRB Industrial Bearings's interest expense for the three months ended in Dec. 2024 was ₹ -29.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-115.5 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. NRB Industrial Bearings's Operating Income for the three months ended in Dec. 2024 was ₹ -32.3 Mil. NRB Industrial Bearings's Interest Expense for the three months ended in Dec. 2024 was ₹ -29.7 Mil. NRB Industrial Bearings did not have earnings to cover the interest expense. 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.

NRB Industrial Bearings Interest Expense Historical Data

The historical data trend for NRB Industrial Bearings'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.

* Premium members only.

NRB Industrial Bearings Interest Expense Chart

NRB Industrial Bearings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -69.01 -69.08 -75.61 -92.08 -109.39

NRB Industrial Bearings 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -27.84 -25.50 -30.01 -30.29 -29.71

NRB Industrial Bearings 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 ₹-115.5 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.

NRB Industrial Bearings  (NSE:NIBL) 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.

NRB Industrial Bearings's Interest Expense for the three months ended in Dec. 2024 was ₹-29.7 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹-32.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0.0 Mil.

NRB Industrial Bearings's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

NRB Industrial Bearings did not have earnings to cover the interest expense.

* 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.

NRB Industrial Bearings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NRB Industrial Bearings Ltd (NSE:NIBL) » Definitions » Interest Expense
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Traded in Other Exchanges
535458:India
Address
Number. 15, Sir Phirozshah Mehta Road, Dhannur building, 2nd Floor, Fort, Mumbai, MH, IND, 400 001
Website
https://www.nrbindustrialbearings.com
NRB Industrial Bearings Ltd is engaged in the business of manufacturing and selling all types of industrial bearings. The company operates in one business segment which is Industrial Bearings. The product line of the company consists of Cam followers, Bottom ring bearings, Wide inner ring Ball bearings, Housed units, Cylindrical roller bearings, Spherical roller bearings, and Deep groove ball bearings. The Ball and roller bearings product of the company generates maximum revenue. The group has a business presence in India and Outside India, of which prime income is generated within India.

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