Omax Autos (NSE:OMAXAUTO) Interest Expense : ₹-202 Mil (TTM As of Dec. 2024)

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What is Omax Autos Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Omax Autos's interest expense for the three months ended in Dec. 2024 was ₹ -49 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-202 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. Omax Autos's Operating Income for the three months ended in Dec. 2024 was ₹ 32 Mil. Omax Autos's Interest Expense for the three months ended in Dec. 2024 was ₹ -49 Mil. Omax Autos's Interest Coverage for the quarter that ended in Dec. 2024 was 0.65. 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.

Omax Autos Interest Expense Historical Data

The historical data trend for Omax Autos'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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Omax Autos Interest Expense Chart

Omax Autos Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-242.45

-251.97

-266.00

-236.65

-207.02

Omax Autos 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															-53.51	-50.57	-51.91	-50.08	-49.12

Omax Autos 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 ₹-202 Mil.

Omax Autos (NSE:OMAXAUTO) 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.

Omax Autos's Interest Expense for the three months ended in Dec. 2024 was ₹-49 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹32 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Omax Autos'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	*	31.926	/	-49.12
	=	0.65

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

Omax Autos Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Omax Autos Ltd (NSE:OMAXAUTO) » Definitions » Interest Expense

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520021:India

Address

Plot No. B-26, Institutional Area, Sector 32, Gurugram, HR, IND, 122001

Website

https://www.omaxauto.com

Omax Autos Ltd is engaged in manufacturing automotive components in India. The company specialises in sheet metal components, tubular components, and machine components. It manages its business in automotive, railways and heavy fabrication, and energy areas. It offers frame assembly, step pavilion, and Saree Guard, among others for two-wheelers. It offers connecting rods, coupling connections, and Silent Block, among others for three-wheelers. The company's off-highway product range includes a front axle, clutch pedal, and brake pedal. Its railways and heavy fabrication products include coach building and retention tanks.

Omax Autos Headlines

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