Proventus Agrocom (NSE:PROV) Interest Expense : ₹-18 Mil (TTM As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Proventus Agrocom Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Proventus Agrocom's interest expense for the six months ended in Mar. 2024 was ₹ -9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-18 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. Proventus Agrocom's Operating Income for the six months ended in Mar. 2024 was ₹ 23 Mil. Proventus Agrocom's Interest Expense for the six months ended in Mar. 2024 was ₹ -9 Mil. Proventus Agrocom's Interest Coverage for the quarter that ended in Mar. 2024 was 2.60. 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.

Proventus Agrocom Interest Expense Historical Data

The historical data trend for Proventus Agrocom'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.

Proventus Agrocom Interest Expense Chart

Proventus Agrocom Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

-108.36

-5.81

-18.41

-24.78

-18.05

Proventus Agrocom Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial			-	-	-	-9.28	-8.77

Proventus Agrocom 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-18 Mil.

Proventus Agrocom (NSE:PROV) 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.

Proventus Agrocom's Interest Expense for the six months ended in Mar. 2024 was ₹-9 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹23 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹0 Mil.

Proventus Agrocom'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	*	22.84	/	-8.771
	=	2.60

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

Proventus Agrocom (NSE:PROV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Proventus Agrocom Ltd (NSE:PROV) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Village Mulgaon, MV Road, Unit 515, 5th Floor, C Wing, 1 MTR Cabin, Atrium, Andheri East, Near Acme Plaza, Mumbai, MH, IND, 400 069

Website

https://www.proventusagro.com

Proventus Agrocom Ltd is an integrated health food brand with a presence in the entire range of dry fruits, nuts, seeds, berries, and healthy snacking products across the value chain. Its approach in the space focuses on diversifying across the baskets and intensifying its presence across the value chain; in the end, being a one-stop shop for the consumers. Its products include cashew, almonds, walnuts, raisins, sunflower seeds, pistachios and other dry fruits, nuts, seeds and berries.