Ram Ratna Wires (NSE:RAMRAT) Interest Expense : ₹-469 Mil (TTM As of Dec. 2024)

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What is Ram Ratna Wires Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ram Ratna Wires's interest expense for the three months ended in Dec. 2024 was ₹ -141 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-469 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. Ram Ratna Wires's Operating Income for the three months ended in Dec. 2024 was ₹ 336 Mil. Ram Ratna Wires's Interest Expense for the three months ended in Dec. 2024 was ₹ -141 Mil. Ram Ratna Wires's Interest Coverage for the quarter that ended in Dec. 2024 was 2.39. 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.

Ram Ratna Wires Interest Expense Historical Data

The historical data trend for Ram Ratna Wires'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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Ram Ratna Wires Interest Expense Chart

Ram Ratna Wires Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-280.50

-244.47

-261.84

-317.23

-377.26

Ram Ratna Wires 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															-94.05	-88.29	-115.11	-125.35	-140.63

Ram Ratna Wires 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 ₹-469 Mil.

Ram Ratna Wires (NSE:RAMRAT) 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.

Ram Ratna Wires's Interest Expense for the three months ended in Dec. 2024 was ₹-141 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹336 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Ram Ratna Wires'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	*	336.418	/	-140.629
	=	2.39

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

Ram Ratna Wires Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ram Ratna Wires Ltd (NSE:RAMRAT) » Definitions » Interest Expense

Traded in Other Exchanges

522281:India

Address

Bhailal Amin Marg, Gorwa, Ground Floor, Alembic Business Park (West), Vadodara, GJ, IND, 390003

Website

https://www.rrshramik.com

Ram Ratna Wires Ltd engages in the manufacture and sale of enameled copper winding wire and strips. Its products include enameled copper wire, enameled copper strips, enameled aluminum wires, submersible flat cable, corona resistant winding wires, and submersible winding wire. Its segments are Enamelled wires and strips; Copper tubes and pipes and Other. Geographically, it derives a majority of revenue from India.

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