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Rossell India (NSE:ROSSELLIND) Interest Expense : ₹-121 Mil (TTM As of Sep. 2024)


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What is Rossell India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rossell India's interest expense for the three months ended in Sep. 2024 was ₹ -13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-121 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. Rossell India's Operating Income for the three months ended in Sep. 2024 was ₹ 313 Mil. Rossell India's Interest Expense for the three months ended in Sep. 2024 was ₹ -13 Mil. Rossell India's Interest Coverage for the quarter that ended in Sep. 2024 was 23.69. 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.


Rossell India Interest Expense Historical Data

The historical data trend for Rossell India'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.

Rossell India Interest Expense Chart

Rossell India 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 -105.46 -153.34 -96.43 -95.46 -141.04

Rossell India Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -10.20 -34.90 -33.44 -39.90 -13.20

Rossell India 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-121 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.


Rossell India  (NSE:ROSSELLIND) 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.

Rossell India's Interest Expense for the three months ended in Sep. 2024 was ₹-13 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₹313 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₹0 Mil.

Rossell India's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*312.7/-13.2
=23.69

* 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.


Rossell India Business Description

Traded in Other Exchanges
Address
16, Barakhamba Road, DCM Building, 1st Floor, New Delhi, IND, 110001
Rossell India Ltd is engaged in the cultivation, manufacture, and sale of tea and aviation products and services. The company carries out tea business under the name Rossell Tea and the aviation business under the name Rossell Techsys. Both the divisions of the company contribute almost equally to the company's revenue.

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