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Rulka Electricals (NSE:RULKA) Interest Expense : ₹-2.4 Mil (TTM As of Sep. 2023)


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What is Rulka Electricals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rulka Electricals's interest expense for the six months ended in Sep. 2023 was ₹ -2.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₹-2.4 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. Rulka Electricals's Operating Income for the six months ended in Sep. 2023 was ₹ 44.8 Mil. Rulka Electricals's Interest Expense for the six months ended in Sep. 2023 was ₹ -2.4 Mil. Rulka Electricals's Interest Coverage for the quarter that ended in Sep. 2023 was 18.96. 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.


Rulka Electricals Interest Expense Historical Data

The historical data trend for Rulka Electricals'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.

Rulka Electricals Interest Expense Chart

Rulka Electricals Annual Data
Trend Mar21 Mar22 Mar23
Interest Expense
-2.57 -2.49 -3.23

Rulka Electricals Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Interest Expense - - - -2.36

Rulka Electricals 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-2.4 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.


Rulka Electricals  (NSE:RULKA) 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.

Rulka Electricals's Interest Expense for the six months ended in Sep. 2023 was ₹-2.4 Mil. Its Operating Income for the six months ended in Sep. 2023 was ₹44.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was ₹14.0 Mil.

Rulka Electricals's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*44.774/-2.361
=18.96

* 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.


Rulka Electricals Business Description

Traded in Other Exchanges
N/A
Address
Lake Road, Unit-B-109, 1st Floor, Shiva Estate, Bhandup (West), Mumbai, MH, IND, 400078
Rulka Electricals Ltd is engaged in offering solution for all types of Electrical & Fire Fighting Turnkey Projects. It offers range of services like Electrical Solutions, Electrical Panels, Solar EPC Contracts, Turn Key Electrical Warehousing Projects, Electric Commercial Industrial Services, Maintenance Services, Electrical Contracting and Data & Voice Cabling Installation across the Industrial Sector, Commercial, Retail and Theatre sector also offer electrical contracting services for all types of industrial plants.

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