Sona BLW Precision Forgings (NSE:SONACOMS) Interest Expense : ₹-224 Mil (TTM As of Mar. 2024)

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What is Sona BLW Precision Forgings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sona BLW Precision Forgings's interest expense for the three months ended in Mar. 2024 was ₹ -37 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-224 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. Sona BLW Precision Forgings's Operating Income for the three months ended in Mar. 2024 was ₹ 1,878 Mil. Sona BLW Precision Forgings's Interest Expense for the three months ended in Mar. 2024 was ₹ -37 Mil. Sona BLW Precision Forgings's Interest Coverage for the quarter that ended in Mar. 2024 was 50.99. 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.

Sona BLW Precision Forgings Interest Expense Historical Data

The historical data trend for Sona BLW Precision Forgings'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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Sona BLW Precision Forgings Interest Expense Chart

Sona BLW Precision Forgings Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-230.02

-303.44

-182.57

-151.36

-223.64

Sona BLW Precision Forgings Quarterly Data
	Mar19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial													-28.30	-53.37	-60.03	-73.40	-36.84

Sona BLW Precision Forgings 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 quarterly data reported by the company within the most recent 12 months, which was ₹-224 Mil.

Sona BLW Precision Forgings (NSE:SONACOMS) 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.

Sona BLW Precision Forgings's Interest Expense for the three months ended in Mar. 2024 was ₹-37 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹1,878 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹1,984 Mil.

Sona BLW Precision Forgings'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	*	1878.39	/	-36.84
	=	50.99

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

Sona BLW Precision Forgings (NSE:SONACOMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sona BLW Precision Forgings Ltd (NSE:SONACOMS) » Definitions » Interest Expense

Traded in Other Exchanges

543300:India

Address

Sona Enclave, Sector 35, Post box No. 90, Village Begumpur Khatola, Gurugram, HR, IND, 122 004

Website

https://www.sonacomstar.com

Sona BLW Precision Forgings Ltd is an automotive technology company in India. It is primarily engaged in designing, manufacturing, and supplying of precision forged bevel gears and differential case assemblies, conventional and micro-hybrid starter motors, EV traction motors for automotive and other applications. The Company's operating business is organised and managed according to a single primary reportable business segment namely Automotive Components. Geographically, it derives a majority of revenue from Outside India.

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