Tribhovandas Bhimji Zaveri (NSE:TBZ) Interest Expense : ₹-498 Mil (TTM As of Mar. 2024)

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What is Tribhovandas Bhimji Zaveri Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tribhovandas Bhimji Zaveri's interest expense for the three months ended in Mar. 2024 was ₹ -129 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-498 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. Tribhovandas Bhimji Zaveri's Operating Income for the three months ended in Mar. 2024 was ₹ 260 Mil. Tribhovandas Bhimji Zaveri's Interest Expense for the three months ended in Mar. 2024 was ₹ -129 Mil. Tribhovandas Bhimji Zaveri's Interest Coverage for the quarter that ended in Mar. 2024 was 2.02. 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.

Tribhovandas Bhimji Zaveri Interest Expense Historical Data

The historical data trend for Tribhovandas Bhimji Zaveri'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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Tribhovandas Bhimji Zaveri Interest Expense Chart

Tribhovandas Bhimji Zaveri Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-510.84

-433.83

-317.97

-447.67

-498.24

Tribhovandas Bhimji Zaveri Quarterly Data
	Jun19	Sep19	Dec19	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															-116.41	-119.17	-125.29	-124.72	-129.06

Tribhovandas Bhimji Zaveri 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 ₹-498 Mil.

Tribhovandas Bhimji Zaveri (NSE:TBZ) 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.

Tribhovandas Bhimji Zaveri's Interest Expense for the three months ended in Mar. 2024 was ₹-129 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹260 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹671 Mil.

Tribhovandas Bhimji Zaveri'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	*	260.375	/	-129.059
	=	2.02

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

Tribhovandas Bhimji Zaveri (NSE:TBZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tribhovandas Bhimji Zaveri Ltd (NSE:TBZ) » Definitions » Interest Expense

Traded in Other Exchanges

534369:India

Address

Free Press Journal Road, 1106 to 1121, 11th Floor, West Wing, Tulsiani Chambers, 212, Backbay Reclamation, Nariman Point, Mumbai, MH, IND, 400021

Website

https://www.tbztheoriginal.com

Tribhovandas Bhimji Zaveri Ltd is an Indian company engaged in manufacturing/trading and selling jewellery. The company offers a range of products, including pendants, earrings, waist belts, watches, necklaces, bracelets, rings, and bangles. Its product portfolio includes plain gold, diamond-studded, semi-precious stone studded, diamond-studded platinum jewellery, jewellery with coloured stones in gold and diamond, loose diamond solitaires, loose precious and semi-precious stones, and jadau jewellery. The company provides jewellery for various occasions including wedding, festival, everyday wear, contemporary, and traditional wear. The company's business activity falls within a single primary business segment of Jewellery and one reportable geographical segment which is within India.

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