Titagarh Rail Systems (NSE:TITAGARH) Interest Expense : ₹-489 Mil (TTM As of Dec. 2024)

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What is Titagarh Rail Systems Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Titagarh Rail Systems's interest expense for the three months ended in Dec. 2024 was ₹ -211 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-489 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. Titagarh Rail Systems's Operating Income for the three months ended in Dec. 2024 was ₹ 937 Mil. Titagarh Rail Systems's Interest Expense for the three months ended in Dec. 2024 was ₹ -211 Mil. Titagarh Rail Systems's Interest Coverage for the quarter that ended in Dec. 2024 was 4.44. 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.

Titagarh Rail Systems Interest Expense Historical Data

The historical data trend for Titagarh Rail Systems'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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Titagarh Rail Systems Interest Expense Chart

Titagarh Rail Systems Annual Data

Trend

Mar15

Mar16

Mar17

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Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-725.21

-633.20

-469.42

-646.85

-554.67

Titagarh Rail Systems 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															-182.40	21.53	-125.20	-174.70	-211.00

Titagarh Rail Systems 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 ₹-489 Mil.

Titagarh Rail Systems (NSE:TITAGARH) 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.

Titagarh Rail Systems's Interest Expense for the three months ended in Dec. 2024 was ₹-211 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹937 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Titagarh Rail Systems'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	*	937.2	/	-211
	=	4.44

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

Titagarh Rail Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Titagarh Rail Systems Ltd (NSE:TITAGARH) » Definitions » Interest Expense

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532966:India

Address

756 Anandpur, E. M. Bypass, Titagarh Towers, Kolkata, WB, IND, 700107

Website

https://titagarh.in

Titagarh Rail Systems Ltd manufactures and sells Freight Wagons, Passenger Coaches, Metro Trains, Train Electricals, Steel Castings, Specialised Equipment and Bridges, Ships and others. The segments of the group are Freight Rail Systems and Passenger Rail Systems. The majority of the company's revenue is generated from its Freight Rail Systems segment which consists of the manufacturing of wagons, loco shells, bogies, couplers, its components, designing and construction of warships, passenger vessels, tug, and specialized equipment for Defence, Bridge Girders, etc. Geographically, the company derives its key revenue from India and it also caters to International markets.

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