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Venkys (India) (NSE:VENKEYS) Interest Expense : ₹-170 Mil (TTM As of Sep. 2024)


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What is Venkys (India) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Venkys (India)'s interest expense for the three months ended in Sep. 2024 was ₹ -41 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-170 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. Venkys (India)'s Operating Income for the three months ended in Sep. 2024 was ₹ 50 Mil. Venkys (India)'s Interest Expense for the three months ended in Sep. 2024 was ₹ -41 Mil. Venkys (India)'s Interest Coverage for the quarter that ended in Sep. 2024 was 1.24. 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.

Venkys (India) Interest Expense Historical Data

The historical data trend for Venkys (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.

Venkys (India) Interest Expense Chart

Venkys (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 -295.15 -284.78 -175.76 -184.76 -181.82

Venkys (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 -45.30 -45.40 -44.32 -40.10 -40.50

Venkys (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 ₹-170 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.

Venkys (India)  (NSE:VENKEYS) 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.

Venkys (India)'s Interest Expense for the three months ended in Sep. 2024 was ₹-41 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₹50 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₹26 Mil.

Venkys (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*50.2/-40.5
=1.24

* 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.

Venkys (India) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Venkys (India) Ltd (NSE:VENKEYS) » Definitions » Interest Expense
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Traded in Other Exchanges
523261:India
Address
Survey No. 114/A/2, Pune Sinhagad Road, Venkateshwara House, Pune, MH, IND, 411030
Website
https://www.venkys.com
Venkys (India) Ltd is India based poultry company with three operating segments Poultry and poultry products; Animal health products and Oilseed. The Poultry and poultry products segment consists of the production and sale of day-old broiler and layer chicks, specific pathogen-free eggs, processed chicken products, and poultry feed. The Animal health product segment produces and sells medicines and other health products for birds in Pune. The Oilseed segment produces and sells edible refined soya oil and soya de-oiled cake. Its activities include SPF eggs, chicken and eggs processing, broiler and layer breeding, genetic research and poultry diseases diagnostic, poultry vaccines and feed supplements, soya bean extract, etc.

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