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Dixon Technologies (India) (BOM:540699) Interest Expense : ₹-747 Mil (TTM As of Mar. 2024)


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What is Dixon Technologies (India) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dixon Technologies (India)'s interest expense for the three months ended in Mar. 2024 was ₹ -214 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-747 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. Dixon Technologies (India)'s Operating Income for the three months ended in Mar. 2024 was ₹ 1,314 Mil. Dixon Technologies (India)'s Interest Expense for the three months ended in Mar. 2024 was ₹ -214 Mil. Dixon Technologies (India)'s Interest Coverage for the quarter that ended in Mar. 2024 was 6.14. 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.


Dixon Technologies (India) Interest Expense Historical Data

The historical data trend for Dixon Technologies (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.

Dixon Technologies (India) Interest Expense Chart

Dixon Technologies (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 -342.78 -270.50 -427.30 -605.70 -747.20

Dixon Technologies (India) 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 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 -151.40 -140.00 -171.20 -222.00 -214.00

Dixon Technologies (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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-747 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.


Dixon Technologies (India)  (BOM:540699) 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.

Dixon Technologies (India)'s Interest Expense for the three months ended in Mar. 2024 was ₹-214 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹1,314 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹4,246 Mil.

Dixon Technologies (India)'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*1314.3/-214
=6.14

* 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.


Dixon Technologies (India) (BOM:540699) Business Description

Traded in Other Exchanges
Address
B-14 and 15, Phase-II, District Gautam Buddha Nagar, Noida, UP, IND, 201 305
Dixon Technologies (India) Ltd is engaged in the manufacture of electronic products in India. Its products include Consumer electronics, Home appliances, Lighting products, Mobile phones, Security Systems, and Reverse Logistics. Majority of the company's revenue is contributed by Consumer electronics. The company engages in domestic sales of goods as well as exports its products outside India.

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