TIL (BOM:505196) Interest Expense : ₹-258.7 Mil (TTM As of Mar. 2024)

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What is TIL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TIL's interest expense for the three months ended in Mar. 2024 was ₹ -52.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-258.7 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. TIL's Operating Income for the three months ended in Mar. 2024 was ₹ -298.6 Mil. TIL's Interest Expense for the three months ended in Mar. 2024 was ₹ -52.4 Mil. TIL did not have earnings to cover the interest expense. 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.

TIL Interest Expense Historical Data

The historical data trend for TIL'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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TIL Interest Expense Chart

TIL Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-318.60

-346.50

-362.00

-362.40

-258.70

TIL 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															-83.70	-94.30	-90.10	-21.90	-52.40

TIL 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 ₹-258.7 Mil.

TIL (BOM:505196) 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.

TIL's Interest Expense for the three months ended in Mar. 2024 was ₹-52.4 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-298.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹1,022.8 Mil.

TIL's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

TIL did not have earnings to cover the interest expense.

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

TIL (BOM:505196) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » TIL Ltd (BOM:505196) » Definitions » Interest Expense

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TIL:India

Address

1, Taratolla Road, Garden Reach, Kolkata, WB, IND, 700024

Website

https://www.tilindia.in

TIL Ltd is an India based company engaged in providing customized designs manufactures and markets a comprehensive range of material handling, lifting, port equipment, road building solutions, with integrated customer support and after-sales service. The company operates in only Material handling solutions segment which comprises of manufacturing and marketing of various materials handling equipment such as mobile cranes, port equipment, self-loading truck cranes and road construction equipment as well as dealing in spares and providing services to related equipment. Geographically, the group has a business presence in India and Outside India of which key revenue is earned within the Indian market.

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