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GOCL (BOM:506480) Interest Expense : ₹-1,463 Mil (TTM As of Mar. 2024)


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What is GOCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GOCL's interest expense for the three months ended in Mar. 2024 was ₹ -304 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-1,463 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. GOCL's Operating Income for the three months ended in Mar. 2024 was ₹ -139 Mil. GOCL's Interest Expense for the three months ended in Mar. 2024 was ₹ -304 Mil. GOCL 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.


GOCL Interest Expense Historical Data

The historical data trend for GOCL'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.

GOCL Interest Expense Chart

GOCL 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 -130.27 -495.01 -542.44 -1,185.53 -1,462.58

GOCL 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 -385.30 -418.98 -369.65 -370.32 -303.64

GOCL 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 ₹-1,463 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.


GOCL  (BOM:506480) 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.

GOCL's Interest Expense for the three months ended in Mar. 2024 was ₹-304 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-139 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹10,745 Mil.

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

GOCL did not have earnings to cover the interest expense.

* 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.


GOCL (BOM:506480) Business Description

Traded in Other Exchanges
Address
IDL Road, Kukatpally, Hyderabad, TG, IND, 500072
GOCL Corp Ltd is an investment holding company. The company operates in two segments namely Energetics and Explosives and Realty. The vast majority of the revenue is generated from the Energetics and explosives segment which is engaged in the manufacturing of accessories and cartridge explosives and bulk explosives for mining and infrastructure projects and manufacturing of special precision detonators for special applications by the defense, space, and other agencies. Geographically, it derives a majority of its revenue from India.

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