Aarvee Denims & Exports (BOM:514274) Interest Expense : ₹-412 Mil (TTM As of Dec. 2023)

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What is Aarvee Denims & Exports Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aarvee Denims & Exports's interest expense for the three months ended in Dec. 2023 was ₹ -77 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-412 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. Aarvee Denims & Exports's Operating Income for the three months ended in Dec. 2023 was ₹ -108 Mil. Aarvee Denims & Exports's Interest Expense for the three months ended in Dec. 2023 was ₹ -77 Mil. Aarvee Denims & Exports 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.

Aarvee Denims & Exports Interest Expense Historical Data

The historical data trend for Aarvee Denims & Exports'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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Aarvee Denims & Exports Interest Expense Chart

Aarvee Denims & Exports Annual Data

Trend

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Mar23

Interest Expense

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-429.11

-474.63

-493.60

-408.01

-446.52

Aarvee Denims & Exports Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-120.74	-113.50	-104.61	-117.42	-76.87

Aarvee Denims & Exports 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-412 Mil.

Aarvee Denims & Exports (BOM:514274) 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.

Aarvee Denims & Exports's Interest Expense for the three months ended in Dec. 2023 was ₹-77 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹-108 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

Aarvee Denims & Exports's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Aarvee Denims & Exports did not have earnings to cover the interest expense.

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

Aarvee Denims & Exports (BOM:514274) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Aarvee Denims & Exports Ltd (BOM:514274) » Definitions » Interest Expense

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AARVEEDEN:India

Address

191, Moje Shahwadi, Narol - Sarkej Highway, Near Old Octroi Naka, Ahmedabad, GJ, IND, 382 405

Website

https://www.aarveedenims.com

Aarvee Denims & Exports Ltd is engaged in the manufacturing and selling of denim and non-denim fabrics and garments. The company has identified two reportable business segments that are Textile and Windmill; out of which the Textile segment generates the maximum revenue for the company. Geographically, it derives a majority of its revenue from India.

Aarvee Denims & Exports (BOM:514274) Headlines

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