GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hindustan Foods Ltd (BOM:519126) » Definitions » Interest Expense

Hindustan Foods (BOM:519126) Interest Expense : ₹-567 Mil (TTM As of Mar. 2024)


View and export this data going back to 1991. Start your Free Trial

What is Hindustan Foods Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hindustan Foods's interest expense for the three months ended in Mar. 2024 was ₹ -180 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-567 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. Hindustan Foods's Operating Income for the three months ended in Mar. 2024 was ₹ 422 Mil. Hindustan Foods's Interest Expense for the three months ended in Mar. 2024 was ₹ -180 Mil. Hindustan Foods's Interest Coverage for the quarter that ended in Mar. 2024 was 2.35. 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.

Hindustan Foods Interest Expense Historical Data

The historical data trend for Hindustan Foods'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.

Hindustan Foods Interest Expense Chart

Hindustan Foods 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 -109.14 -182.18 -196.94 -358.02 -566.82

Hindustan Foods 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 -97.30 -109.99 -126.09 -150.89 -179.85

Hindustan Foods 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 ₹-567 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.

Hindustan Foods  (BOM:519126) 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.

Hindustan Foods's Interest Expense for the three months ended in Mar. 2024 was ₹-180 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹422 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹5,358 Mil.

Hindustan Foods'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*422.057/-179.846
=2.35

* 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.

Hindustan Foods (BOM:519126) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hindustan Foods Ltd (BOM:519126) » Definitions » Interest Expense
Comparable Companies
BOM:532783 BOM:512573 BOM:543253 BOM:532301 BOM:524226 BOM:519091 BOM:519600 BOM:543929 BOM:530813 BOM:519183 XSWX:NESN KHC GIS XPAR:BN SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF
Traded in Other Exchanges
HNDFDS:India
Address
15, Lal Bahadur Shastri Road, Office No. 03, Level 2, Centrium, Phoenix Market City, Kurla (West), Mumbai, MH, IND, 400 070
Website
https://www.hindustanfoodslimited.com
Hindustan Foods Ltd is an India-based company that is engaged in manufacturing nutritional food products such as cereal-based food products and a range of instant mixes, baby foods, instant porridges, breakfast cereals and health drinks. The company focuses on delivering several variants of porridge such as natural, chocolate, lite, diabetes care and ragi rich under the brand name of Bonny Mix. Its operating segment includes Contract manufacturing and other business for manufacturing and sale under its own Brand name. The company generates maximum revenue from the Contract manufacturing segment. Geographically the company generates the majority of its revenue from India.

Hindustan Foods (BOM:519126) Headlines

No Headlines