ABC India (BOM:520123) Interest Expense : ₹-22 Mil (TTM As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is ABC India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ABC India's interest expense for the three months ended in Mar. 2024 was ₹ -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-22 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. ABC India's Operating Income for the three months ended in Mar. 2024 was ₹ 12 Mil. ABC India's Interest Expense for the three months ended in Mar. 2024 was ₹ -6 Mil. ABC India's Interest Coverage for the quarter that ended in Mar. 2024 was 2.00. 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.

ABC India Interest Expense Historical Data

The historical data trend for ABC 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.

ABC India Interest Expense Chart

ABC India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-33.85

-23.22

-20.39

-21.03

-22.19

ABC 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															-5.98	-5.40	-5.62	-5.34	-5.84

ABC 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 ₹-22 Mil.

ABC India (BOM:520123) 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.

ABC India's Interest Expense for the three months ended in Mar. 2024 was ₹-6 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹12 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹43 Mil.

ABC 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	*	11.669	/	-5.835
	=	2.00

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

ABC India (BOM:520123) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ABC India Ltd (BOM:520123) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

40/8, Ballygunge Circular Road, Kolkata, WB, IND, 700 019

Website

https://www.abcindia.com

ABC India Ltd provides logistic services in India. It operates in two business segments namely Freight and Services and Petrol Pump. It generates the majority of its revenue from the Freight and Services business segment. It offers domestic road transportation and complex logistics solutions.

ABC India (BOM:520123) Headlines

No Headlines