GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Coventry Coil-O-Matic (Haryana) Ltd (BOM:523415) » Definitions » Interest Expense

Coventry Coil-O-Matic (Haryana) (BOM:523415) Interest Expense : ₹-8.0 Mil (TTM As of Sep. 2023)


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What is Coventry Coil-O-Matic (Haryana) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Coventry Coil-O-Matic (Haryana)'s interest expense for the three months ended in Sep. 2023 was ₹ -2.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₹-8.0 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. Coventry Coil-O-Matic (Haryana)'s Operating Income for the three months ended in Sep. 2023 was ₹ -9.3 Mil. Coventry Coil-O-Matic (Haryana)'s Interest Expense for the three months ended in Sep. 2023 was ₹ -2.1 Mil. Coventry Coil-O-Matic (Haryana) 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.

Coventry Coil-O-Matic (Haryana) Interest Expense Historical Data

The historical data trend for Coventry Coil-O-Matic (Haryana)'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.

Coventry Coil-O-Matic (Haryana) Interest Expense Chart

Coventry Coil-O-Matic (Haryana) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.75 -2.13 -2.67 -3.67 -7.68

Coventry Coil-O-Matic (Haryana) Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -2.47 -2.15 -1.98 -1.81 -2.11

Coventry Coil-O-Matic (Haryana) 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-8.0 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.

Coventry Coil-O-Matic (Haryana)  (BOM:523415) 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.

Coventry Coil-O-Matic (Haryana)'s Interest Expense for the three months ended in Sep. 2023 was ₹-2.1 Mil. Its Operating Income for the three months ended in Sep. 2023 was ₹-9.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was ₹2.0 Mil.

Coventry Coil-O-Matic (Haryana)'s Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Coventry Coil-O-Matic (Haryana) 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.

Coventry Coil-O-Matic (Haryana) (BOM:523415) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Coventry Coil-O-Matic (Haryana) Ltd (BOM:523415) » Definitions » Interest Expense
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BOM:539040 TSE:6902 TSE:5108 APTV XPAR:ML ISX:ASII TSX:MG XKRX:012330 SHSE:600660 LKQ XTER:CON SHSE:600741 SZSE:002920 BWA SHSE:601689 TSE:5802 TSE:7259 LEA XTER:HLE GNTX
Traded in Other Exchanges
N/A
Address
87 KM, Delhi – Jaipur Road (NH-8), Village Salawas, PO Sangwari, Rewari, HR, IND, 123 401
Website
https://www.coilomatic.com
Coventry Coil-O-Matic (Haryana) Ltd is engaged in the manufacturing of Auto Suspension Springs as well as Power Brake Actuator Springs for Commercial Vehicles. It also offers barrel, conical, hour-glass, pig-tail clutches, circuit breakers, dampers, dies, motors, pressure switches, pressure plates, trunk lid, door checker, hinges, engine valves, and ejectors. The Company is primarily engaged in the manufacturing of Cold-Formed Coil Springs. Geographically it operates through the region of India.

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