Linde India (BOM:523457) Interest Expense : ₹-73 Mil (TTM As of Mar. 2024)

View and export this data going back to 1992. Start your Free Trial

What is Linde India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Linde India's interest expense for the three months ended in Mar. 2024 was ₹ -38 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-73 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. Linde India's Operating Income for the three months ended in Mar. 2024 was ₹ 1,269 Mil. Linde India's Interest Expense for the three months ended in Mar. 2024 was ₹ -38 Mil. Linde India's Interest Coverage for the quarter that ended in Mar. 2024 was 33.44. 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.

Linde India Interest Expense Historical Data

The historical data trend for Linde 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.

Linde India Interest Expense Chart

Linde India Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

Get a 7-Day Free Trial

-1,027.01

-862.50

-62.43

-30.54

-44.86

Linde India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-11.11	-11.63	-11.59	-11.53	-37.94

Linde 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 ₹-73 Mil.

Linde India (BOM:523457) 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.

Linde India's Interest Expense for the three months ended in Mar. 2024 was ₹-38 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹1,269 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹191 Mil.

Linde 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	*	1268.68	/	-37.94
	=	33.44

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Linde India Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Linde India (BOM:523457) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Linde India Ltd (BOM:523457) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

LINDEINDIA:India

Address

P43 Taratala Road, Oxygen House, Kolkata, WB, IND, 700 088

Website

https://www.linde.in

Linde India Ltd is a manufacturer of industrial gases. It operates in two segments: Gases and Related Products, which comprises pipeline gas supplies (Onsite) to large industrial customers, mainly the steel, glass, and chemical industries; and Project Engineering, which includes design, engineering, supply, installation, testing, and commissioning of Air Separation Plants and related projects on turnkey basis. The majority of its revenue comes from its Gases segment from the domestic market.

Linde India (BOM:523457) Headlines

No Headlines