Rashtriya Chemicals & Fertilizers (BOM:524230) Interest Expense : ₹-1,836 Mil (TTM As of Mar. 2024)

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What is Rashtriya Chemicals & Fertilizers Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rashtriya Chemicals & Fertilizers's interest expense for the three months ended in Mar. 2024 was ₹ -520 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-1,836 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. Rashtriya Chemicals & Fertilizers's Operating Income for the three months ended in Mar. 2024 was ₹ 1,309 Mil. Rashtriya Chemicals & Fertilizers's Interest Expense for the three months ended in Mar. 2024 was ₹ -520 Mil. Rashtriya Chemicals & Fertilizers's Interest Coverage for the quarter that ended in Mar. 2024 was 2.52. 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.

Rashtriya Chemicals & Fertilizers Interest Expense Historical Data

The historical data trend for Rashtriya Chemicals & Fertilizers'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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Rashtriya Chemicals & Fertilizers Interest Expense Chart

Rashtriya Chemicals & Fertilizers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-2,099.80

-1,732.50

-1,121.80

-2,238.60

-1,836.40

Rashtriya Chemicals & Fertilizers 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															-443.20	-392.70	-439.80	-484.10	-519.80

Rashtriya Chemicals & Fertilizers 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 ₹-1,836 Mil.

Rashtriya Chemicals & Fertilizers (BOM:524230) 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.

Rashtriya Chemicals & Fertilizers's Interest Expense for the three months ended in Mar. 2024 was ₹-520 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹1,309 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹9,484 Mil.

Rashtriya Chemicals & Fertilizers'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	*	1309	/	-519.8
	=	2.52

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

Rashtriya Chemicals & Fertilizers (BOM:524230) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Rashtriya Chemicals & Fertilizers Ltd (BOM:524230) » Definitions » Interest Expense

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RCF:India

Address

Mahul Road, Administrative Building, Chembur, Mumbai, MH, IND, 400074

Website

https://www.rcfltd.com

Rashtriya Chemicals & Fertilizers Ltd is engaged in the manufacturing and marketing of fertilizers and industrial chemicals. It produces urea, complex fertilizers, bio-fertilizers, micro-nutrients, water-soluble fertilizers, soil conditioners, and a wide range of industrial chemicals and also manufactures basic chemicals. It is also engaged in the production of SSP and sale of imported fertilizer inputs such as DAP, MOP, and NPK fertilizers. the company products also include methanol, Gypsum, Chalk etc. The companies operate into two segments; Fertilizers and Industrial Products. It generates a majority of its revenue from Fertilizers. Geographically, it operates within India and outside India and generates a majority of its revenue from India.

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