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Emami (BOM:531162) Interest Expense : ₹-85 Mil (TTM As of Dec. 2023)


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What is Emami Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Emami's interest expense for the three months ended in Dec. 2023 was ₹ -27 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-85 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. Emami's Operating Income for the three months ended in Dec. 2023 was ₹ 2,691 Mil. Emami's Interest Expense for the three months ended in Dec. 2023 was ₹ -27 Mil. Emami's Interest Coverage for the quarter that ended in Dec. 2023 was 99.28. 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.


Emami Interest Expense Historical Data

The historical data trend for Emami'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.

Emami Interest Expense Chart

Emami 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 -214.03 -210.12 -132.71 -50.73 -73.91

Emami Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -17.70 -13.71 -21.40 -22.50 -27.10

Emami 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-85 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.


Emami  (BOM:531162) 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.

Emami's Interest Expense for the three months ended in Dec. 2023 was ₹-27 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹2,691 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

Emami's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*2690.6/-27.1
=99.28

* 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.

Good Sign:

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


Emami (BOM:531162) Business Description

Traded in Other Exchanges
Address
Emami Tower, EM Bypass, 687, Anandapur, Kolkata, WB, IND, 700107
Emami Ltd is Indian personal care and healthcare business in India. The most well-known brands from its portfolio are Fair and Handsome, BoroPlus, Navratna, Mentho Plus Balm, Zandu Balm, and Fast Relief. Its international operations are in over 60 countries spanning Europe, Africa, Gulf Cooperation Council countries, Commonwealth of Independent States countries, and the South Asian Association for Regional Cooperation countries. Its key business lines are fast-moving consumer goods, newsprint, manufacturing of ballpoint-pen tips, retail, pharmacy, infrastructure and development, edible oil, art, healthcare, cement, and bio diesel. Majority of the firm's revenue comes from India.

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