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Triveni Engineering & Industries (BOM:532356) Interest Expense : ₹-555 Mil (TTM As of Mar. 2024)


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What is Triveni Engineering & Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Triveni Engineering & Industries's interest expense for the three months ended in Mar. 2024 was ₹ -180 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-555 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. Triveni Engineering & Industries's Operating Income for the three months ended in Mar. 2024 was ₹ 2,187 Mil. Triveni Engineering & Industries's Interest Expense for the three months ended in Mar. 2024 was ₹ -180 Mil. Triveni Engineering & Industries's Interest Coverage for the quarter that ended in Mar. 2024 was 12.14. 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.

Triveni Engineering & Industries Interest Expense Historical Data

The historical data trend for Triveni Engineering & Industries'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.

Triveni Engineering & Industries Interest Expense Chart

Triveni Engineering & Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -791.98 -515.10 -543.90 -567.40 -555.00

Triveni Engineering & Industries 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 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 -98.00 -208.30 -101.90 -64.70 -180.10

Triveni Engineering & Industries 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 ₹-555 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.

Triveni Engineering & Industries  (BOM:532356) 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.

Triveni Engineering & Industries's Interest Expense for the three months ended in Mar. 2024 was ₹-180 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹2,187 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹2,564 Mil.

Triveni Engineering & Industries'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*2186.6/-180.1
=12.14

* 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.

Triveni Engineering & Industries (BOM:532356) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Triveni Engineering & Industries Ltd (BOM:532356) » Definitions » Interest Expense
Comparable Companies
BOM:500038 BOM:500125 BOM:532670 BOM:500097 BOM:500032 BOM:500041 BOM:530305 BOM:500119 BOM:532729 BOM:532610 MDLZ HSY XSWX:LISN XSWX:BARN XKRX:271560 TR TSE:2222 CAS:CSR TSE:2201 XKRX:004990
Traded in Other Exchanges
TRIVENI:India
Address
Express Trade Towers, 8th Floor, Plot No. 15 - 16, Sector - 16A, Noida, UP, IND, 201301
Website
https://www.trivenigroup.com
Triveni Engineering & Industries Ltd is an India-based company engaged in the manufacturing of sugar. The company is engaged in diversified businesses mainly categorized into segments - Sugar and allied businesses; Engineering business and others. Sugar and allied businesses essentially comprises the manufacture of sugar, cogeneration, and distillery. The Engineering business primarily comprises Power Transmission manufacturing facilities at Mysuru and Water and Waste Water Treatment business operating from Noida, UP. The firm generates a majority of its revenue from the Sugar and allied business.

Triveni Engineering & Industries (BOM:532356) Headlines

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