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20 Microns (BOM:533022) Interest Expense : ₹-124 Mil (TTM As of Mar. 2024)


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What is 20 Microns Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. 20 Microns's interest expense for the three months ended in Mar. 2024 was ₹ -46 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-124 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. 20 Microns's Operating Income for the three months ended in Mar. 2024 was ₹ 228 Mil. 20 Microns's Interest Expense for the three months ended in Mar. 2024 was ₹ -46 Mil. 20 Microns's Interest Coverage for the quarter that ended in Mar. 2024 was 4.92. 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.


20 Microns Interest Expense Historical Data

The historical data trend for 20 Microns'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.

20 Microns Interest Expense Chart

20 Microns 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 -172.38 -147.70 -132.74 -177.63 -164.62

20 Microns Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 -44.13 -41.34 -41.87 -35.76 -46.43

20 Microns 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 ₹-124 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.


20 Microns  (BOM:533022) 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.

20 Microns's Interest Expense for the three months ended in Mar. 2024 was ₹-46 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹228 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹161 Mil.

20 Microns'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*228.283/-46.425
=4.92

* 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.


20 Microns (BOM:533022) Business Description

Traded in Other Exchanges
Address
L. B. S. Marg, 134-135, Hindustan Kohinoor Industrial Estate, Vikhroli (West), Vadodara, GJ, IND, 400083
20 Microns Ltd is engaged in the manufacturing of industrial minerals and specialty chemicals. The company works under the business segments which are. Paints, PVC Paper Ceramics Key customer segments are Plastics Rubber Oil well drilling Other allied industries It generates revenue from the paints and other segments Some of its products include, ball clay, barytes, bentonite, bleaching earth, calcined kaolin, calcium carbonate, diatomaceous earth, dolomite, and others.

20 Microns (BOM:533022) Headlines

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