Radhika Jeweltech (BOM:540125) Interest Expense : ₹-25 Mil (TTM As of Mar. 2024)

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What is Radhika Jeweltech Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Radhika Jeweltech's interest expense for the three months ended in Mar. 2024 was ₹ -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-25 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. Radhika Jeweltech's Operating Income for the three months ended in Mar. 2024 was ₹ 156 Mil. Radhika Jeweltech's Interest Expense for the three months ended in Mar. 2024 was ₹ -7 Mil. Radhika Jeweltech's Interest Coverage for the quarter that ended in Mar. 2024 was 22.26. 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.

Radhika Jeweltech Interest Expense Historical Data

The historical data trend for Radhika Jeweltech'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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Radhika Jeweltech Interest Expense Chart

Radhika Jeweltech Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-24.69

-2.98

-5.44

-9.83

-24.90

Radhika Jeweltech Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-3.18	-3.83	-6.12	-7.93	-7.01

Radhika Jeweltech 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 ₹-25 Mil.

Radhika Jeweltech (BOM:540125) 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.

Radhika Jeweltech's Interest Expense for the three months ended in Mar. 2024 was ₹-7 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹156 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹101 Mil.

Radhika Jeweltech'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	*	155.941	/	-7.007
	=	22.26

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

Radhika Jeweltech (BOM:540125) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Radhika Jeweltech Ltd (BOM:540125) » Definitions » Interest Expense

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RADHIKAJWE:India

Address

Kalawad Road, Oppsite Swaminarayan Temple Near Mahila College, Rajkot, GJ, IND, 360001

Website

https://www.radhikajeweltech.com

Radhika Jeweltech Ltd is a jewellery retailer. The company is engaged in trading for gold, silver, diamonds, and platinum ornaments. It generates maximum revenue from the sale of Gold Jewellery.

Radhika Jeweltech (BOM:540125) Headlines

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