GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Dollar Industries Ltd (BOM:541403) » Definitions » Interest Expense

Dollar Industries (BOM:541403) Interest Expense : ₹-185 Mil (TTM As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Dollar Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dollar Industries's interest expense for the three months ended in Mar. 2024 was ₹ -63 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-185 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. Dollar Industries's Operating Income for the three months ended in Mar. 2024 was ₹ 505 Mil. Dollar Industries's Interest Expense for the three months ended in Mar. 2024 was ₹ -63 Mil. Dollar Industries's Interest Coverage for the quarter that ended in Mar. 2024 was 8.07. 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.

Dollar Industries Interest Expense Historical Data

The historical data trend for Dollar 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.

Dollar Industries Interest Expense Chart

Dollar 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 -152.90 -87.90 -96.24 -142.18 -184.91

Dollar 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 -34.00 -34.74 -38.89 -48.69 -62.59

Dollar 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 ₹-185 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.

Dollar Industries  (BOM:541403) 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.

Dollar Industries's Interest Expense for the three months ended in Mar. 2024 was ₹-63 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹505 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹416 Mil.

Dollar 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*505.104/-62.59
=8.07

* 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.

Dollar Industries (BOM:541403) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Dollar Industries Ltd (BOM:541403) » Definitions » Interest Expense
Comparable Companies
BOM:541700 BOM:532022 BOM:533552 BOM:533267 BOM:532808 BOM:538836 BOM:540048 BOM:521248 NSE:LUXIND NSE:IRISDOREME OSTO:HM B MIL:MONC RL VFC WAR:LPP LEVI BOM:532827 TSX:GIL SHSE:600398 PVH
Traded in Other Exchanges
DOLLAR:India
Address
32, Jawaharlal Nehru Road, 15th Floor, Om Towers, Kolkata, WB, IND, 700 071
Website
https://www.dollarglobal.in
Dollar Industries Ltd is engaged in the manufacture of hosiery products in knitted inner wears, casual wears, and thermal wears. The Company is engaged in the manufacturing of garments and hosiery products and generates revenue from the sale of the same. It is also the only reportable segment of the Company. Geographically, it derives a majority of revenue from India. Its brand portfolio includes Dollar Bigboss; Dollar Missy; Force NXT; Dollar Ultra; Dollar Champion; Force Go Wear; Dollar Kids Care; Dollar Lehar; Dollar Comfort; Dollar Commando; Dollar Bravery and Dollar RKG.

Dollar Industries (BOM:541403) Headlines

No Headlines