Arvind Fashions (BOM:542484) Interest Expense : ₹-1,532 Mil (TTM As of Mar. 2024)

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What is Arvind Fashions Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Arvind Fashions's interest expense for the three months ended in Mar. 2024 was ₹ -354 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-1,532 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. Arvind Fashions's Operating Income for the three months ended in Mar. 2024 was ₹ 760 Mil. Arvind Fashions's Interest Expense for the three months ended in Mar. 2024 was ₹ -354 Mil. Arvind Fashions's Interest Coverage for the quarter that ended in Mar. 2024 was 2.15. 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.

Arvind Fashions Interest Expense Historical Data

The historical data trend for Arvind Fashions'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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Arvind Fashions Interest Expense Chart

Arvind Fashions Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-2,392.40

-1,600.20

-1,081.70

-1,209.70

-1,441.80

Arvind Fashions 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															-340.50	-388.40	-406.80	-382.70	-354.40

Arvind Fashions 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 ₹-1,532 Mil.

Arvind Fashions (BOM:542484) 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.

Arvind Fashions's Interest Expense for the three months ended in Mar. 2024 was ₹-354 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹760 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹5,471 Mil.

Arvind Fashions'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	*	760.3	/	-354.4
	=	2.15

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

Arvind Fashions (BOM:542484) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Arvind Fashions Ltd (BOM:542484) » Definitions » Interest Expense

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ARVINDFASN:India

Address

17, M.G Road, Du Parc Trinity, 8th Floor, Bangalore, KA, IND, 560 001

Website

https://www.arvind.com

Arvind Fashions Ltd is a branded apparel & Accessories company. The company's brands include US Polo, Tommy Hilfiger, Nautica, GAP, Calvin Klein, and others. Geographically, it derives a majority of its revenue from India. Its business activity falls within a single operating business segment of Branded Apparels.

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