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Aarti Surfactants (BOM:543210) Interest Expense : ₹-140 Mil (TTM As of Mar. 2024)


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What is Aarti Surfactants Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aarti Surfactants's interest expense for the three months ended in Mar. 2024 was ₹ -34 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-140 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. Aarti Surfactants's Operating Income for the three months ended in Mar. 2024 was ₹ 101 Mil. Aarti Surfactants's Interest Expense for the three months ended in Mar. 2024 was ₹ -34 Mil. Aarti Surfactants's Interest Coverage for the quarter that ended in Mar. 2024 was 2.97. 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.

Aarti Surfactants Interest Expense Historical Data

The historical data trend for Aarti Surfactants'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.

Aarti Surfactants Interest Expense Chart

Aarti Surfactants Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial -98.38 -99.85 -103.16 -147.86 -140.34

Aarti Surfactants Quarterly Data
Mar19 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 -39.08 -33.21 -36.55 -36.49 -34.09

Aarti Surfactants 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 ₹-140 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.

Aarti Surfactants  (BOM:543210) 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.

Aarti Surfactants's Interest Expense for the three months ended in Mar. 2024 was ₹-34 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹101 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹496 Mil.

Aarti Surfactants'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*101.263/-34.085
=2.97

* 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.

Aarti Surfactants (BOM:543210) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Aarti Surfactants Ltd (BOM:543210) » Definitions » Interest Expense
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BOM:530871 BOM:532626 BOM:541269 BOM:504879 BOM:526159 BOM:509567 BOM:523105 BOM:540395 BOM:500367 BOM:530845 LIN XPAR:AI APD SHW ECL SHSE:600309 XSWX:SIKA BOM:500820 DD XSWX:GIVN
Traded in Other Exchanges
E1AARTIPP:India 890180:India AARTISURF:India
Address
Mulund-Goregaon Link Road, 2nd Floor, Unit 202, Plot 71, Udyog Kshetra, L.B.S. Marg, Mulund (West), Mumbai, MH, IND, 400 080
Website
https://www.aarti-surfactants.com
Aarti Surfactants Ltd is the producer of ionic and non-ionic surfactants and specialty products, serving Home and Personal Care, Industrial Applications, and the Agro and Oil industries. The company's product portfolio includes Surfactants, Mild surfactants, Rheology modifiers, Pearlising agents, UV filters, Syndet and soap bases, and Active ingredients, as well as conditioning agents, blends, proteins, and quats. Geographically the group has a business presence in India and Outside India, of which a majority of its revenue is derived from India. The products of the group have application in consumer-centric personal care and home care products, including, inter alia, skin care, oral care, hair care, cosmetics, toiletries and detergent products.

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