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Motherson Sumi Wiring India (BOM:543498) Interest Expense : ₹-196 Mil (TTM As of Mar. 2024)


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What is Motherson Sumi Wiring India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Motherson Sumi Wiring India's interest expense for the three months ended in Mar. 2024 was ₹ -58 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-196 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. Motherson Sumi Wiring India's Operating Income for the three months ended in Mar. 2024 was ₹ 2,669 Mil. Motherson Sumi Wiring India's Interest Expense for the three months ended in Mar. 2024 was ₹ -58 Mil. Motherson Sumi Wiring India's Interest Coverage for the quarter that ended in Mar. 2024 was 45.77. 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.


Motherson Sumi Wiring India Interest Expense Historical Data

The historical data trend for Motherson Sumi Wiring India'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.

Motherson Sumi Wiring India Interest Expense Chart

Motherson Sumi Wiring India Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Interest Expense
- -233.00 -278.20 -273.00

Motherson Sumi Wiring India Quarterly Data
Sep20 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 -65.10 -86.00 -73.60 -63.90 -58.30

Motherson Sumi Wiring India 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 ₹-196 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.


Motherson Sumi Wiring India  (BOM:543498) 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.

Motherson Sumi Wiring India's Interest Expense for the three months ended in Mar. 2024 was ₹-58 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹2,669 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹1,854 Mil.

Motherson Sumi Wiring India'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*2668.6/-58.3
=45.77

* 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.


Motherson Sumi Wiring India (BOM:543498) Business Description

Traded in Other Exchanges
Address
Noida- Greater Noida Expressway, 11th Floor, Plot No. 1, Sector-127, Noida, UP, IND, 201301
Motherson Sumi Wiring India Ltd is engaged in domestic wiring harness business. It derives a majority of revenue from India.

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