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Uniparts India (BOM:543689) Interest Expense : ₹-56 Mil (TTM As of Mar. 2024)


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What is Uniparts India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Uniparts India's interest expense for the three months ended in Mar. 2024 was ₹ -21 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-56 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. Uniparts India's Operating Income for the three months ended in Mar. 2024 was ₹ 369 Mil. Uniparts India's Interest Expense for the three months ended in Mar. 2024 was ₹ -21 Mil. Uniparts India's Interest Coverage for the quarter that ended in Mar. 2024 was 17.58. 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.

Uniparts India Interest Expense Historical Data

The historical data trend for Uniparts 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.

Uniparts India Interest Expense Chart

Uniparts India Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
-156.02 -71.81 -46.45 -59.73 -56.37

Uniparts India Quarterly Data
Mar20 Mar21 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 -12.28 -11.38 -10.65 -13.32 -21.02

Uniparts 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 ₹-56 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.

Uniparts India  (BOM:543689) 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.

Uniparts India's Interest Expense for the three months ended in Mar. 2024 was ₹-21 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹369 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹339 Mil.

Uniparts 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*369.47/-21.02
=17.58

* 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.

Uniparts India (BOM:543689) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Uniparts India Ltd (BOM:543689) » Definitions » Interest Expense
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BOM:500191 BOM:531266 BOM:500219 BOM:523708 BOM:505368 BOM:543898 BOM:505196 BOM:523754 NSE:TARACHAND BOM:536974 CAT DE PCAR OSTO:VOLV A TSE:6201 TSE:6301 XAMS:EXO OSTO:EPI A SHSE:600031 TSE:6326
Traded in Other Exchanges
UNIPARTS:India
Address
A1 & A2, Phase-II, 1 st Floor, B208, Noida, UP, IND, 201 305
Website
https://www.unipartsgroup.com
Uniparts India Ltd is a manufacturer of engineered systems and solutions. The company is a supplier of systems and components for the off-highway market in the agriculture and construction, forestry and mining, and aftermarket sectors with a presence across over 25 countries. The company's product portfolio includes core product verticals of three point linkage systems and precision machined parts as well as adjacent product verticals of power take-off fabrications and hydraulic cylinders or components. Uniparts is a concept-to-supply player for precision products for off-highway vehicles with a presence across the value chain. Geographically the company derives its revenue from USA, Asia Pacific, Europe, India, Japan, Rest of the world, where the majority is being generated from the USA.

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