Alphalogic Industries (BOM:543937) Interest Expense : ₹-2.8 Mil (TTM As of Mar. 2024)

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What is Alphalogic Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alphalogic Industries's interest expense for the six months ended in Mar. 2024 was ₹ -1.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-2.8 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. Alphalogic Industries's Operating Income for the six months ended in Mar. 2024 was ₹ 12.8 Mil. Alphalogic Industries's Interest Expense for the six months ended in Mar. 2024 was ₹ -1.4 Mil. Alphalogic Industries's Interest Coverage for the quarter that ended in Mar. 2024 was 9.07. 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.

Alphalogic Industries Interest Expense Historical Data

The historical data trend for Alphalogic 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.

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Alphalogic Industries Interest Expense Chart

Alphalogic Industries Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Interest Expense

-0.62

-2.85

-3.88

-2.77

Alphalogic Industries Semi-Annual Data
	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial			-	-1.72	-2.16	-1.36	-1.41

Alphalogic 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-2.8 Mil.

Alphalogic Industries (BOM:543937) 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.

Alphalogic Industries's Interest Expense for the six months ended in Mar. 2024 was ₹-1.4 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹12.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹0.0 Mil.

Alphalogic 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	*	12.811	/	-1.413
	=	9.07

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

Alphalogic Industries (BOM:543937) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Alphalogic Industries Ltd (BOM:543937) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Old Mumbai-Pune Highway, Office No. 207, 2nd Floor, Kohinoor B-Zone, Besides Vijay Sales, Opposute City One Mall, Pimpri Chinchwad, Pune, MH, IND, 411019

Website

https://www.alphalogicindustries.com

Alphalogic Industries Ltd is a storage solution manufacturing company. It is engaged in the design, manufacturing, supply, and installation of industrial and institutional storage systems that is compactor storage systems, heavy-duty storage racks, cantilever racks, lockers, mezzanine floors, metal pallets & crates, library stacks, book case, book trolly, periodical display rack, school lockers, book support.

Alphalogic Industries (BOM:543937) Headlines

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