Amber Enterprises India (NSE:AMBER) Interest Expense : ₹-1,670 Mil (TTM As of Mar. 2024)

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What is Amber Enterprises India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Amber Enterprises India's interest expense for the three months ended in Mar. 2024 was ₹ -483 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-1,670 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. Amber Enterprises India's Operating Income for the three months ended in Mar. 2024 was ₹ 1,704 Mil. Amber Enterprises India's Interest Expense for the three months ended in Mar. 2024 was ₹ -483 Mil. Amber Enterprises India's Interest Coverage for the quarter that ended in Mar. 2024 was 3.53. 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.

Amber Enterprises India Interest Expense Historical Data

The historical data trend for Amber Enterprises 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.

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Amber Enterprises India Interest Expense Chart

Amber Enterprises India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-358.03

-384.09

-395.81

-1,118.24

-1,669.84

Amber Enterprises India 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															-374.60	-452.59	-365.71	-368.53	-483.02

Amber Enterprises 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 ₹-1,670 Mil.

Amber Enterprises India (NSE:AMBER) 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.

Amber Enterprises India's Interest Expense for the three months ended in Mar. 2024 was ₹-483 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹1,704 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹7,523 Mil.

Amber Enterprises 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	*	1704.362	/	-483.019
	=	3.53

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

Amber Enterprises India (NSE:AMBER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Amber Enterprises India Ltd (NSE:AMBER) » Definitions » Interest Expense

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Traded in Other Exchanges

540902:India

Address

Sector 49, Sohna Road, Universal Trade Tower, 1st Floor, Gurgaon, HR, IND, 122 018

Website

https://www.ambergroupindia.com

Amber Enterprises India Ltd is a manufacturer of consumer durable products and its components. Geographically, it derives a majority of its revenue from India. The company offers products such as air conditioners, microwave ovens, refrigerators, washing machines, heat exchangers, multi-flow condensers, luminaries, plastic extrusion sheets, vacuum forming components, injection molding components, Printed Circuit Boards, sheet metal stamping, and others.

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