Banka BioLoo (NSE:BANKA) Interest Expense : ₹-19.7 Mil (TTM As of Dec. 2023)

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What is Banka BioLoo Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Banka BioLoo's interest expense for the three months ended in Dec. 2023 was ₹ -6.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-19.7 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. Banka BioLoo's Operating Income for the three months ended in Dec. 2023 was ₹ 12.1 Mil. Banka BioLoo's Interest Expense for the three months ended in Dec. 2023 was ₹ -6.5 Mil. Banka BioLoo's Interest Coverage for the quarter that ended in Dec. 2023 was 1.86. 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.

Banka BioLoo Interest Expense Historical Data

The historical data trend for Banka BioLoo'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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Banka BioLoo Interest Expense Chart

Banka BioLoo Annual Data

Trend

Mar14

Mar15

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Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-5.76

-7.25

-14.65

-16.41

-15.00

Banka BioLoo Quarterly Data
	Sep18	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-4.70	-1.28	-5.08	-6.80	-6.52

Banka BioLoo 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-19.7 Mil.

Banka BioLoo (NSE:BANKA) 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.

Banka BioLoo's Interest Expense for the three months ended in Dec. 2023 was ₹-6.5 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹12.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0.0 Mil.

Banka BioLoo's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	12.143	/	-6.521
	=	1.86

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

Banka BioLoo (NSE:BANKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Banka BioLoo Ltd (NSE:BANKA) » Definitions » Interest Expense

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Address

5th floor, Prestige Phoenix, 1405, Uma Nagar, Begumpet, Hyderabad, TG, IND, 500016

Website

https://www.bankabio.com

Banka BioLoo Ltd provides sanitation infrastructures and human waste management solutions and services. It manufactures and installs bio-toilets and bio-tanks for human waste treatment as a complete solution. The company provides its services to various markets such as Schools, Villages, Resorts, Indian railways, Small communities, Industrial factories, Construction sites, and others.

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