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Jocil (NSE:JOCIL) Interest Expense : ₹0 Mil (TTM As of Sep. 2023)


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What is Jocil Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jocil's interest expense for the three months ended in Sep. 2023 was ₹ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₹0 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. Jocil's Operating Income for the three months ended in Sep. 2023 was ₹ 11 Mil. Jocil's Interest Expense for the three months ended in Sep. 2023 was ₹ -0 Mil. Jocil's Interest Coverage for the quarter that ended in Sep. 2023 was 718.00. 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.


Jocil Interest Expense Historical Data

The historical data trend for Jocil'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.

Jocil Interest Expense Chart

Jocil Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.87 -8.22 -6.61 -0.49 -6.99

Jocil Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.01 -2.35 2.60 -0.08 -0.02

Jocil 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 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.


Jocil  (NSE:JOCIL) 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.

Jocil's Interest Expense for the three months ended in Sep. 2023 was ₹-0 Mil. Its Operating Income for the three months ended in Sep. 2023 was ₹11 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was ₹0 Mil.

Jocil's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*10.77/-0.015
=718.00

* 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.


Jocil (NSE:JOCIL) Business Description

Traded in Other Exchanges
N/A
Address
Dokiparru Village, Medikondur Mandal, Guntur, AP, IND, 522438
Jocil Ltd is engaged in the manufacture of Stearic Acid, Fatty Acids, Refined Glycerine, Soap Noodles, Toilet Soap, Industrial Oxygen, and in the generation of Power from biomass and wind. Non-edible vegetable oils and fatty acid distillates, both indigenous and imported, are used as raw materials for the manufacture of the finished products. The products manufactured are marketed directly from the factory as well as through Depots and C & F Agents located in cities across the country. The company also undertakes to manufacture Soap Noodles and Toilet Soap on job work for reputed customers.

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