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Ashoka Refineries (BOM:526983) Interest Expense : ₹-0.00 Mil (TTM As of Mar. 2024)


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What is Ashoka Refineries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ashoka Refineries's interest expense for the three months ended in Mar. 2024 was ₹ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-0.00 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. Ashoka Refineries's Operating Income for the three months ended in Mar. 2024 was ₹ 0.23 Mil. Ashoka Refineries's Interest Expense for the three months ended in Mar. 2024 was ₹ -0.00 Mil. Ashoka Refineries's Interest Coverage for the quarter that ended in Mar. 2024 was 231.00. 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.


Ashoka Refineries Interest Expense Historical Data

The historical data trend for Ashoka Refineries'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.

Ashoka Refineries Interest Expense Chart

Ashoka Refineries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
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Ashoka Refineries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Ashoka Refineries 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 ₹-0.00 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.


Ashoka Refineries  (BOM:526983) 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.

Ashoka Refineries's Interest Expense for the three months ended in Mar. 2024 was ₹-0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹0.23 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹1.50 Mil.

Ashoka Refineries'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*0.231/-0.001
=231.00

* 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.


Ashoka Refineries (BOM:526983) Business Description

Traded in Other Exchanges
N/A
Address
408, Wallfort Ozone, Fafadih, Raipur, CT, IND, 492001
Ashoka Refineries Ltd is engaged in the trading of goods and providing consultancy services. The company generates revenue from the sale of goods, consultancy fees, and interest. The majority of the revenue is derived from the sale of goods.

Ashoka Refineries (BOM:526983) Headlines

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