Atul Auto (BOM:531795) Interest Expense : ₹-133 Mil (TTM As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Atul Auto Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Atul Auto's interest expense for the three months ended in Mar. 2024 was ₹ -32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-133 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. Atul Auto's Operating Income for the three months ended in Mar. 2024 was ₹ 122 Mil. Atul Auto's Interest Expense for the three months ended in Mar. 2024 was ₹ -32 Mil. Atul Auto's Interest Coverage for the quarter that ended in Mar. 2024 was 3.80. 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.

Atul Auto Interest Expense Historical Data

The historical data trend for Atul Auto'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.

Atul Auto Interest Expense Chart

Atul Auto Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-10.30

-6.50

-72.50

-164.80

-132.50

Atul Auto 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															-43.60	-38.80	-29.60	-32.00	-32.10

Atul Auto 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 ₹-133 Mil.

Atul Auto (BOM:531795) 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.

Atul Auto's Interest Expense for the three months ended in Mar. 2024 was ₹-32 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹122 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹582 Mil.

Atul Auto'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	*	122.1	/	-32.1
	=	3.80

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

Atul Auto (BOM:531795) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Atul Auto Ltd (BOM:531795) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

ATULAUTO:India

Address

National Highway 8-B, Survey No. 86, Near Microwave Tower, Plot No. 1 - 4, Shapar (Veraval), Rajkot District, Rajkot, GJ, IND, 360024

Website

https://atulauto.co.in

Atul Auto Ltd is an Indian-based automobile manufacturing company. It manufactures and sells three-wheeled commercial automobiles in the domestic and overseas markets. The product portfolio of the company includes Atul Shakti, Atul Gem, Atul Smart, Atul Gemini, Atul RIK, and Atul Elite. The company has a presence in India as well as exports its products internationally. The majority of the revenue is earned from the domestic market. It operates in the following segment namely Automotive Vehicles and Parts and Non-Banking Financial Business.

Atul Auto (BOM:531795) Headlines

No Headlines