Aro Granite Industries (NSE:AROGRANITE) Interest Expense : ₹-161 Mil (TTM As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Aro Granite Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aro Granite Industries's interest expense for the three months ended in Mar. 2024 was ₹ -50 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-161 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. Aro Granite Industries's Operating Income for the three months ended in Mar. 2024 was ₹ 55 Mil. Aro Granite Industries's Interest Expense for the three months ended in Mar. 2024 was ₹ -50 Mil. Aro Granite Industries's Interest Coverage for the quarter that ended in Mar. 2024 was 1.10. 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.

Aro Granite Industries Interest Expense Historical Data

The historical data trend for Aro Granite Industries'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.

Aro Granite Industries Interest Expense Chart

Aro Granite Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-59.78

-53.81

-79.32

-127.80

-161.09

Aro Granite Industries 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															-37.24	-38.80	-35.05	-37.10	-50.14

Aro Granite Industries 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 ₹-161 Mil.

Aro Granite Industries (NSE:AROGRANITE) 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.

Aro Granite Industries's Interest Expense for the three months ended in Mar. 2024 was ₹-50 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹55 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹464 Mil.

Aro Granite Industries'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	*	55.161	/	-50.141
	=	1.10

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

Aro Granite Industries (NSE:AROGRANITE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Aro Granite Industries Ltd (NSE:AROGRANITE) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

513729:India

Address

Koneripalli Village, Via: Shoolagiri, Taluka Hosur, District Krishnagiri, Hosur, TN, IND, 635117

Website

https://www.arotile.com

Aro Granite Industries Ltd is an exporter of processed granite. The company is engaged in the manufacturing and trading of granite slabs and tiles. It is engaged in the business of two segments: Manufacturing of Engineered Quartz Stone Slabs and Manufacturing of Natural Stone Granites Slab and Tiles. It offers products in an array of finishes, such as polished finish, flamed finish, honed finish, brushed finish, leather finish, and caress finish.

Aro Granite Industries (NSE:AROGRANITE) Headlines

No Headlines