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Khaitan Chemicals & Fertilizers (NSE:KHAICHEM) Interest Expense : ₹-317 Mil (TTM As of Mar. 2024)


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What is Khaitan Chemicals & Fertilizers Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Khaitan Chemicals & Fertilizers's interest expense for the three months ended in Mar. 2024 was ₹ -85 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-317 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. Khaitan Chemicals & Fertilizers's Operating Income for the three months ended in Mar. 2024 was ₹ -329 Mil. Khaitan Chemicals & Fertilizers's Interest Expense for the three months ended in Mar. 2024 was ₹ -85 Mil. Khaitan Chemicals & Fertilizers did not have earnings to cover the interest expense. 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.

Khaitan Chemicals & Fertilizers Interest Expense Historical Data

The historical data trend for Khaitan Chemicals & Fertilizers'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.

Khaitan Chemicals & Fertilizers Interest Expense Chart

Khaitan Chemicals & Fertilizers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -144.94 -120.92 -109.88 -193.14 -316.98

Khaitan Chemicals & Fertilizers 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 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 -46.42 -68.33 -77.64 -85.60 -85.40

Khaitan Chemicals & Fertilizers 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 ₹-317 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.

Khaitan Chemicals & Fertilizers  (NSE:KHAICHEM) 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.

Khaitan Chemicals & Fertilizers's Interest Expense for the three months ended in Mar. 2024 was ₹-85 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-329 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹219 Mil.

Khaitan Chemicals & Fertilizers's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Khaitan Chemicals & Fertilizers did not have earnings to cover the interest expense.

* 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.

Khaitan Chemicals & Fertilizers (NSE:KHAICHEM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Khaitan Chemicals & Fertilizers Ltd (NSE:KHAICHEM) » Definitions » Interest Expense
Comparable Companies
BOM:531862 BOM:534742 BOM:532067 BOM:543531 NSE:OSWALSEEDS BOM:539917 BOM:541304 BOM:524037 BOM:543687 BOM:537291 CTVA TSX:NTR SAU:2020 CF SZSE:000792 MOS MIC:PHOR OSL:YAR MIC:AKRN FMC
Traded in Other Exchanges
507794:India
Address
Nipania Main Road, The B Zone, 7th Floor, Pipliya Kumar, Indore, MP, IND, 453771
Website
https://www.kcfl.co.in
Khaitan Chemicals & Fertilizers Ltd is a manufacturer of straight inorganic fertilizers. The company is mainly engaged in the manufacturing of Single Super Phosphate, Sulphuric Acid, and Soya Edible Oil. The segments of the group are Fertilizers and Chemicals and Speciality Chemicals, and others. The products of the company are sold under the brand name Khaitan and Utsav. The Fertilizer and Chemical division of the company is the main contributor to the company's turnover.

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