Lux Industries (NSE:LUXIND) Interest Expense : ₹-204 Mil (TTM As of Mar. 2024)

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What is Lux Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lux Industries's interest expense for the three months ended in Mar. 2024 was ₹ -42 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-204 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. Lux Industries's Operating Income for the three months ended in Mar. 2024 was ₹ 719 Mil. Lux Industries's Interest Expense for the three months ended in Mar. 2024 was ₹ -42 Mil. Lux Industries's Interest Coverage for the quarter that ended in Mar. 2024 was 17.24. 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.

Lux Industries Interest Expense Historical Data

The historical data trend for Lux 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.

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Lux Industries Interest Expense Chart

Lux Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-184.80

-115.10

-151.50

-244.90

-204.40

Lux 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															-58.10	-58.00	-54.10	-50.60	-41.70

Lux 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 ₹-204 Mil.

Lux Industries (NSE:LUXIND) 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.

Lux Industries's Interest Expense for the three months ended in Mar. 2024 was ₹-42 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹719 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹233 Mil.

Lux 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	*	719.1	/	-41.7
	=	17.24

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

Lux Industries (NSE:LUXIND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lux Industries Ltd (NSE:LUXIND) » Definitions » Interest Expense

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539542:India

Address

P.S. Srijan Tech Park, DN - 52, Sector - V, 10th Floor, Salt Lake City, Kolkata, WB, IND, 700 091

Website

https://www.luxinnerwear.com

Lux Industries Ltd is an Indian company which is engaged in manufacturing and sales of knitwear for men, women, and children. The company's products include briefs, trunks, drawers, vests, Bermudas, t-shirts, socks, leggings, bloomer, panties, slacks and slips and winter wear. It markets its products under the brand name Lux Cozi, Lux Cozi Bigshot, Lux Venus, Lux Classic, Lux Inferno, Lux Cottswool and others. The company has one primary segment which is manufacturing and the sale of Knitwear's. Geographically, it derives a majority of its revenue from India.

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