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Jaiprakash Associates (BOM:532532) Interest Expense : ₹-10,242 Mil (TTM As of Mar. 2024)


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What is Jaiprakash Associates Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jaiprakash Associates's interest expense for the three months ended in Mar. 2024 was ₹ -2,749 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-10,242 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. Jaiprakash Associates's Operating Income for the three months ended in Mar. 2024 was ₹ 62 Mil. Jaiprakash Associates's Interest Expense for the three months ended in Mar. 2024 was ₹ -2,749 Mil. Jaiprakash Associates's Interest Coverage for the quarter that ended in Mar. 2024 was 0.02. 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.


Jaiprakash Associates Interest Expense Historical Data

The historical data trend for Jaiprakash Associates'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.

Jaiprakash Associates Interest Expense Chart

Jaiprakash Associates 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 -10,639.00 -10,038.50 -9,536.10 -10,358.50 -10,241.50

Jaiprakash Associates 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 -1,739.00 -2,255.10 -2,532.70 -2,705.00 -2,748.70

Jaiprakash Associates 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 ₹-10,242 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.


Jaiprakash Associates  (BOM:532532) 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.

Jaiprakash Associates's Interest Expense for the three months ended in Mar. 2024 was ₹-2,749 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹62 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹123,033 Mil.

Jaiprakash Associates'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*61.8/-2748.7
=0.02

* 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.


Jaiprakash Associates (BOM:532532) Business Description

Traded in Other Exchanges
Address
Site-IV Industrial Area, 64/4, Sahibabad, Ghaziabad, UP, IND, 201010
Jaiprakash Associates Ltd is a company that is primarily engaged in six segments. The engineering and construction segment focuses on constructing river valley and hydropower projects on a turnkey basis. The cement segment manufactures and distributes Portland Pozzolana cement under the brand name Jaypee Cement. The Hotel / Hospitality & Golf Course segment is engaged in managing Hotels, Golf Course, Resorts & Spa. The power segment generates, distributes, and transmits power. The real estate segment is engaged in developing residential projects, sports facilities, golf resorts, and so on. The Investments segment is engaged in Investments in Subsidiaries, Associates and Others. Others Includes Waste Treatment Plant, Heavy Engineering Works, Hitech Castings, Man Power Supply etc.

Jaiprakash Associates (BOM:532532) Headlines

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