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Indiabulls Real Estate (BOM:532832) Interest Expense : ₹-92 Mil (TTM As of Mar. 2024)


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What is Indiabulls Real Estate Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Indiabulls Real Estate's interest expense for the three months ended in Mar. 2024 was ₹ -23 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-92 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. Indiabulls Real Estate's Operating Income for the three months ended in Mar. 2024 was ₹ -3,173 Mil. Indiabulls Real Estate's Interest Expense for the three months ended in Mar. 2024 was ₹ -23 Mil. Indiabulls Real Estate 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.

Indiabulls Real Estate Interest Expense Historical Data

The historical data trend for Indiabulls Real Estate'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.

Indiabulls Real Estate Interest Expense Chart

Indiabulls Real Estate 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 -5,587.09 -2,273.43 -1,097.70 -276.40 -92.40

Indiabulls Real Estate 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 -6.80 -8.20 -25.10 -36.30 -22.80

Indiabulls Real Estate 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 ₹-92 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.

Indiabulls Real Estate  (BOM:532832) 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.

Indiabulls Real Estate's Interest Expense for the three months ended in Mar. 2024 was ₹-23 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-3,173 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹2,679 Mil.

Indiabulls Real Estate's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Indiabulls Real Estate 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.

Indiabulls Real Estate (BOM:532832) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Indiabulls Real Estate Ltd (BOM:532832) » Definitions » Interest Expense
Comparable Companies
BOM:532924 BOM:532891 BOM:526367 BOM:543249 BOM:523716 BOM:506235 BOM:503101 BOM:512179 BOM:543669 BOM:543419 HKSE:00016 HKSE:01109 HKSE:00688 SHSE:600048 TSE:1925 HKSE:01113 SZSE:000002 BOM:532868 DFM:EMAAR SZSE:001979
Traded in Other Exchanges
IBREALEST:India
Address
Dr. Annie Besant Road, WeWork Vaswani Chambers, 3rd Floor, 264-265, Municipal Colony, Worli Shivaji Nagar, Worli, Mumbai, MH, IND, 400030
Website
https://www.indiabullsrealestate.com
Indiabulls Real Estate Ltd is an India-based real estate developer. The company is involved in the construction and development of residential, commercial, and special economic zone projects across the majority of Indian metropolitan areas and London. Among other projects, the company is developing premium, high-end commercial, residential, and retail space apart from Tier 1 cities.

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