Indraprastha Medical (NSE:INDRAMEDCO) Interest Expense : ₹5 Mil (TTM As of Dec. 2023)

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What is Indraprastha Medical Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Indraprastha Medical's interest expense for the three months ended in Dec. 2023 was ₹ -9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹5 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. Indraprastha Medical's Operating Income for the three months ended in Dec. 2023 was ₹ 373 Mil. Indraprastha Medical's Interest Expense for the three months ended in Dec. 2023 was ₹ -9 Mil. Indraprastha Medical's Interest Coverage for the quarter that ended in Dec. 2023 was 42.84. 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.

Indraprastha Medical Interest Expense Historical Data

The historical data trend for Indraprastha Medical'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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Indraprastha Medical Interest Expense Chart

Indraprastha Medical Annual Data

Trend

Mar14

Mar15

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Mar23

Interest Expense

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-30.01

-11.31

-33.40

-6.10

-4.60

Indraprastha Medical Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-8.70	29.50	-7.80	-8.50	-8.70

Indraprastha Medical 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹5 Mil.

Indraprastha Medical (NSE:INDRAMEDCO) 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.

Indraprastha Medical's Interest Expense for the three months ended in Dec. 2023 was ₹-9 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹373 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

Indraprastha Medical's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	372.7	/	-8.7
	=	42.84

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

Indraprastha Medical (NSE:INDRAMEDCO) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Indraprastha Medical Corp Ltd (NSE:INDRAMEDCO) » Definitions » Interest Expense

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532150:India

Address

Delhi-Mathura Road, Sarita Vihar, New Delhi, IND, 110 076

Website

https://delhi.apollohospitals.com

Indraprastha Medical Corp Ltd is an Indian company that operates in the healthcare business. It offers services in the field of anaesthesiology, pediatrics, bone marrow transplant, dental surgery, neonatology, dermatology, obesity, and metabolic surgery, orthopaedics, robotic surgery, spine surgery and in many other areas. The company also provides diagnosis, treatment, and management of various hormonal disorders; and inpatient and ambulatory care services. Geographically all the business activities of the group are carried out through the regions of India. It derives revenue from the provision of services.

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