Welspun Enterprises (NSE:WELENT) Interest Expense : ₹-1,098 Mil (TTM As of Mar. 2024)

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What is Welspun Enterprises Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Welspun Enterprises's interest expense for the three months ended in Mar. 2024 was ₹ -283 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-1,098 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. Welspun Enterprises's Operating Income for the three months ended in Mar. 2024 was ₹ 1,021 Mil. Welspun Enterprises's Interest Expense for the three months ended in Mar. 2024 was ₹ -283 Mil. Welspun Enterprises's Interest Coverage for the quarter that ended in Mar. 2024 was 3.60. 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.

Welspun Enterprises Interest Expense Historical Data

The historical data trend for Welspun Enterprises'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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Welspun Enterprises Interest Expense Chart

Welspun Enterprises Annual Data

Trend

Mar15

Mar16

Mar17

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Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-676.70

-1,008.20

-672.90

-1,187.60

-1,097.90

Welspun Enterprises 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															-365.10	-267.10	-266.40	-281.00	-283.40

Welspun Enterprises 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 ₹-1,098 Mil.

Welspun Enterprises (NSE:WELENT) 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.

Welspun Enterprises's Interest Expense for the three months ended in Mar. 2024 was ₹-283 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹1,021 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹5,636 Mil.

Welspun Enterprises'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	*	1020.6	/	-283.4
	=	3.60

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

Welspun Enterprises (NSE:WELENT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Welspun Enterprises Ltd (NSE:WELENT) » Definitions » Interest Expense

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532553:India

Address

Senapati Bapat Marg, Welspun House, Kamala Mills Compound, Lower Parel (west), Mumbai, MH, IND, 400 013

Website

https://www.welspunenterprises.com

Welspun Enterprises Ltd is an India based company, engaged in the infrastructure (road and water) business. Through its subsidiaries, the company operates through the segments of Infrastructure and Oil and Gas. The company has developed and operates public-private partnership (PPP) projects in various sectors, such as roads, water, and urban infrastructure. The firm generates maximum revenue from the Infrastructure segment which involves undertaking of road construction and water supply projects.

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