Thakkers Developers (BOM:526654) Interest Expense : ₹-10.5 Mil (TTM As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Thakkers Developers Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Thakkers Developers's interest expense for the three months ended in Dec. 2023 was ₹ -3.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-10.5 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. Thakkers Developers's Operating Income for the three months ended in Dec. 2023 was ₹ -1.0 Mil. Thakkers Developers's Interest Expense for the three months ended in Dec. 2023 was ₹ -3.4 Mil. Thakkers Developers 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.

Thakkers Developers Interest Expense Historical Data

The historical data trend for Thakkers Developers'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.

Thakkers Developers Interest Expense Chart

Thakkers Developers Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

Get a 7-Day Free Trial

-23.63

-16.89

-5.38

-1.45

-3.41

Thakkers Developers 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															-0.77	-2.47	-2.47	-2.18	-3.40

Thakkers Developers 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 ₹-10.5 Mil.

Thakkers Developers (BOM:526654) 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.

Thakkers Developers's Interest Expense for the three months ended in Dec. 2023 was ₹-3.4 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹-1.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹162.8 Mil.

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

Thakkers Developers did not have earnings to cover the interest expense.

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

Thakkers Developers (BOM:526654) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Thakkers Developers Ltd (BOM:526654) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Modi Street, 37/39, Kantol Niwas, Fort, Mumbai, MH, IND, 400 001

Website

http://www.thakkersdevelopers.com

Thakkers Developers Ltd is an India-based company engaged in construction and real estate development activities. Its segments include Construction and Contract Related Activity and Estate Dealing and Development Activity. It has plots under divisions including industrial, commercial, residential, and agricultural. Richmond Heights, Indigo park, Purab Pashchim plaza, and Thakkers majesty are a few of the company's projects. It generates key revenue from Construction and Contract Related Activity.

Thakkers Developers (BOM:526654) Headlines

No Headlines