What is CESC Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CESC's interest expense for the
three
months ended in Mar. 2024 was ₹ -2,250 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-12,010 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. CESC's Operating Income for the
three
months ended in Mar. 2024 was ₹ -12,240 Mil. CESC's Interest Expense for the
three
months ended in Mar. 2024 was ₹ -2,250 Mil.
CESC 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.
CESC Interest Expense Historical Data
The historical data trend for CESC'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.
CESC Interest Expense Chart
|
CESC Annual Data
|
|
Trend |
Mar15 |
Mar16 |
Mar17 |
Mar18 |
Mar19 |
Mar20 |
Mar21 |
Mar22 |
Mar23 |
Mar24 |
| Interest Expense |
|
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|
|
|
-14,379.10 |
-12,810.70 |
-11,784.10 |
-11,170.00 |
-12,340.00 |
|
CESC Quarterly Data
|
|
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
Mar24 |
| Interest Expense |
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|
|
|
|
|
|
|
|
|
|
|
|
|
-1,990.00 |
-3,410.00 |
-3,050.00 |
-3,300.00 |
-2,250.00 |
CESC 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 ₹-12,010 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.
CESC (BOM:500084) 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.
CESC's Interest Expense for the
three
months ended in Mar. 2024 was ₹-2,250 Mil. Its
Operating Income
for the
three
months ended in Mar. 2024 was ₹-12,240 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Mar. 2024 was ₹110,040 Mil.
CESC's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as
| CESC 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.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. CESC Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.
CESC (BOM:500084) Business Description
Traded in Other Exchanges
Address
CESC House, Chowringhee Square, Kolkata, WB, IND, 700 001
CESC Ltd is an Indian power utility company engaged in the generation and distribution of electricity. The company owns and operates a portfolio of energy-generating facilities that primarily utilize thermal fuel sources, such as coal. CESC sources its coal mainly from Indian mines either allocated to it by the Government of India or purchased in the marketplace. The company has also made efforts to expand its capacity through renewable energy sites that employ wind, hydro, and solar power. CESC generates the vast majority of its revenue from the sale of electricity to consumer households and commercial establishments in the state of West Bengal in India. Through its subsidiaries, the company is also involved in the retail, business process management, and infrastructure sectors.
CESC (BOM:500084) Headlines
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