Indian Hotels Co (BOM:500850) Interest Expense : ₹-1,637 Mil (TTM As of Mar. 2024)

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What is Indian Hotels Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Indian Hotels Co's interest expense for the three months ended in Mar. 2024 was ₹ -515 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-1,637 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. Indian Hotels Co's Operating Income for the three months ended in Mar. 2024 was ₹ 5,401 Mil. Indian Hotels Co's Interest Expense for the three months ended in Mar. 2024 was ₹ -515 Mil. Indian Hotels Co's Interest Coverage for the quarter that ended in Mar. 2024 was 10.49. 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.

Indian Hotels Co Interest Expense Historical Data

The historical data trend for Indian Hotels Co'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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Indian Hotels Co Interest Expense Chart

Indian Hotels Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-3,411.20

-4,028.20

-4,276.60

-2,360.50

-2,202.20

Indian Hotels Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-567.20	-569.80	-590.50	-531.60	-515.00

Indian Hotels Co 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 ₹-1,637 Mil.

Indian Hotels Co (BOM:500850) 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.

Indian Hotels Co's Interest Expense for the three months ended in Mar. 2024 was ₹-515 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹5,401 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹24,714 Mil.

Indian Hotels Co'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	*	5400.7	/	-515
	=	10.49

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

Indian Hotels Co (BOM:500850) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Indian Hotels Co Ltd (BOM:500850) » Definitions » Interest Expense

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INDHOTEL:India

Address

Barrister Rajni Patel Marg, 9th Floor, Express Towers, Nariman Point, Mumbai, MH, IND, 400 021

Website

https://www.ihcltata.com

Indian Hotels Co Ltd is an owner and operator of hotels and resorts, domiciled in India. The company operates its hotels and resorts under the Taj Hotels Resorts and Palaces brand. Indian Hotels reports revenue across six business lines: room income; food, restaurants, and banquet income; shop rentals; membership fees; management and operating fees; and others. Room income is the most contributor to company revenue, followed by food, restaurants, and banquet income. Together, these two segments represent the vast majority of company revenue. Indian Hotels derives the majority of its revenue domestically.

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