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Phoenix Mills (BOM:503100) Interest Expense : ₹-4,099 Mil (TTM As of Sep. 2024)


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What is Phoenix Mills Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Phoenix Mills's interest expense for the three months ended in Sep. 2024 was ₹ -1,031 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-4,099 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. Phoenix Mills's Operating Income for the three months ended in Sep. 2024 was ₹ 4,402 Mil. Phoenix Mills's Interest Expense for the three months ended in Sep. 2024 was ₹ -1,031 Mil. Phoenix Mills's Interest Coverage for the quarter that ended in Sep. 2024 was 4.27. 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.

Phoenix Mills Interest Expense Historical Data

The historical data trend for Phoenix Mills'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.

Phoenix Mills Interest Expense Chart

Phoenix Mills Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3,440.69 -3,460.74 -2,922.54 -3,411.83 -3,958.68

Phoenix Mills Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -964.80 -1,041.85 -995.48 -1,031.06 -1,031.01

Phoenix Mills 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-4,099 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.

Phoenix Mills  (BOM:503100) 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.

Phoenix Mills's Interest Expense for the three months ended in Sep. 2024 was ₹-1,031 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₹4,402 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₹39,089 Mil.

Phoenix Mills's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*4401.508/-1031.009
=4.27

* 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.

Phoenix Mills Business Description

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PHOENIXLTD:India
Address
Off. Dr. E. Moses Road, R. R. Hosiery Building, 2nd Floor, Shree Laxmi Woollen Mills Estate, Mahalaxmi, Mumbai, MH, IND, 400 011
Website
https://www.thephoenixmills.com
Phoenix Mills Ltd is a real estate development company operating in India. The group's development plan includes converting land underlying abandoned mills into modern, multi-use, integrated property. The group is involved in all aspects of development, including planning, construction, and marketing, as well as management, maintenance, and sales of the complete development. It has three segments: The Property and related services segment that derives maximum revenue, provides mall /office areas on a license basis and development of commercial/residential properties. The Hospitality segment engages in the operation of hotels and restaurants. The Residential Business segment includes sale of residential properties.

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