Neo Infracon (BOM:514332) Interest Expense : ₹-7.51 Mil (TTM As of Dec. 2024)

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What is Neo Infracon Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Neo Infracon's interest expense for the three months ended in Dec. 2024 was ₹ -2.97 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-7.51 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. Neo Infracon's Operating Income for the three months ended in Dec. 2024 was ₹ 4.45 Mil. Neo Infracon's Interest Expense for the three months ended in Dec. 2024 was ₹ -2.97 Mil. Neo Infracon's Interest Coverage for the quarter that ended in Dec. 2024 was 1.50. 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.

Neo Infracon Interest Expense Historical Data

The historical data trend for Neo Infracon'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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Neo Infracon Interest Expense Chart

Neo Infracon Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-13.63

-9.44

-9.19

-7.27

-5.69

Neo Infracon Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-1.83	-1.42	-3.09	-0.03	-2.97

Neo Infracon 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-7.51 Mil.

Neo Infracon (BOM:514332) 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.

Neo Infracon's Interest Expense for the three months ended in Dec. 2024 was ₹-2.97 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹4.45 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0.00 Mil.

Neo Infracon's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	4.449	/	-2.973
	=	1.50

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

Neo Infracon Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Neo Infracon Ltd (BOM:514332) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

M.S.Ali Road, 1st Floor, 103 &104, Sarah Heights Building, Situated at 322 B, Grant Road, Mumbai, MH, IND, 400007

Website

https://www.neoinfraconltd.com

Neo Infracon Ltd is a real estate development company. It is developing affordable houses in town areas of Mumbai. The company is mainly dealing with construction services in respect of commercial, industrial buildings, and residential complexes. Geographically, the activities are carried out through the region of India. The company generates the majority of its revenue from Sub contract sales. The company's project consists of Neo Clarissa, Amity, Neo Residency, Neo Pearl, Ankush Apartment, Akashdeep, and Deshmukh lane.

Neo Infracon Headlines

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