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Reliance Industrial Infrastructure (BOM:523445) Interest Expense : ₹0.0 Mil (TTM As of Mar. 2024)


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What is Reliance Industrial Infrastructure Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Reliance Industrial Infrastructure's interest expense for the three months ended in Mar. 2024 was ₹ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹0.0 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. Reliance Industrial Infrastructure's Operating Income for the three months ended in Mar. 2024 was ₹ -22.6 Mil. Reliance Industrial Infrastructure's Interest Expense for the three months ended in Mar. 2024 was ₹ 0.0 Mil. Reliance Industrial Infrastructure has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Reliance Industrial Infrastructure Interest Expense Historical Data

The historical data trend for Reliance Industrial Infrastructure'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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Reliance Industrial Infrastructure Interest Expense Chart

Reliance Industrial Infrastructure Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
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Reliance Industrial Infrastructure Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Reliance Industrial Infrastructure 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 ₹0.0 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.

Reliance Industrial Infrastructure  (BOM:523445) 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.

Reliance Industrial Infrastructure's Interest Expense for the three months ended in Mar. 2024 was ₹0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-22.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹0.0 Mil.

Reliance Industrial Infrastructure's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Reliance Industrial Infrastructure had no long-term debt (1).

* 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.

Good Sign:

Reliance Industrial Infrastructure Ltd has no debt.

Reliance Industrial Infrastructure Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Reliance Industrial Infrastructure Ltd (BOM:523445) » Definitions » Interest Expense
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Traded in Other Exchanges
RIIL:India
Address
Babubhai Chinai Road, 5th Floor, NKM International House, 178 Backbay Reclamation, Behind LIC Yogakshema Building, Mumbai, MH, IND, 400 020
Website
https://www.riil.in
Reliance Industrial Infrastructure Ltd is engaged in the business of setting up and operating industrial infrastructure. The company is also engaged in related activities involving leasing and providing services connected with computer software and data processing. Its revenue from operations includes Product Transportation Services, Hiring Construction Machinery, IT Support Services, and Others.

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