GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Fortis Malar Hospitals Ltd (BOM:523696) » Definitions » Interest Expense

Fortis Malar Hospitals (BOM:523696) Interest Expense : ₹-4.05 Mil (TTM As of Dec. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Fortis Malar Hospitals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fortis Malar Hospitals's interest expense for the three months ended in Dec. 2024 was ₹ -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-4.05 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. Fortis Malar Hospitals's Operating Income for the three months ended in Dec. 2024 was ₹ -4.09 Mil. Fortis Malar Hospitals's Interest Expense for the three months ended in Dec. 2024 was ₹ -0.04 Mil. Fortis Malar Hospitals 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.

Fortis Malar Hospitals Interest Expense Historical Data

The historical data trend for Fortis Malar Hospitals'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.

Fortis Malar Hospitals Interest Expense Chart

Fortis Malar Hospitals 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 -78.08 -71.99 -65.58 -60.71 -43.05

Fortis Malar Hospitals 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 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 -12.60 -3.95 -0.06 - -0.04

Fortis Malar Hospitals 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 ₹-4.05 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.

Fortis Malar Hospitals  (BOM:523696) 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.

Fortis Malar Hospitals's Interest Expense for the three months ended in Dec. 2024 was ₹-0.04 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹-4.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0.00 Mil.

Fortis Malar Hospitals's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Fortis Malar Hospitals 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.

Fortis Malar Hospitals Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Fortis Malar Hospitals Ltd (BOM:523696) » Definitions » Interest Expense
Comparable Companies
BOM:532998 NSE:SANGANI BOM:530897 BOM:539428 NSE:AATMAJ BOM:543943 BOM:544013 BOM:524548 BOM:516110 BOM:523489 HCA SAU:4013 XTER:FRE SZSE:300015 XKLS:5225 XTER:FME THC UHS BSP:RDOR3 DVA
Traded in Other Exchanges
N/A
Address
Fortis Hospital, Sector 62, Phase VIII, Mohali, PB, IND, 160062
Website
http://www.fortismalarhospital.com
Fortis Malar Hospitals Ltd is an India-based company engaged in the provision of healthcare services. It focuses on providing medical care in the areas of cardiology and cardiac surgery, neurosurgery, gynecology, orthopedics, gastroenterology, neurology, pediatrics, diabetics, nephrology, and internal medicine. The company provides healthcare services in various branches of medicine such as general surgery, general medicine, pediatrics, neurology, cardiology, ophthalmology, radiology, pathology, gastroenterology, urology, thoracic surgery, plastic surgery, and other allied specialties. It operates in one business namely in the health care services.

Fortis Malar Hospitals Headlines

No Headlines