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Maruti Infrastructure (BOM:531540) Interest Expense : ₹-10.9 Mil (TTM As of Mar. 2024)


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What is Maruti Infrastructure Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Maruti Infrastructure's interest expense for the three months ended in Mar. 2024 was ₹ -5.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-10.9 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. Maruti Infrastructure's Operating Income for the three months ended in Mar. 2024 was ₹ -5.3 Mil. Maruti Infrastructure's Interest Expense for the three months ended in Mar. 2024 was ₹ -5.7 Mil. Maruti Infrastructure 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.


Maruti Infrastructure Interest Expense Historical Data

The historical data trend for Maruti 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.

* Premium members only.

Maruti Infrastructure Interest Expense Chart

Maruti Infrastructure 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 -3.87 -6.36 -8.04 -11.28 -10.90

Maruti Infrastructure Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -4.23 -1.55 -2.14 -1.53 -5.68

Maruti 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 ₹-10.9 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.


Maruti Infrastructure  (BOM:531540) 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.

Maruti Infrastructure's Interest Expense for the three months ended in Mar. 2024 was ₹-5.7 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-5.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹301.3 Mil.

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

Maruti Infrastructure 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.


Maruti Infrastructure (BOM:531540) Business Description

Traded in Other Exchanges
N/A
Address
S. G. Highway, 802, Surmount Building, Near Iscon Temple, Opposite Iscon Mega Mall, Ahmedabad, GJ, IND, 380 015
Maruti Infrastructure Ltd is engaged in the development and construction of infrastructure projects. The company's projects include Aaron Elegance; Ward Office Building and others. It generates revenue from the Development of Real Estate projects with the construction and Development of Infrastructure Projects.

Maruti Infrastructure (BOM:531540) Headlines

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