Mahindra Lifespace Developers (BOM:532313) Interest Expense : ₹-74 Mil (TTM As of Mar. 2024)

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What is Mahindra Lifespace Developers Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mahindra Lifespace Developers's interest expense for the three months ended in Mar. 2024 was ₹ -26 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-74 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. Mahindra Lifespace Developers's Operating Income for the three months ended in Mar. 2024 was ₹ -579 Mil. Mahindra Lifespace Developers's Interest Expense for the three months ended in Mar. 2024 was ₹ -26 Mil. Mahindra Lifespace Developers 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.

Mahindra Lifespace Developers Interest Expense Historical Data

The historical data trend for Mahindra Lifespace Developers'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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Mahindra Lifespace Developers Interest Expense Chart

Mahindra Lifespace Developers Annual Data

Trend

Mar15

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Mar17

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Mar24

Interest Expense

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-62.96

-93.57

-64.66

-109.10

-73.90

Mahindra Lifespace Developers 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															-33.60	-42.10	-2.40	-3.30	-26.10

Mahindra Lifespace Developers 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 ₹-74 Mil.

Mahindra Lifespace Developers (BOM:532313) 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.

Mahindra Lifespace Developers's Interest Expense for the three months ended in Mar. 2024 was ₹-26 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-579 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹6,513 Mil.

Mahindra Lifespace Developers's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Mahindra Lifespace Developers did not have earnings to cover the interest expense.

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

Mahindra Lifespace Developers (BOM:532313) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mahindra Lifespace Developers Ltd (BOM:532313) » Definitions » Interest Expense

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MAHLIFE:India

Address

Dr. G. M. Bhosale Marg, Mahindra Towers, 5th Floor, Worli, Mumbai, MH, IND, 400 018

Website

https://www.mahindralifespaces.com

Mahindra Lifespace Developers Ltd is an India-based real estate development company. The firm, along with its subsidiary companies, is engaged in the development of residential projects and integrated large-format development. Its residential offering comprises mid-premium segment housing as well as affordable housing. It operates in two business segments including Operating of Commercial complexes and Projects, project management, and development segment. Operating of commercial complexes includes rental income from commercial properties. A project, project management, and development segment include income from the sale of residential units.

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