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Reliance Communications (BOM:532712) Interest Expense : ₹-470 Mil (TTM As of Mar. 2024)


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What is Reliance Communications Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Reliance Communications's interest expense for the three months ended in Mar. 2024 was ₹ -100 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-470 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 Communications's Operating Income for the three months ended in Mar. 2024 was ₹ -310 Mil. Reliance Communications's Interest Expense for the three months ended in Mar. 2024 was ₹ -100 Mil. Reliance Communications 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.


Reliance Communications Interest Expense Historical Data

The historical data trend for Reliance Communications'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.

Reliance Communications Interest Expense Chart

Reliance Communications 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 -430.00 -480.00 -470.00 -470.00 -470.00

Reliance Communications 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 -110.00 -120.00 -110.00 -140.00 -100.00

Reliance Communications 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 ₹-470 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 Communications  (BOM:532712) 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 Communications's Interest Expense for the three months ended in Mar. 2024 was ₹-100 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-310 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹4,360 Mil.

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

Reliance Communications 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.


Reliance Communications (BOM:532712) Business Description

Traded in Other Exchanges
Address
H Block, 1st Floor, Thane Belapur Road, Dhirubhai Ambani Knowledge City, Koparkhairane, Navi Mumbai, MH, IND, 400 710
Reliance Communications Ltd is a triple-play telecommunications company that provides mobile, voice, and broadband services in two segments: India Operations and global Operations. The India Operations segment accounts for the majority of overall company revenue and includes wireless, mobile, and satellite TV services to Indian retail customers as well as voice, broadband access services to enterprises. The global Operations segment offers international data and network services, enterprise services, and data services to global customers. These services are offered over the group's owned submarine cable infrastructure and Indian fiber network. Additionally, Reliance Communications owns mobile phone tower infrastructure.

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