Indowind Energy (BOM:532894) Interest Expense : ₹-42.7 Mil (TTM As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Indowind Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Indowind Energy's interest expense for the three months ended in Mar. 2024 was ₹ -4.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-42.7 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. Indowind Energy's Operating Income for the three months ended in Mar. 2024 was ₹ 4.7 Mil. Indowind Energy's Interest Expense for the three months ended in Mar. 2024 was ₹ -4.4 Mil. Indowind Energy's Interest Coverage for the quarter that ended in Mar. 2024 was 1.08. 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.

Indowind Energy Interest Expense Historical Data

The historical data trend for Indowind Energy'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.

Indowind Energy Interest Expense Chart

Indowind Energy Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-52.90

-20.53

-18.92

-22.00

-42.74

Indowind Energy 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															-4.32	-13.09	-18.70	-6.56	-4.40

Indowind Energy 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 ₹-42.7 Mil.

Indowind Energy (BOM:532894) 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.

Indowind Energy's Interest Expense for the three months ended in Mar. 2024 was ₹-4.4 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹4.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹373.3 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	4.729	/	-4.399
	=	1.08

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

Indowind Energy (BOM:532894) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Indowind Energy Ltd (BOM:532894) » Definitions » Interest Expense

Traded in Other Exchanges

INDOWIND:India

Address

114, Mahatma Gandhi Road, Kothari Buildings, 4th Floor, Nungambakkam, Chennai, TN, IND, 600034

Website

https://www.indowind.com

Indowind Energy Ltd is an independent power producer in the renewable energy field generating green power through dedicated wind farms and also offering allied services in the wind energy sector. It offers the following services to various stakeholders in the power industry - green power sale, project management services, asset management services, and value addition services. The company generates its revenue from the sale of power.

Indowind Energy (BOM:532894) Headlines

No Headlines