Kolte-Patil Developers (BOM:532924) Interest Expense : ₹-979 Mil (TTM As of Mar. 2024)

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

What is Kolte-Patil Developers Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kolte-Patil Developers's interest expense for the three months ended in Mar. 2024 was ₹ -210 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-979 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. Kolte-Patil Developers's Operating Income for the three months ended in Mar. 2024 was ₹ -107 Mil. Kolte-Patil Developers's Interest Expense for the three months ended in Mar. 2024 was ₹ -210 Mil. Kolte-Patil 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.

Kolte-Patil Developers Interest Expense Historical Data

The historical data trend for Kolte-Patil 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.

* Premium members only.

Kolte-Patil Developers Interest Expense Chart

Kolte-Patil Developers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-758.50

-646.40

-500.30

-406.70

-978.60

Kolte-Patil 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															-64.30	-366.10	-94.40	-308.20	-209.90

Kolte-Patil 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 ₹-979 Mil.

Kolte-Patil Developers (BOM:532924) 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.

Kolte-Patil Developers's Interest Expense for the three months ended in Mar. 2024 was ₹-210 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-107 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹2,500 Mil.

Kolte-Patil Developers's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Kolte-Patil Developers did not have earnings to cover the interest expense.

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Kolte-Patil Developers Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Kolte-Patil Developers (BOM:532924) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kolte-Patil Developers Ltd (BOM:532924) » Definitions » Interest Expense

Traded in Other Exchanges

KOLTEPATIL:India

Address

Dhole Patil Road, 2nd Floor, City Point, Pune, MH, IND, 411001

Website

https://www.koltepatil.com

Kolte-Patil Developers Ltd is a real estate company. It is engaged in the construction of residential, commercial, IT Parks, and integrated townships. The company is also engaged in renting immovable properties and providing project management services for managing and developing real estate projects. Some of its projects include Life Republic, Ivy Estate, Green Olive, Tuskan Parkland, etc. The company operates in one geographical segment which is within India.

Kolte-Patil Developers (BOM:532924) Headlines

No Headlines