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Prozone Realty (BOM:534675) Interest Expense : ₹-331 Mil (TTM As of Dec. 2024)


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What is Prozone Realty Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Prozone Realty's interest expense for the three months ended in Dec. 2024 was ₹ -96 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-331 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. Prozone Realty's Operating Income for the three months ended in Dec. 2024 was ₹ 113 Mil. Prozone Realty's Interest Expense for the three months ended in Dec. 2024 was ₹ -96 Mil. Prozone Realty's Interest Coverage for the quarter that ended in Dec. 2024 was 1.17. 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.


Prozone Realty Interest Expense Historical Data

The historical data trend for Prozone Realty'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.

Prozone Realty Interest Expense Chart

Prozone Realty 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 -387.28 -402.92 -389.91 -399.88 -385.75

Prozone Realty Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -130.62 -45.00 -87.77 -101.95 -96.45

Prozone Realty 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-331 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.


Prozone Realty  (BOM:534675) 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.

Prozone Realty's Interest Expense for the three months ended in Dec. 2024 was ₹-96 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹113 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Prozone Realty's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*113.144/-96.445
=1.17

* 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.

Warning Sign:

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


Prozone Realty Business Description

Traded in Other Exchanges
Address
Off New Link Road, 105/106, Ground Floor, Dream Square, Dalia Industrial Estate, Andheri (West), Mumbai, MH, IND, 400053
Prozone Realty Ltd is a real estate development company. The company owns, designs, develops and operates shopping malls, and commercial and residential real estate. It also provides related management consultancy services. The company's operating segment includes Leasing and Outright sales. It generates majority revenue from the Leasing segment.

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