Indus Towers (BOM:534816) Interest Expense : ₹-18,638 Mil (TTM As of Mar. 2024)

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What is Indus Towers Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Indus Towers's interest expense for the three months ended in Mar. 2024 was ₹ -4,636 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-18,638 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. Indus Towers's Operating Income for the three months ended in Mar. 2024 was ₹ 25,381 Mil. Indus Towers's Interest Expense for the three months ended in Mar. 2024 was ₹ -4,636 Mil. Indus Towers's Interest Coverage for the quarter that ended in Mar. 2024 was 5.47. 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.

Indus Towers Interest Expense Historical Data

The historical data trend for Indus Towers'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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Indus Towers Interest Expense Chart

Indus Towers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-3,346.00

-8,358.00

-16,033.00

-16,704.00

-18,638.00

Indus Towers 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															-4,158.00	-4,281.00	-4,586.00	-5,135.00	-4,636.00

Indus Towers 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 ₹-18,638 Mil.

Indus Towers (BOM:534816) 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.

Indus Towers's Interest Expense for the three months ended in Mar. 2024 was ₹-4,636 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹25,381 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹153,246 Mil.

Indus Towers'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	*	25381	/	-4636
	=	5.47

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

Indus Towers (BOM:534816) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Indus Towers Ltd (BOM:534816) » Definitions » Interest Expense

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INDUSTOWER:India

Address

DLF Cyber City, 4th Floor, Building No. 10, Tower A, Gurugram, HR, IND, 122002

Website

https://www.industowers.com

Indus Towers Ltd Ltd is a telecommunications tower infrastructure service provider. The company deploys, owns, and manages telecom towers and communication structures for mobile operators. The company acquires and builds towers, while also owning and operating telecom towers and related infrastructure. The company primarily generates revenue through a rental fee to tenants of mobile towers. Energy costs such as electricity and fuel charts are usually passed through to tenants. The company generates the vast majority of its revenue in India. The company's assets are located in India and are often ground-based and rooftop towers.

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