Adani Energy Solutions (BOM:539254) Interest Expense : ₹-26,053 Mil (TTM As of Dec. 2023)

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What is Adani Energy Solutions Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Adani Energy Solutions's interest expense for the three months ended in Dec. 2023 was ₹ -7,600 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-26,053 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. Adani Energy Solutions's Operating Income for the three months ended in Dec. 2023 was ₹ 10,697 Mil. Adani Energy Solutions's Interest Expense for the three months ended in Dec. 2023 was ₹ -7,600 Mil. Adani Energy Solutions's Interest Coverage for the quarter that ended in Dec. 2023 was 1.41. 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.

Adani Energy Solutions Interest Expense Historical Data

The historical data trend for Adani Energy Solutions'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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Adani Energy Solutions Interest Expense Chart

Adani Energy Solutions Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-13,477.70

-21,776.60

-18,929.60

-23,439.20

-27,397.50

Adani Energy Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-6,970.90	-5,887.70	-6,156.70	-6,408.10	-7,600.40

Adani Energy Solutions 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-26,053 Mil.

Adani Energy Solutions (BOM:539254) 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.

Adani Energy Solutions's Interest Expense for the three months ended in Dec. 2023 was ₹-7,600 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹10,697 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

Adani Energy Solutions's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	10697.1	/	-7600.4
	=	1.41

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

Adani Energy Solutions (BOM:539254) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Adani Energy Solutions Ltd (BOM:539254) » Definitions » Interest Expense

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ADANIENSOL:India

Address

S G Highway, Adani Corporate House, Shantigram, Near Vaishno Devi Circle, Khodiyar, Ahmedabad, GJ, IND, 382421

Website

https://www.adanitransmission.com

Adani Energy Solutions Ltd Formerly Adani Transmission Ltd is a power transmission company in India. It is involved in the business activity of transmission of electric energy. The company is also engaged in the trading of Agri commodities business. The operating segments of the company are the Transmission segment which involves power transmission activities; the Trading segment; Mumbai GTD Business. It derives a majority of revenue from the Mumbai GTD Business segment. The company operates in India.

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