ICICI Securities (BOM:541179) Interest Expense : ₹-9,870 Mil (TTM As of Mar. 2024)

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What is ICICI Securities Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ICICI Securities's interest expense for the three months ended in Mar. 2024 was ₹ -3,266 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-9,870 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. ICICI Securities's Operating Income for the three months ended in Mar. 2024 was ₹ 10,453 Mil. ICICI Securities's Interest Expense for the three months ended in Mar. 2024 was ₹ -3,266 Mil. ICICI Securities's Interest Coverage for the quarter that ended in Mar. 2024 was 3.20. 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.

ICICI Securities Interest Expense Historical Data

The historical data trend for ICICI Securities'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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ICICI Securities Interest Expense Chart

ICICI Securities Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-848.80

-1,044.80

-2,690.60

-5,362.90

-9,869.50

ICICI Securities 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															-1,746.70	-1,846.10	-2,150.50	-2,606.50	-3,266.40

ICICI Securities 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 ₹-9,870 Mil.

ICICI Securities (BOM:541179) 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.

ICICI Securities's Interest Expense for the three months ended in Mar. 2024 was ₹-3,266 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹10,453 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹168,759 Mil.

ICICI Securities'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	*	10453.1	/	-3266.4
	=	3.20

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

ICICI Securities (BOM:541179) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » ICICI Securities Ltd (BOM:541179) » Definitions » Interest Expense

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ISEC:India

Address

Shree Sawan Knowledge Park, Plot No. D-507, T.T.C. Industrial Area, MIDC, Turbhe, Navi Mumbai, MH, IND, 400 705

Website

https://www.icicisecurities.com

ICICI Securities Ltd is a technology-based firm offering a wide range of financial services including investment banking, institutional broking, retail broking, private wealth management, and financial product distribution. The company serves corporates, financial institutions, high net-worth individuals, and retail investors. Its operating segments include Broking and distribution; Issuer services and advisory and Treasury. The company generates maximum revenue from the Broking and distribution segment.

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