India Infrastructure Trust (BOM:542543) Interest Expense : ₹-5,967 Mil (TTM As of Mar. 2024)

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What is India Infrastructure Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. India Infrastructure Trust's interest expense for the six months ended in Mar. 2024 was ₹ -3,019 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-5,967 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. India Infrastructure Trust's Operating Income for the six months ended in Mar. 2024 was ₹ 9,559 Mil. India Infrastructure Trust's Interest Expense for the six months ended in Mar. 2024 was ₹ -3,019 Mil. India Infrastructure Trust's Interest Coverage for the quarter that ended in Mar. 2024 was 3.17. 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.

India Infrastructure Trust Interest Expense Historical Data

The historical data trend for India Infrastructure Trust'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.

India Infrastructure Trust Interest Expense Chart

India Infrastructure Trust Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-5,880.40

-5,785.40

-5,807.10

-5,813.20

-5,966.50

India Infrastructure Trust Semi-Annual Data
	Mar16	Mar17	Mar18	Sep18	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial									-2,864.50	-2,945.80	-2,867.40	-2,947.20	-3,019.30

India Infrastructure Trust 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-5,967 Mil.

India Infrastructure Trust (BOM:542543) 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.

India Infrastructure Trust's Interest Expense for the six months ended in Mar. 2024 was ₹-3,019 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹9,559 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹64,690 Mil.

India Infrastructure Trust'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	*	9558.6	/	-3019.3
	=	3.17

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. India Infrastructure Trust interest coverage is 2.92, which is low.

India Infrastructure Trust (BOM:542543) Business Description

Industry

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Address

Seawoods Grand Central, Tower-1, 3rd Level, C Wing - 301 to 304, Sector 40, Seawoods Railway Station, Navi Mumbai, Thane, MH, IND, 400 706

Website

https://www.indinfratrust.com

India Infrastructure Trust is a registered infrastructure investment trust set up in order to invest in infrastructure projects. The initial portfolio asset of the Trust is proposed to be a pipeline system used for the transport of natural gas, with the potential to induct new assets in due course.

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