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Embassy Office Parks REIT (BOM:542602) Interest Expense : ₹-10,872 Mil (TTM As of Mar. 2024)


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What is Embassy Office Parks REIT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Embassy Office Parks REIT's interest expense for the three months ended in Mar. 2024 was ₹ -2,921 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-10,872 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. Embassy Office Parks REIT's Operating Income for the three months ended in Mar. 2024 was ₹ 4,595 Mil. Embassy Office Parks REIT's Interest Expense for the three months ended in Mar. 2024 was ₹ -2,921 Mil. Embassy Office Parks REIT's Interest Coverage for the quarter that ended in Mar. 2024 was 1.57. 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.


Embassy Office Parks REIT Interest Expense Historical Data

The historical data trend for Embassy Office Parks REIT'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.

Embassy Office Parks REIT Interest Expense Chart

Embassy Office Parks REIT Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only -3,803.54 -6,452.89 -8,285.56 -9,760.63 -10,872.35

Embassy Office Parks REIT 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 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 -2,536.49 -2,554.60 -2,621.40 -2,775.79 -2,920.56

Embassy Office Parks REIT 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 ₹-10,872 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.


Embassy Office Parks REIT  (BOM:542602) 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.

Embassy Office Parks REIT's Interest Expense for the three months ended in Mar. 2024 was ₹-2,921 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹4,595 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹132,221 Mil.

Embassy Office Parks REIT'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*4595.41/-2920.56
=1.57

* 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.


Embassy Office Parks REIT (BOM:542602) Business Description

Traded in Other Exchanges
Address
Royal Oaks, Off Intermediate Ring Road, Embassy Golf Links Business Park, Bangalore, KA, IND, 560 071
Embassy Office Parks REIT is involved in real estate activities including renting, buying, selling, and operating of leased or self-owned real estate properties. The group's portfolio comprises best-in-class office parks and prime city-center office buildings. Geographically, the activities are carried out through India.

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