Devyani International (BOM:543330) Interest Expense : ₹-1,869 Mil (TTM As of Mar. 2024)

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What is Devyani International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Devyani International's interest expense for the three months ended in Mar. 2024 was ₹ -567 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-1,869 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. Devyani International's Operating Income for the three months ended in Mar. 2024 was ₹ 480 Mil. Devyani International's Interest Expense for the three months ended in Mar. 2024 was ₹ -567 Mil. Devyani International's Interest Coverage for the quarter that ended in Mar. 2024 was 0.85. 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.

Devyani International Interest Expense Historical Data

The historical data trend for Devyani International'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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Devyani International Interest Expense Chart

Devyani International Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-1,732.95

-1,483.87

-1,226.37

-1,474.73

-1,869.33

Devyani International Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial												-420.38	-403.71	-416.58	-482.36	-566.68

Devyani International 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 ₹-1,869 Mil.

Devyani International (BOM:543330) 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.

Devyani International's Interest Expense for the three months ended in Mar. 2024 was ₹-567 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹480 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹25,804 Mil.

Devyani International'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	*	479.77	/	-566.68
	=	0.85

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

Devyani International (BOM:543330) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Devyani International Ltd (BOM:543330) » Definitions » Interest Expense

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DEVYANI:India

Address

Plot No. 18, Sector-35, Gurugram, HR, IND, 122 004

Website

https://www.dil-rjcorp.com

Devyani International Ltd is a franchisee of Yum Brands in India and is among the largest operators of quick-service restaurants chain and operates around 1243 stores across 155 cities in India. Geographically, it derives a majority of its revenue from India.

Devyani International (BOM:543330) Headlines

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