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Nuvoco Vista (BOM:543334) Interest Expense : ₹-5,326 Mil (TTM As of Mar. 2024)


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What is Nuvoco Vista Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nuvoco Vista's interest expense for the three months ended in Mar. 2024 was ₹ -1,249 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-5,326 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. Nuvoco Vista's Operating Income for the three months ended in Mar. 2024 was ₹ 2,727 Mil. Nuvoco Vista's Interest Expense for the three months ended in Mar. 2024 was ₹ -1,249 Mil. Nuvoco Vista's Interest Coverage for the quarter that ended in Mar. 2024 was 2.18. 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.


Nuvoco Vista Interest Expense Historical Data

The historical data trend for Nuvoco Vista'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.

Nuvoco Vista Interest Expense Chart

Nuvoco Vista Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial -4,192.21 -6,640.40 -5,699.20 -5,119.00 -5,326.30

Nuvoco Vista 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 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 -1,374.50 -1,346.20 -1,398.80 -1,332.30 -1,249.00

Nuvoco Vista 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 ₹-5,326 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.


Nuvoco Vista  (BOM:543334) 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.

Nuvoco Vista's Interest Expense for the three months ended in Mar. 2024 was ₹-1,249 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹2,727 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹30,297 Mil.

Nuvoco Vista'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*2727.4/-1249
=2.18

* 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.


Nuvoco Vista (BOM:543334) Business Description

Traded in Other Exchanges
Address
LBS Marg, Equinox Business Park, Tower 3, East Wing, 4th Floor, Off Bandra-Kurla Complex, Kurla (West), Mumbai, MH, IND, 400 070
Nuvoco Vista Corp Ltd is a cement and concrete manufacturing company. It offers diversified products such as cement, ready-mix concrete, and modern building materials. The company generates maximum revenue from the cement segment.

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