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B-Right Realestate (BOM:543543) Interest Expense : ₹-18.0 Mil (TTM As of Sep. 2024)


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What is B-Right Realestate Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. B-Right Realestate's interest expense for the six months ended in Sep. 2024 was ₹ -9.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-18.0 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. B-Right Realestate's Operating Income for the six months ended in Sep. 2024 was ₹ 54.8 Mil. B-Right Realestate's Interest Expense for the six months ended in Sep. 2024 was ₹ -9.3 Mil. B-Right Realestate's Interest Coverage for the quarter that ended in Sep. 2024 was 5.87. 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.


B-Right Realestate Interest Expense Historical Data

The historical data trend for B-Right Realestate'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.

B-Right Realestate Interest Expense Chart

B-Right Realestate Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial -0.09 -0.01 -1.76 -8.54 -12.12

B-Right Realestate Semi-Annual Data
Mar19 Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Interest Expense Get a 7-Day Free Trial Premium Member Only -3.05 -5.49 -3.42 -8.70 -9.34

B-Right Realestate 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-18.0 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.


B-Right Realestate  (BOM:543543) 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.

B-Right Realestate's Interest Expense for the six months ended in Sep. 2024 was ₹-9.3 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹54.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹136.0 Mil.

B-Right Realestate's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*54.802/-9.342
=5.87

* 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.


B-Right Realestate Business Description

Traded in Other Exchanges
N/A
Address
Rani Sati Marg, Near Western Express Highway, 702, 7th Floor, Shah Trade Centre, Above SBI Bank, Malad East, Mumbai, MH, IND, 400097
B-Right Realestate Ltd is an integrated construction and real estate development company, focused on the construction and development of residential and commercial projects, in and around Mumbai. Company projects include Parth Business Plaza, Jaliyan Heights, Parth Residency, and others. The company is operating in a single segment business of Real Estate Developments And Financial Intermediation Services.

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