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Electronics Mart India (BOM:543626) Interest Expense : ₹-1,077 Mil (TTM As of Mar. 2024)


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What is Electronics Mart India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Electronics Mart India's interest expense for the three months ended in Mar. 2024 was ₹ -280 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-1,077 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. Electronics Mart India's Operating Income for the three months ended in Mar. 2024 was ₹ 783 Mil. Electronics Mart India's Interest Expense for the three months ended in Mar. 2024 was ₹ -280 Mil. Electronics Mart India's Interest Coverage for the quarter that ended in Mar. 2024 was 2.79. 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.

Electronics Mart India Interest Expense Historical Data

The historical data trend for Electronics Mart India'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.

Electronics Mart India Interest Expense Chart

Electronics Mart India Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
-622.35 -700.76 -846.14 -985.41 -1,076.73

Electronics Mart India Quarterly Data
Mar20 Mar21 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 -271.24 -270.60 -234.85 -290.85 -280.43

Electronics Mart India 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 ₹-1,077 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.

Electronics Mart India  (BOM:543626) 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.

Electronics Mart India's Interest Expense for the three months ended in Mar. 2024 was ₹-280 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹783 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹9,076 Mil.

Electronics Mart India'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*783.32/-280.43
=2.79

* 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.

Electronics Mart India (BOM:543626) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Electronics Mart India Ltd (BOM:543626) » Definitions » Interest Expense
Comparable Companies
BOM:534597 NSE:KORE NSE:ISFT NSE:WOMANCART BOM:521105 BOM:543521 BOM:524622 BOM:535694 BOM:538765 AMZN BABA PDD HKSE:03690 MELI JD CPNG SE EBAY TSE:4689 BOM:543320
Traded in Other Exchanges
EMIL:India
Address
Panjgutta Main Road, M. No. 6-3-666/A1 To 7, 3rd & 4th floor, Opposite NIMS Hospital, Hyderabad, TG, IND, 500 082
Website
https://www.electronicsmartindia.com
Electronics Mart India Ltd is a consumer durables and electronics retailer in India. The company offers a diversified range of products which include mobile devices, laptops, home and kitchen appliances, home entertainment systems, cameras, and personal care items. It operates a network of multi-brand outlets (MBOs) under the brand name Bajaj Electronics and Electronics Mart and manages exclusive brand outlets (EBOs) for various brands.

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