Global Health (BOM:543654) Interest Expense : ₹-739 Mil (TTM As of Mar. 2024)

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What is Global Health Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Global Health's interest expense for the three months ended in Mar. 2024 was ₹ -182 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-739 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. Global Health's Operating Income for the three months ended in Mar. 2024 was ₹ 1,625 Mil. Global Health's Interest Expense for the three months ended in Mar. 2024 was ₹ -182 Mil. Global Health's Interest Coverage for the quarter that ended in Mar. 2024 was 8.92. 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.

Global Health Interest Expense Historical Data

The historical data trend for Global Health'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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Global Health Interest Expense Chart

Global Health Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

-509.85

-671.01

-794.86

-779.19

-739.13

Global Health Quarterly Data
	Mar20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial								-204.80	-179.16	-200.89	-176.79	-182.29

Global Health 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 ₹-739 Mil.

Global Health (BOM:543654) 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.

Global Health's Interest Expense for the three months ended in Mar. 2024 was ₹-182 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹1,625 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹6,300 Mil.

Global Health'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	*	1625.496	/	-182.289
	=	8.92

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

Global Health (BOM:543654) Business Description

Industry

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MEDANTA:India

Address

E - 18, Medanta - The Medicity, Defence Colony, New Delhi, IND, 110024

Website

https://www.medanta.org

Global Health Ltd operates as a private multi-specialty tertiary care provider operating in the North and East regions of India, with key specialties of cardiology and cardiac science, neurosciences, oncology, digestive and hepatobiliary sciences, orthopedics, liver transplant, and kidney and urology. Under the Medanta brand, it has a network of hospitals in operation (Gurugram, Indore, Ranchi, and Lucknow), a hospital that is under construction with an operational outpatient facility (Patna), and a hospital (Noida) planned for development. The Group operates Healthcare services as a single business segment in India, constituting a single geographical segment.

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