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Popular Vehicles and Services (BOM:544144) Interest Expense : ₹-847 Mil (TTM As of Dec. 2024)


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What is Popular Vehicles and Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Popular Vehicles and Services's interest expense for the three months ended in Dec. 2024 was ₹ -228 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-847 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. Popular Vehicles and Services's Operating Income for the three months ended in Dec. 2024 was ₹ 69 Mil. Popular Vehicles and Services's Interest Expense for the three months ended in Dec. 2024 was ₹ -228 Mil. Popular Vehicles and Services's Interest Coverage for the quarter that ended in Dec. 2024 was 0.30. 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.

Popular Vehicles and Services Interest Expense Historical Data

The historical data trend for Popular Vehicles and Services'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.

Popular Vehicles and Services Interest Expense Chart

Popular Vehicles and Services Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial -659.47 -518.54 -589.76 -682.75 -948.56

Popular Vehicles and Services Quarterly Data
Mar19 Mar20 Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -275.02 -197.39 -199.55 -222.55 -227.80

Popular Vehicles and Services 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-847 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.

Popular Vehicles and Services  (BOM:544144) 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.

Popular Vehicles and Services's Interest Expense for the three months ended in Dec. 2024 was ₹-228 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹69 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Popular Vehicles and Services's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*68.7/-227.8
=0.30

* 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.

Popular Vehicles and Services Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Popular Vehicles and Services Ltd (BOM:544144) » Definitions » Interest Expense
Comparable Companies
BOM:531041 BOM:531743 NSE:BIKEWO BOM:544236 BOM:539090 BOM:539402 BOM:543714 CVNA PAG TPE:2207 XBRU:DIE KMX LAD AN GPI TSE:4732 VVV ABG RUSHA HKSE:00881
Traded in Other Exchanges
PVSL:India
Address
Kuttukaran Centre, Mamangalam, Cochin, Ernakulam, KL, IND, 682025
Website
https://www.popularmaruti.com
Popular Vehicles and Services Ltd is engaged in automobile dealerships in India. It caters to the complete life cycle of vehicle ownership, right from the sale of new vehicles, servicing and repairing vehicles, distributing spare parts and accessories, facilitating the sale and exchange of pre-owned vehicles, operating driving schools, and facilitating the sale of third-party financial and insurance products. The group has structured its business broadly into four verticals-Passenger cars (excluding luxury vehicles), Luxury vehicles, Commercial vehicles, and others. Others comprise spare parts retail sales - other than through the respective business segments and sale of electric vehicles - two-wheelers and three-wheelers. Key revenue is generated from the passenger cars segment.

Popular Vehicles and Services Headlines

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