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L&T Finance Holdings (BOM:715007.PFD) Interest Expense : ₹-53,771.90 Mil (TTM As of Mar. 2024)


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What is L&T Finance Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. L&T Finance Holdings's interest expense for the three months ended in Mar. 2024 was ₹ -13,350.90 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-53,771.90 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. L&T Finance Holdings's Operating Income for the three months ended in Mar. 2024 was ₹ 0.00 Mil. L&T Finance Holdings's Interest Expense for the three months ended in Mar. 2024 was ₹ -13,350.90 Mil. L&T Finance Holdings did not have earnings to cover the interest expense. 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.


L&T Finance Holdings Interest Expense Historical Data

The historical data trend for L&T Finance Holdings'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.

L&T Finance Holdings Interest Expense Chart

L&T Finance Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -75,136.00 -72,126.30 -57,537.90 -57,972.40 -53,771.90

L&T Finance Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only -14,448.90 -13,637.60 -13,249.10 -13,534.30 -13,350.90

L&T Finance Holdings 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 ₹-53,771.90 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.


L&T Finance Holdings  (BOM:715007.PFD) 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.

L&T Finance Holdings's Interest Expense for the three months ended in Mar. 2024 was ₹-13,350.90 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹766,034.50 Mil.

L&T Finance Holdings's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

* 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.


L&T Finance Holdings (BOM:715007.PFD) Business Description

Traded in Other Exchanges
Address
Plot No. 177, C.S.T. Road, Brindavan, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098
L&T Finance Holdings Ltd is a registered non-banking financial institution operating in India. The company operates through five main segments namely Retail business; Wholesale business; Defocused business and others. It generates maximum revenue from the Retail business segment. Retail Finance comprises of Farmer Finance (Farm Equipment Finance and Agri Allied Finance), Rural Business Finance (Micro Finance Loans and Rural Business loans), Urban Finance (Two wheeler Finance, Consumer Loans, Retail Housing Loans and Loans against Property), SME Loans and Retail Portfolio Acquisitions.

L&T Finance Holdings (BOM:715007.PFD) Headlines

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