Bharat Heavy Electricals (Bharat Heavy Electricals) Interest Expense : $-88.21 Mil (TTM As of Mar. 2024)

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What is Bharat Heavy Electricals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bharat Heavy Electricals's interest expense for the three months ended in Mar. 2024 was $ -23.29 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-88.21 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. Bharat Heavy Electricals's Operating Income for the three months ended in Mar. 2024 was $ 163.68 Mil. Bharat Heavy Electricals's Interest Expense for the three months ended in Mar. 2024 was $ -23.29 Mil. Bharat Heavy Electricals's Interest Coverage for the quarter that ended in Mar. 2024 was 7.03. 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.

Bharat Heavy Electricals Interest Expense Historical Data

The historical data trend for Bharat Heavy Electricals'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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Bharat Heavy Electricals Interest Expense Chart

Bharat Heavy Electricals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-67.89

-51.22

-46.72

-63.38

-88.09

Bharat Heavy Electricals 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															-19.58	-20.43	-21.72	-22.77	-23.29

Bharat Heavy Electricals 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 $-88.21 Mil.

Bharat Heavy Electricals (GREY:BRHTY) 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.

Bharat Heavy Electricals's Interest Expense for the three months ended in Mar. 2024 was $-23.29 Mil. Its Operating Income for the three months ended in Mar. 2024 was $163.68 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $2.84 Mil.

Bharat Heavy Electricals'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	*	163.676	/	-23.286
	=	7.03

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

Bharat Heavy Electricals (Bharat Heavy Electricals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bharat Heavy Electricals Ltd (GREY:BRHTY) » Definitions » Interest Expense

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Traded in Other Exchanges

BHEL:India 500103:India

Address

BHEL House, Siri Fort, New Delhi, IND, 110 049

Website

https://www.bhel.com

Bharat Heavy Electricals Ltd is an integrated power plant equipment manufacturer and one of the largest engineering and manufacturing companies in India. Its products and services serve power, transportation, energy, oil and gas, defence, and other industrial markets. The company has three business segments: Power (which contributes the majority of total revenue), Industry sector and International Operations. Bharat's product portfolio consists of heavy industrial equipment and components, including turbines, valves, pumps, boilers, and insulators. In addition, the company offers aftersales service to customers for maintenance and repairs and can help synchronize power plants. The majority of total revenue is derived from India, but the company has a footprint in many different regions.