GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ahluwalia Contracts (India) Ltd (NSE:AHLUCONT) » Definitions » Interest Expense

Ahluwalia Contracts (India) (NSE:AHLUCONT) Interest Expense : ₹-392 Mil (TTM As of Sep. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Ahluwalia Contracts (India) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ahluwalia Contracts (India)'s interest expense for the three months ended in Sep. 2024 was ₹ -160 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-392 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. Ahluwalia Contracts (India)'s Operating Income for the three months ended in Sep. 2024 was ₹ 569 Mil. Ahluwalia Contracts (India)'s Interest Expense for the three months ended in Sep. 2024 was ₹ -160 Mil. Ahluwalia Contracts (India)'s Interest Coverage for the quarter that ended in Sep. 2024 was 3.55. 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.

Ahluwalia Contracts (India) Interest Expense Historical Data

The historical data trend for Ahluwalia Contracts (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.

Ahluwalia Contracts (India) Interest Expense Chart

Ahluwalia Contracts (India) 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 -231.63 -299.70 -318.20 -206.78 -307.67

Ahluwalia Contracts (India) Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -114.78 -122.60 38.19 -147.52 -160.03

Ahluwalia Contracts (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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-392 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.

Ahluwalia Contracts (India)  (NSE:AHLUCONT) 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.

Ahluwalia Contracts (India)'s Interest Expense for the three months ended in Sep. 2024 was ₹-160 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₹569 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₹590 Mil.

Ahluwalia Contracts (India)'s Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*568.662/-160.031
=3.55

* 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.

Ahluwalia Contracts (India) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ahluwalia Contracts (India) Ltd (NSE:AHLUCONT) » Definitions » Interest Expense
Comparable Companies
BOM:500185 BOM:543971 NSE:DBL NSE:TRANSRAILL BOM:538562 BOM:544223 BOM:532940 NSE:POWERMECH NSE:EIEL NSE:WELENT XPAR:DG NSE:LT PWR SHSE:601668 TSX:WSP EME SHSE:601390 HKSE:01800 J SHSE:601186
Traded in Other Exchanges
532811:India
Address
Okhla Industrial Area, Phase-I, Plot No. A-177, New Delhi, IND, 110020
Website
https://www.acilnet.com
Ahluwalia Contracts (India) Ltd is an integrated construction company. Its project comprises of residential and commercial complexes, hotels, institutional buildings, hospitals, and others. The company's operating segments include Construction Contract; Investment Property (Lease Rental) and Other. It generates maximum revenue from the Construction Contract segment. Geographically, it derives a majority of its revenue from India.

Ahluwalia Contracts (India) Headlines

No Headlines