Arkade Developers (NSE:ARKADE) Interest Expense : ₹-136 Mil (TTM As of Dec. 2024)

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What is Arkade Developers Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Arkade Developers's interest expense for the three months ended in Dec. 2024 was ₹ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-136 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. Arkade Developers's Operating Income for the three months ended in Dec. 2024 was ₹ 595 Mil. Arkade Developers's Interest Expense for the three months ended in Dec. 2024 was ₹ -2 Mil. Arkade Developers's Interest Coverage for the quarter that ended in Dec. 2024 was 282.08. 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.

Arkade Developers Interest Expense Historical Data

The historical data trend for Arkade Developers'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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Arkade Developers Interest Expense Chart

Arkade Developers Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Interest Expense

-12.59

-41.11

-74.64

-139.37

Arkade Developers Quarterly Data
	Mar21	Mar22	Mar23	Sep23	Dec23	Mar24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial			-3.52	-2.11	-125.21	-8.82	-2.11

Arkade Developers 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 ₹-136 Mil.

Arkade Developers (NSE:ARKADE) 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.

Arkade Developers's Interest Expense for the three months ended in Dec. 2024 was ₹-2 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹595 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Arkade Developers'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	*	595.182	/	-2.11
	=	282.08

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

Arkade Developers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arkade Developers Ltd (NSE:ARKADE) » Definitions » Interest Expense

Traded in Other Exchanges

544261:India

Address

A S Marg, Ashok Nagar, Arkade House, Opposite Bhoomi Arkade, Near Children’s Academy, Kandivali (East), Mumbai, MH, IND, 400101

Website

https://www.arkade.in

Arkade Developers Ltd is a real estate development company focused on developing high-end, sophisticated lifestyle residential developments in Mumbai, Maharashtra. The company's business can be divided into two segments namely Development/construction of residential buildings on land acquired by the company (new projects); and Redevelopment of existing buildings (Redevelopment Projects). The company is involved in the development of new projects and the redevelopment of existing buildings.

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