Aster DM Healthcare (NSE:ASTERDM) Interest Expense : ₹-1,171 Mil (TTM As of Dec. 2024)

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What is Aster DM Healthcare Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aster DM Healthcare's interest expense for the three months ended in Dec. 2024 was ₹ -308 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-1,171 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. Aster DM Healthcare's Operating Income for the three months ended in Dec. 2024 was ₹ 1,270 Mil. Aster DM Healthcare's Interest Expense for the three months ended in Dec. 2024 was ₹ -308 Mil. Aster DM Healthcare's Interest Coverage for the quarter that ended in Dec. 2024 was 4.13. 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.

Aster DM Healthcare Interest Expense Historical Data

The historical data trend for Aster DM Healthcare'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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Aster DM Healthcare Interest Expense Chart

Aster DM Healthcare Annual Data

Trend

Mar15

Mar16

Mar17

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Mar20

Mar21

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Mar23

Mar24

Interest Expense

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-3,140.00

-2,920.90

-2,570.20

-851.50

-1,060.90

Aster DM Healthcare Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-252.60	-256.70	-291.50	-314.60	-307.70

Aster DM Healthcare 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 ₹-1,171 Mil.

Aster DM Healthcare (NSE:ASTERDM) 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.

Aster DM Healthcare's Interest Expense for the three months ended in Dec. 2024 was ₹-308 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹1,270 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Aster DM Healthcare'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	*	1269.7	/	-307.7
	=	4.13

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

Aster DM Healthcare Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Aster DM Healthcare Ltd (NSE:ASTERDM) » Definitions » Interest Expense

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540975:India

Address

27 & 27/1, Mission Road, Awfis, 2nd Floor, Renaissance Centra, Sampangi ramanagar, Bengaluru, KA, IND, 560027

Website

https://www.asterdmhealthcare.com

Aster DM Healthcare Ltd is an India-based company that engages in the provision of healthcare solutions. The company operates in multiple business divisions of the involved in the operations of healthcare facilities, retail pharmacies, and providing consultancy in areas relating to healthcare. Its segments are Hospitals, Clinics, Retail pharmacies and others, of which key revenue is derived from the Hospitals segment The company conducts operations in all GCC states, comprising of United Arab Emirates, Qatar, Oman, Kingdom of Saudi Arabia, Jordan, Kuwait and Bahrain; India, and Republic of Mauritius.

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