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Bigbloc Construction (NSE:BIGBLOC) Interest Expense : ₹-107 Mil (TTM As of Sep. 2024)


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What is Bigbloc Construction Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bigbloc Construction's interest expense for the three months ended in Sep. 2024 was ₹ -36 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-107 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. Bigbloc Construction's Operating Income for the three months ended in Sep. 2024 was ₹ 44 Mil. Bigbloc Construction's Interest Expense for the three months ended in Sep. 2024 was ₹ -36 Mil. Bigbloc Construction's Interest Coverage for the quarter that ended in Sep. 2024 was 1.24. 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.

Bigbloc Construction Interest Expense Historical Data

The historical data trend for Bigbloc Construction'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.

Bigbloc Construction Interest Expense Chart

Bigbloc Construction Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only -43.30 -41.35 -32.08 -38.44 -86.35

Bigbloc Construction 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 -22.50 -20.65 -21.43 -29.14 -35.79

Bigbloc Construction 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 ₹-107 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.

Bigbloc Construction  (NSE:BIGBLOC) 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.

Bigbloc Construction's Interest Expense for the three months ended in Sep. 2024 was ₹-36 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₹44 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₹1,219 Mil.

Bigbloc Construction'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*44.21/-35.785
=1.24

* 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.

Bigbloc Construction Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Bigbloc Construction Ltd (NSE:BIGBLOC) » Definitions » Interest Expense
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Traded in Other Exchanges
540061:India
Address
Dumas Road, Office No. 908, 9th Floor, Rajhans Montessa, Magdalla, Surat, GJ, IND, 395007
Website
https://www.nxtbloc.in
Bigbloc Construction Ltd is engaged in the manufacturing of building blocks and AAC (Aerated Autoclave Concrete) Bricks. AAC blocks are a high-quality building material that combines strength, low weight, thermal insulation, sound absorption, unsurpassed fire resistance, and unprecedented build ability. AAC is a natural and non-toxic construction material, that saves energy and is environment friendly. The company supplies its products to builders and contractors in India like L&T, Lodha, Lotus Group, and many others.

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