Bigbloc Construction (NSE:BIGBLOC) Interest Expense : ₹-88 Mil (TTM As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

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 Mar. 2024 was ₹ -24 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-88 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 Mar. 2024 was ₹ 98 Mil. Bigbloc Construction's Interest Expense for the three months ended in Mar. 2024 was ₹ -24 Mil. Bigbloc Construction's Interest Coverage for the quarter that ended in Mar. 2024 was 4.18. 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

-43.30

-41.35

-32.08

-41.58

-88.43

Bigbloc Construction 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															-12.72	-21.77	-22.50	-20.65	-23.51

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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-88 Mil.

Bigbloc Construction (NSE:BIGBLOC) 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.

Bigbloc Construction's Interest Expense for the three months ended in Mar. 2024 was ₹-24 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹98 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹1,007 Mil.

Bigbloc Construction'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	*	98.304	/	-23.505
	=	4.18

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

Bigbloc Construction (NSE:BIGBLOC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Bigbloc Construction Ltd (NSE:BIGBLOC) » Definitions » Interest Expense

Comparable Companies

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 business of manufacturing building blocks and AAC (Aerated Autoclave Concrete) Bricks. AAC blocks are a high quality building material that offers a unique combination of strength, low weight, thermal insulation, sound absorption, unsurpassed fire resistance and unprecedented build ability. AAC is a natural and non-toxic construction material, saves energy, and is friendly to the environment. The company supplies to few of the largest Builders and Contractors in India like L&T, Lodha, Indiabulls, Runwal and many others.

Bigbloc Construction (NSE:BIGBLOC) Headlines

No Headlines