CMM Infraprojects (NSE:CMMIPL) Interest Expense: ₹ Mil (TTM As of Mar. 2018)


What is CMM Infraprojects Interest Expense?

CMM Infraprojects NSE:CMMIPL Interest Expense is ₹ Mil as of Mar. 2018.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CMM Infraprojects's interest expense for the six months ended in Mar. 2018 was ₹ -29 Mil. CMM Infraprojects does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Mar. 2018.

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. CMM Infraprojects's Operating Income for the six months ended in Mar. 2018 was ₹ 80 Mil. CMM Infraprojects's Interest Expense for the six months ended in Mar. 2018 was ₹ -29 Mil. CMM Infraprojects's Interest Coverage for the quarter that ended in Mar. 2018 was 2.77. 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.

CMM Infraprojects  (NSE:CMMIPL) 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.

CMM Infraprojects's Interest Expense for the six months ended in Mar. 2018 was ₹-29 Mil. Its Operating Income for the six months ended in Mar. 2018 was ₹80 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2018 was ₹137 Mil.

CMM Infraprojects's Interest Coverage for the quarter that ended in Mar. 2018 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2018 )/Interest Expense (Q: Mar. 2018 )
=-1*80.367/-29.015
=2.77

* 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.

CMM Infraprojects Interest Expense Historical Data

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The historical data trend for CMM Infraprojects'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.

CMM Infraprojects Interest Expense Chart

CMM Infraprojects Annual Data
Trend Mar17 Mar18
Interest Expense
-32.44 -41.57

CMM Infraprojects Semi-Annual Data
Mar17 Sep17 Mar18
Interest Expense 0.00 0.00 -29.02

CMM Infraprojects Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ₹ Mil mean?
CMM Infraprojects (NSE:CMMIPL) has a Interest Expense of ₹ Mil as of Mar. 2018. Interest Expense is the amount a company pays on its long-term debt. View historical data on CMM Infraprojects and its competitors.
Is CMM Infraprojects' Interest Expense too high?
CMM Infraprojects' current Interest Expense is ₹ Mil.
How does CMM Infraprojects' Interest Expense compare to competitors?
CMM Infraprojects' Interest Expense of ₹ Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Construction company?
A good Interest Expense depends on the Construction industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on CMM Infraprojects and its competitors. CMM Infraprojects's current Interest Expense is ₹ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMM Infraprojects stock overvalued right now?
CMM Infraprojects (NSE:CMMIPL) has a current Interest Expense of ₹ Mil. The current Interest Expense is ₹ Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For CMM Infraprojects (NSE:CMMIPL), the current Interest Expense is ₹ Mil as of Mar. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

CMM Infraprojects Business Description

Address 108, Shalimar Corporate Centre, 8-B South Tukoganj, Indore, MP, IND, 452001
CMM Infraprojects Ltd is engaged in civil engineering activities. It is an engineering and construction contractor in the fields of constructing public housing, commercial complexes, public parks, corporate & IT offices, sewerage & irrigation projects and highways. It has construction projects across the nation.