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GE Vernova T&D India (NSE:GVT&D) Interest Expense : ₹-149 Mil (TTM As of Sep. 2024)


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What is GE Vernova T&D India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GE Vernova T&D India's interest expense for the three months ended in Sep. 2024 was ₹ -28 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-149 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. GE Vernova T&D India's Operating Income for the three months ended in Sep. 2024 was ₹ 1,926 Mil. GE Vernova T&D India's Interest Expense for the three months ended in Sep. 2024 was ₹ -28 Mil. GE Vernova T&D India's Interest Coverage for the quarter that ended in Sep. 2024 was 70.05. 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.

GE Vernova T&D India Interest Expense Historical Data

The historical data trend for GE Vernova T&D India'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.

GE Vernova T&D India Interest Expense Chart

GE Vernova T&D India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -681.90 -593.60 -386.50 -420.10 -283.00

GE Vernova T&D India 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 -68.70 -69.50 -31.70 -20.30 -27.50

GE Vernova T&D India 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 ₹-149 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.

GE Vernova T&D India  (NSE:GVT&D) 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.

GE Vernova T&D India's Interest Expense for the three months ended in Sep. 2024 was ₹-28 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₹1,926 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₹256 Mil.

GE Vernova T&D India'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*1926.28/-27.5
=70.05

* 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.

GE Vernova T&D India Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » GE Vernova T&D India Ltd (NSE:GVT&D) » Definitions » Interest Expense
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Traded in Other Exchanges
522275:India
Address
Okhla Industrial Area, A-18, First Floor, Phase II, New Delhi, IND, 110 020
Website
https://www.gevernova.com
GE Vernova T&D India Ltd is engaged in the power transmission and distribution business. The company provides a solutions for connecting and evacuating power from generations sources onto the grid, providing utilities with the tools. It offers products and related services that include power transformers, circuit breakers, gas insulated switchgears, instrument transformers, substation automation equipment, digital software solutions, turnkey solutions for substation engineering and construction, Flexible AC Transmission Systems (FACTS), High Voltage DC (HVDC) and maintenance support. power generation, transmission and distribution industry.

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