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GTL Infrastructure (NSE:GTLINFRA) Interest Expense : ₹-8,957 Mil (TTM As of Dec. 2024)


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What is GTL Infrastructure Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GTL Infrastructure's interest expense for the three months ended in Dec. 2024 was ₹ -2,411 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-8,957 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. GTL Infrastructure's Operating Income for the three months ended in Dec. 2024 was ₹ 334 Mil. GTL Infrastructure's Interest Expense for the three months ended in Dec. 2024 was ₹ -2,411 Mil. GTL Infrastructure's Interest Coverage for the quarter that ended in Dec. 2024 was 0.14. 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.


GTL Infrastructure Interest Expense Historical Data

The historical data trend for GTL Infrastructure'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.

GTL Infrastructure Interest Expense Chart

GTL Infrastructure 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 -6,397.60 -6,631.20 -7,199.20 -7,624.70 -8,005.30

GTL Infrastructure 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 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 -1,934.90 -2,050.50 -2,202.10 -2,293.50 -2,410.70

GTL Infrastructure 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 ₹-8,957 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.


GTL Infrastructure  (NSE:GTLINFRA) 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.

GTL Infrastructure's Interest Expense for the three months ended in Dec. 2024 was ₹-2,411 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹334 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

GTL Infrastructure'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*334.1/-2410.7
=0.14

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. GTL Infrastructure Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


GTL Infrastructure Business Description

Traded in Other Exchanges
Address
29 Walchand Hirachand Marg, 412, Janmabhoomi Chambers, Ballard Estate, Mumbai, MH, IND, 400 001
GTL Infrastructure Ltd is a telecom tower company operational in India. It provides passive infrastructure on a shared basis to telecom operators. The firm's business model is based on building, owning, operating and maintaining the passive telecom infrastructure sites capable of hosting multiple service providers. It also associates with projects being promoted by the department of telecommunications and cellular operators association of India.

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