H.G. Infra Engineering (NSE:HGINFRA) Interest Expense : ₹-1,645 Mil (TTM As of Mar. 2024)

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What is H.G. Infra Engineering Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. H.G. Infra Engineering's interest expense for the three months ended in Mar. 2024 was ₹ -484 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-1,645 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. H.G. Infra Engineering's Operating Income for the three months ended in Mar. 2024 was ₹ 2,946 Mil. H.G. Infra Engineering's Interest Expense for the three months ended in Mar. 2024 was ₹ -484 Mil. H.G. Infra Engineering's Interest Coverage for the quarter that ended in Mar. 2024 was 6.09. 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.

H.G. Infra Engineering Interest Expense Historical Data

The historical data trend for H.G. Infra Engineering'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.

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H.G. Infra Engineering Interest Expense Chart

H.G. Infra Engineering Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-417.15

-635.30

-727.61

-1,537.69

-2,168.50

H.G. Infra Engineering Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-395.01	-468.44	-587.84	-574.00	-483.61

H.G. Infra Engineering 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 ₹-1,645 Mil.

H.G. Infra Engineering (NSE:HGINFRA) 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.

H.G. Infra Engineering's Interest Expense for the three months ended in Mar. 2024 was ₹-484 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹2,946 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹10,971 Mil.

H.G. Infra Engineering'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	*	2945.62	/	-483.61
	=	6.09

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

H.G. Infra Engineering (NSE:HGINFRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » H.G. Infra Engineering Ltd (NSE:HGINFRA) » Definitions » Interest Expense

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541019:India

Address

A-1, Tilak Marg, C-Scheme, IIIrd Floor, Sheel Mohar Plaza, C-Scheme, Jaipur, RJ, IND, 302 001

Website

https://www.hginfra.com

H.G. Infra Engineering Ltd is engaged in Engineering, Procurement and Construction (EPC), Maintenance of roads, bridges, flyovers and other infrastructure contract works. Geographically, it operates only in India. It has one reportable segment of engineering, procurement and construction contracts (EPC). The company executes civil construction projects, like extension and grading of runways, railways and land development as well as water pipeline projects.

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