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

Indifra (NSE:INDIFRA) Interest Expense : ₹-0.09 Mil (TTM As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Indifra Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Indifra's interest expense for the six months ended in Mar. 2024 was ₹ -0.09 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-0.09 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. Indifra's Operating Income for the six months ended in Mar. 2024 was ₹ -12.48 Mil. Indifra's Interest Expense for the six months ended in Mar. 2024 was ₹ -0.09 Mil. Indifra did not have earnings to cover the interest expense. 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.


Indifra Interest Expense Historical Data

The historical data trend for Indifra'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.

Indifra Interest Expense Chart

Indifra Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Interest Expense
-0.40 -0.57 -1.19 -0.09

Indifra Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Interest Expense -0.40 -0.57 -1.19 -0.09

Indifra Interest Expense Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-0.09 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.


Indifra  (NSE:INDIFRA) 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.

Indifra's Interest Expense for the six months ended in Mar. 2024 was ₹-0.09 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹-12.48 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₹0.00 Mil.

Indifra's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Indifra did not have earnings to cover the interest expense.

* 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.


Indifra Business Description

Traded in Other Exchanges
N/A
Address
V.V. Nagar Road, 9, Krishna Villa, Near Aamrakunj Society, Anand, Karamsad, GJ, IND, 388325
Indifra Ltd is engaged in Infrastructure Management, Gas Pipeline Laying, Construction Project Management And Electrical Appliances Distribution. The Company is Primarily engaged in the business of trading of Metal and Electrical products, Infrastructure activity and other related services.

Indifra Headlines

No Headlines