InterGlobe Aviation (NSE:INDIGO) Interest Expense : ₹-39,885 Mil (TTM As of Dec. 2023)

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What is InterGlobe Aviation Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. InterGlobe Aviation's interest expense for the three months ended in Dec. 2023 was ₹ -10,952 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-39,885 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. InterGlobe Aviation's Operating Income for the three months ended in Dec. 2023 was ₹ 35,346 Mil. InterGlobe Aviation's Interest Expense for the three months ended in Dec. 2023 was ₹ -10,952 Mil. InterGlobe Aviation's Interest Coverage for the quarter that ended in Dec. 2023 was 3.23. 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.

InterGlobe Aviation Interest Expense Historical Data

The historical data trend for InterGlobe Aviation'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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InterGlobe Aviation Interest Expense Chart

InterGlobe Aviation Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-4,933.18

-18,545.55

-21,419.14

-23,580.15

-31,317.31

InterGlobe Aviation Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-8,293.11	-9,182.31	-9,537.42	-10,212.73	-10,952.11

InterGlobe Aviation 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-39,885 Mil.

InterGlobe Aviation (NSE:INDIGO) 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.

InterGlobe Aviation's Interest Expense for the three months ended in Dec. 2023 was ₹-10,952 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹35,346 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

InterGlobe Aviation's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	35345.61	/	-10952.11
	=	3.23

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

InterGlobe Aviation (NSE:INDIGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » InterGlobe Aviation Ltd (NSE:INDIGO) » Definitions » Interest Expense

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539448:India

Address

Mehrauli-Gurgaon Road, Level 1-5, Tower - C, Global Business Park, Gurgaon, HR, IND, 122 002

Website

https://www.goindigo.in

InterGlobe Aviation Ltd is an airline service provider based in India. The company serves as a low-cost carrier through its Indigo brand. The company caters to its customers through an official website and the IndigoGo App, enabling them to book airline tickets and travel packages. The segments of the company are Air transportation services and Other income. The company earns its revenue predominantly through passenger ticket sales of the domestic airline operation.

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