INOX Green Energy Services (NSE:INOXGREEN) Interest Expense : ₹-176 Mil (TTM As of Dec. 2024)

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What is INOX Green Energy Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. INOX Green Energy Services's interest expense for the three months ended in Dec. 2024 was ₹ -40 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-176 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. INOX Green Energy Services's Operating Income for the three months ended in Dec. 2024 was ₹ 21 Mil. INOX Green Energy Services's Interest Expense for the three months ended in Dec. 2024 was ₹ -40 Mil. INOX Green Energy Services's Interest Coverage for the quarter that ended in Dec. 2024 was 0.54. 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.

INOX Green Energy Services Interest Expense Historical Data

The historical data trend for INOX Green Energy Services'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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INOX Green Energy Services Interest Expense Chart

INOX Green Energy Services Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

-529.83

-605.27

-462.41

-462.63

-193.48

INOX Green Energy Services Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial									-48.50	-32.28	-57.50	-47.10	-39.50

INOX Green Energy Services 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 ₹-176 Mil.

INOX Green Energy Services (NSE:INOXGREEN) 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.

INOX Green Energy Services's Interest Expense for the three months ended in Dec. 2024 was ₹-40 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹21 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

INOX Green Energy Services'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	*	21.3	/	-39.5
	=	0.54

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

INOX Green Energy Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » INOX Green Energy Services Ltd (NSE:INOXGREEN) » Definitions » Interest Expense

Traded in Other Exchanges

543667:India

Address

INOXGFL Towers, Plot No. 17, Sector-16A, Noida, UP, IND, 201 301

Website

https://www.inoxgreen.com

INOX Green Energy Services Ltd is a wind power operation and maintenance (O&M) service provider within India. It is engaged in the business of providing long-term O&M services for wind projects, specifically the provision of O&M services for wind turbine generators and common infrastructure facilities. The company generates almost all of its revenue from the sale of services.

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