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JITF Infralogistics (NSE:JITFINFRA) Interest Expense : ₹-3,007 Mil (TTM As of Sep. 2024)


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What is JITF Infralogistics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. JITF Infralogistics's interest expense for the three months ended in Sep. 2024 was ₹ -848 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-3,007 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. JITF Infralogistics's Operating Income for the three months ended in Sep. 2024 was ₹ 548 Mil. JITF Infralogistics's Interest Expense for the three months ended in Sep. 2024 was ₹ -848 Mil. JITF Infralogistics's Interest Coverage for the quarter that ended in Sep. 2024 was 0.65. 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.

JITF Infralogistics Interest Expense Historical Data

The historical data trend for JITF Infralogistics'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.

JITF Infralogistics Interest Expense Chart

JITF Infralogistics Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only -1,920.49 -2,082.68 -2,366.74 -2,899.87 -2,874.35

JITF Infralogistics Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -737.43 -794.01 -518.74 -846.03 -848.13

JITF Infralogistics 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-3,007 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.

JITF Infralogistics  (NSE:JITFINFRA) 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.

JITF Infralogistics's Interest Expense for the three months ended in Sep. 2024 was ₹-848 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₹548 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₹30,688 Mil.

JITF Infralogistics's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*547.516/-848.128
=0.65

* 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. JITF Infralogistics Ltd interest coverage is 1.44, which is low.

JITF Infralogistics Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » JITF Infralogistics Ltd (NSE:JITFINFRA) » Definitions » Interest Expense
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Traded in Other Exchanges
540311:India
Address
28, Shivaji Marg, Jindal ITF Centre, New Delhi, IND, 110015
Website
https://www.jindalinfralogistics.com
JITF Infralogistics Ltd is an Indian company engaged in wastewater & solid waste management, logistics and transportation equipment fabrication. JITF is the holding firm for infrastructure businesses which include; Waste to power execution under JITF Urban Infrastructure Limited, Railway Rolling Stock manufacturing business undertaken by Jindal Rail Infrastructure Limited, and Water and Waste Water EPC business undertaken by JWIL Infra Limited. The company's operating segment includes Railway Freight Wagons, Water Infrastructure, Urban Infrastructure, and Trading activity. The company generates the majority of its revenue from the Water Infrastructure segment. Geographically, the company generates a majority of its revenue within India.

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