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Marathon Nextgen Realty (NSE:MARATHON) Interest Expense : ₹-649 Mil (TTM As of Sep. 2024)


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What is Marathon Nextgen Realty Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Marathon Nextgen Realty's interest expense for the three months ended in Sep. 2024 was ₹ -129 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-649 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. Marathon Nextgen Realty's Operating Income for the three months ended in Sep. 2024 was ₹ 417 Mil. Marathon Nextgen Realty's Interest Expense for the three months ended in Sep. 2024 was ₹ -129 Mil. Marathon Nextgen Realty's Interest Coverage for the quarter that ended in Sep. 2024 was 3.22. 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.

Marathon Nextgen Realty Interest Expense Historical Data

The historical data trend for Marathon Nextgen Realty'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.

Marathon Nextgen Realty Interest Expense Chart

Marathon Nextgen Realty Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -405.13 -430.21 -726.72 -1,181.34 -813.91

Marathon Nextgen Realty 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 -233.75 -288.04 -42.19 -189.48 -129.44

Marathon Nextgen Realty 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 ₹-649 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.

Marathon Nextgen Realty  (NSE:MARATHON) 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.

Marathon Nextgen Realty's Interest Expense for the three months ended in Sep. 2024 was ₹-129 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₹417 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₹4,306 Mil.

Marathon Nextgen Realty'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*417.111/-129.441
=3.22

* 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.

Marathon Nextgen Realty Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Marathon Nextgen Realty Ltd (NSE:MARATHON) » Definitions » Interest Expense
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Traded in Other Exchanges
503101:India
Address
Mulund-Goregaon Link Road and L.B.S Marg, 702, Marathon MAX, Mulund (West), Mumbai, MH, IND, 400 080
Website
https://www.marathonnextgen.com
Marathon Nextgen Realty Ltd is a real estate company. It is engaged in the business of construction, development, and sale of commercial and residential real estate projects. Geographically, it operates only in India. Some of its projects include NeoHomes,Bhandup (W), Ekveera,Mulund (W), Nexworld,Dombivli (E), Nextown,Kalyan-shil, Nexzone,Panvel,Monte Carlo,Mulund (W), Monte South,Byculla (W), Eminence,Mulund (W), Zaver Arcade,Mulund (W), Futurex,Lower Parel. It generates maximum revenue from sale of a property.

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