NBCC India (NSE:NBCC) Interest Expense : ₹-1 Mil (TTM As of Mar. 2024)

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What is NBCC India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NBCC India's interest expense for the three months ended in Mar. 2024 was ₹ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-1 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. NBCC India's Operating Income for the three months ended in Mar. 2024 was ₹ 2,419 Mil. NBCC India's Interest Expense for the three months ended in Mar. 2024 was ₹ -0 Mil. NBCC India's Interest Coverage for the quarter that ended in Mar. 2024 was 15,705.46. 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.

NBCC India Interest Expense Historical Data

The historical data trend for NBCC India'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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NBCC India Interest Expense Chart

NBCC India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-2,473.88

-2,196.38

-56.78

-14.74

-0.51

NBCC India Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.09	-0.07	-0.18	-0.11	-0.15

NBCC India 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-1 Mil.

NBCC India (NSE:NBCC) 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.

NBCC India's Interest Expense for the three months ended in Mar. 2024 was ₹-0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹2,419 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹3 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	2418.641	/	-0.154
	=	15,705.46

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. NBCC India Ltd has enough cash to cover all of its debt. Its financial situation is stable.

NBCC India (NSE:NBCC) Business Description

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534309:India

Address

Lodhi Road, NBCC Bhawan, New Delhi, IND, 110003

Website

https://www.nbccindia.com

NBCC India Ltd is engaged in the urban and regional development sector. The operating segment includes Project Management Consultancy which offers management and consultancy services for civil construction projects, Real Estate Development which focuses on residential and commercial projects and Engineering Procurement, and Construction segment which covers chimneys, cooling towers, roads, water and sewage treatment plants. Business activity of the company functions through India and it derives the majority of its revenue from the Project Management Consultancy segment.