Nxt-Infra Trust (NSE:NXT-INFRA) Interest Expense : ₹-65.68 Mil (TTM As of Sep. 2024)

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What is Nxt-Infra Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nxt-Infra Trust's interest expense for the six months ended in Sep. 2024 was ₹ -65.68 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-65.68 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. Nxt-Infra Trust's Operating Income for the six months ended in Sep. 2024 was ₹ 62.43 Mil. Nxt-Infra Trust's Interest Expense for the six months ended in Sep. 2024 was ₹ -65.68 Mil. Nxt-Infra Trust's Interest Coverage for the quarter that ended in Sep. 2024 was 0.95. 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.

Nxt-Infra Trust Interest Expense Historical Data

The historical data trend for Nxt-Infra Trust'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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Nxt-Infra Trust Interest Expense Chart

Nxt-Infra Trust Annual Data

Trend

Mar21

Mar22

Mar23

Interest Expense

-1,876.08

-1,820.17

-2,138.33

Nxt-Infra Trust Semi-Annual Data
	Mar21	Mar22	Mar23	Sep24
Interest Expense	-	-	-	-65.68

Nxt-Infra Trust 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-65.68 Mil.

Nxt-Infra Trust (NSE:NXT-INFRA) 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.

Nxt-Infra Trust's Interest Expense for the six months ended in Sep. 2024 was ₹-65.68 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹62.43 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹0.00 Mil.

Nxt-Infra Trust'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	*	62.43	/	-65.684
	=	0.95

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

Nxt-Infra Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Nxt-Infra Trust (NSE:NXT-INFRA) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

Dr. C. G. Road, Office no. 501, Vikas Hub, Vikas Center, Next to Cubic Mall, Chembur East, Wadavali Village, Mumbai, MH, IND, 4000074

Website

https://www.nxt-infra.com

Nxt-Infra Trust is an Indian infrastructure investment trust which proposes to invest in road infrastructure assets in India. The Trust proposes to have an initial portfolio of six Project SPVs comprising 14 road stretches spanning an aggregate length of over 2000 lane kilometres, located across Delhi, Haryana, Uttarakhand, Uttar Pradesh and Maharashtra in India. The portfolio is a mix of toll and annuity assets.

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