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Oriana Power (NSE:ORIANA) Interest Expense : ₹ Mil (TTM As of Mar. 2023)


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What is Oriana Power Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Oriana Power's interest expense for the six months ended in Mar. 2023 was ₹ -34 Mil. Oriana Power does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Mar. 2023.

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. Oriana Power's Operating Income for the six months ended in Mar. 2023 was ₹ 189 Mil. Oriana Power's Interest Expense for the six months ended in Mar. 2023 was ₹ -34 Mil. Oriana Power's Interest Coverage for the quarter that ended in Mar. 2023 was 5.55. 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.


Oriana Power Interest Expense Historical Data

The historical data trend for Oriana Power'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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Oriana Power Interest Expense Chart

Oriana Power Annual Data
Trend Mar21 Mar22 Mar23
Interest Expense
-6.65 -14.99 -33.99

Oriana Power Semi-Annual Data
Mar21 Mar22 Mar23
Interest Expense -6.65 -14.99 -33.99

Oriana Power Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


Oriana Power  (NSE:ORIANA) 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.

Oriana Power's Interest Expense for the six months ended in Mar. 2023 was ₹-34 Mil. Its Operating Income for the six months ended in Mar. 2023 was ₹189 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2023 was ₹565 Mil.

Oriana Power's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2023 )/Interest Expense (Q: Mar. 2023 )
=-1*188.58/-33.99
=5.55

* 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.


Oriana Power (NSE:ORIANA) Business Description

Traded in Other Exchanges
N/A
Address
First Floor C-103 Sector-2, Noida Gautam Buddha Nagar, Noida, Ghaziabad, UP, IND, 201301
Oriana Power Ltd is a company that specializes in providing solar energy solutions to industrial and commercial customers. It offers low-carbon energy solutions by installing on-site solar projects such as rooftop and ground-mounted systems, as well as off-site solar farms i.e. Open access. Its business operations are primarily divided into two segments: Capital Expenditure (CAPEX) and Renewable Energy Service Company (RESCO). Under the CAPEX model, it offers Engineering, Procurement, construction, and operation of solar projects. Under CAPEX Model it has delivered projects with a capacity exceeding 100 MWp across various locations across India.

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