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Oswal Greentech (NSE:OSWALGREEN) Interest Expense : ₹-6.9 Mil (TTM As of Mar. 2024)


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What is Oswal Greentech Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Oswal Greentech's interest expense for the three months ended in Mar. 2024 was ₹ -1.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-6.9 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. Oswal Greentech's Operating Income for the three months ended in Mar. 2024 was ₹ 27.0 Mil. Oswal Greentech's Interest Expense for the three months ended in Mar. 2024 was ₹ -1.5 Mil. Oswal Greentech's Interest Coverage for the quarter that ended in Mar. 2024 was 18.36. 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.


Oswal Greentech Interest Expense Historical Data

The historical data trend for Oswal Greentech'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.

Oswal Greentech Interest Expense Chart

Oswal Greentech 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 -11.86 -9.81 -11.62 -10.65 -6.87

Oswal Greentech 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 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 -3.48 -1.96 -1.80 -1.63 -1.47

Oswal Greentech 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 ₹-6.9 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.


Oswal Greentech  (NSE:OSWALGREEN) 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.

Oswal Greentech's Interest Expense for the three months ended in Mar. 2024 was ₹-1.5 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹27.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹0.0 Mil.

Oswal Greentech'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*27.038/-1.473
=18.36

* 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.


Oswal Greentech (NSE:OSWALGREEN) Business Description

Traded in Other Exchanges
Address
22, Kasturba Gandhi Marg, 7th Floor, Antriksh Bhawan, New Delhi, IND, 110001
Oswal Greentech Ltd is an India-based asset management company. The company operates through the segments namely Real estate, Investment, and unallocated segment. Its Real estate segment is involved in the development of the real estate, and trading of real estate assets. The Investment segment, which is the key revenue driver, includes intercorporate deposits of the surplus funds, investment in equity instruments, and other securities.

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