GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Power Finance Corp Ltd (NSE:PFC) » Definitions » Interest Expense

Power Finance (NSE:PFC) Interest Expense : ₹-615,054 Mil (TTM As of Sep. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Power Finance Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Power Finance's interest expense for the three months ended in Sep. 2024 was ₹ -160,064 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-615,054 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. Power Finance's Operating Income for the three months ended in Sep. 2024 was ₹ Mil. Power Finance's Interest Expense for the three months ended in Sep. 2024 was ₹ Mil. 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.


Power Finance Interest Expense Historical Data

The historical data trend for Power Finance'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.

Power Finance Interest Expense Chart

Power Finance 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 -408,446.50 -446,835.20 -447,087.80 -470,167.80 -579,622.00

Power Finance 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 -143,131.10 -148,272.40 -151,523.00 -155,194.00 -160,064.10

Power Finance 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 ₹-615,054 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.


Power Finance Business Description

Traded in Other Exchanges
Address
1, Barakhamba Lane, Urjanidhi, Connaught Place, New Delhi, IND, 110001
Power Finance Corp Ltd is a financial institution operating in India and dedicated to financing the country's power, logistics, and infrastructure sectors and its various projects. The company serves state power utilities, central power sector utilities, power departments, private power sector utilities, joint sector power utilities, power equipment manufacturers, and municipal power utilities. The company's main products include rupee-term loans, short-term loans, and a buyer line of credit. Interest income is the company's main source of revenue.