Ramky Infrastructure (NSE:RAMKY) Interest Expense : ₹-1,603 Mil (TTM As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Ramky Infrastructure Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ramky Infrastructure's interest expense for the three months ended in Dec. 2023 was ₹ -449 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-1,603 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. Ramky Infrastructure's Operating Income for the three months ended in Dec. 2023 was ₹ 646 Mil. Ramky Infrastructure's Interest Expense for the three months ended in Dec. 2023 was ₹ -449 Mil. Ramky Infrastructure's Interest Coverage for the quarter that ended in Dec. 2023 was 1.44. 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.

Ramky Infrastructure Interest Expense Historical Data

The historical data trend for Ramky Infrastructure'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.

Ramky Infrastructure Interest Expense Chart

Ramky Infrastructure Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

Get a 7-Day Free Trial

-3,691.71

-3,353.92

-3,168.50

-3,646.45

-3,490.10

Ramky Infrastructure Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-912.28	-953.91	-753.95	-400.23	-449.31

Ramky Infrastructure 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-1,603 Mil.

Ramky Infrastructure (NSE:RAMKY) 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.

Ramky Infrastructure's Interest Expense for the three months ended in Dec. 2023 was ₹-449 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹646 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

Ramky Infrastructure's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	646.26	/	-449.31
	=	1.44

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

Ramky Infrastructure (NSE:RAMKY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ramky Infrastructure Ltd (NSE:RAMKY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

533262:India

Address

Ramky Grandiose, 15th Floor, Survey No. 136/2 and 4, Gachibowli, Hyderabad, TG, IND, 500032

Website

https://www.ramkyinfrastructure.com

Ramky Infrastructure Ltd is a construction, infrastructure development, and management company. It provides construction and civil engineering services. The company's segment includes Construction business and Developer business. The Construction business segment, which accounts for majority revenue, undertakes various projects such as water and wastewater projects, irrigation projects, industrial construction projects, transportation projects, building construction projects, and power transmission and distribution projects. Its Developer business segment includes industrial parks, transportation, integrated townships, and energy. It operates in India.

Ramky Infrastructure (NSE:RAMKY) Headlines

No Headlines