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Ravindra Energy (NSE:RELTD) Interest Expense : ₹-135.1 Mil (TTM As of Sep. 2024)


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What is Ravindra Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ravindra Energy's interest expense for the three months ended in Sep. 2024 was ₹ -11.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-135.1 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. Ravindra Energy's Operating Income for the three months ended in Sep. 2024 was ₹ -14.1 Mil. Ravindra Energy's Interest Expense for the three months ended in Sep. 2024 was ₹ -11.3 Mil. Ravindra Energy did not have earnings to cover the interest expense. 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.


Ravindra Energy Interest Expense Historical Data

The historical data trend for Ravindra Energy'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.

Ravindra Energy Interest Expense Chart

Ravindra Energy 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 -413.53 -301.86 -168.49 -128.70 -155.01

Ravindra Energy 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 -42.37 -41.58 -37.08 -45.20 -11.28

Ravindra Energy 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 ₹-135.1 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.


Ravindra Energy  (NSE:RELTD) 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.

Ravindra Energy's Interest Expense for the three months ended in Sep. 2024 was ₹-11.3 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₹-14.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₹683.4 Mil.

Ravindra Energy's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Ravindra Energy did not have earnings to cover the interest expense.

* 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.


Ravindra Energy Business Description

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Address
Havelock Road, BC 105, Camp, Belagavi, KA, IND, 590001
Ravindra Energy Ltd is a holding company. The company is principally engaged in selling solar pumps, setting up the solar generation power plant, and generation and sale of power. It generates a majority of its revenue from the Solar business.

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