What is Reliance Power Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Reliance Power's interest expense for the
three
months ended in Mar. 2024 was ₹ -4,993 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-24,513 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. Reliance Power's Operating Income for the
three
months ended in Mar. 2024 was ₹ -1,073 Mil. Reliance Power's Interest Expense for the
three
months ended in Mar. 2024 was ₹ -4,993 Mil.
Reliance Power 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.
Reliance Power Interest Expense Historical Data
The historical data trend for Reliance 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.
Reliance Power Interest Expense Chart
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Reliance Power Annual Data
|
|
Trend |
Mar15 |
Mar16 |
Mar17 |
Mar18 |
Mar19 |
Mar20 |
Mar21 |
Mar22 |
Mar23 |
Mar24 |
| Interest Expense |
|
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|
|
|
-29,095.60 |
-23,160.20 |
-24,392.50 |
-25,041.20 |
-24,512.90 |
|
Reliance Power Quarterly Data
|
|
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
Mar24 |
| Interest Expense |
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|
|
|
|
|
|
|
|
|
|
|
|
|
-5,516.80 |
-6,202.60 |
-7,250.50 |
-6,067.00 |
-4,992.80 |
Reliance Power 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 ₹-24,513 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.
Reliance Power (NSE:RPOWER) 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.
Reliance Power's Interest Expense for the
three
months ended in Mar. 2024 was ₹-4,993 Mil. Its
Operating Income
for the
three
months ended in Mar. 2024 was ₹-1,073 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Mar. 2024 was ₹94,095 Mil.
Reliance Power's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as
| Reliance Power 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.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Reliance Power Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.
Reliance Power (NSE:RPOWER) Business Description
Traded in Other Exchanges
Address
19, Walchand Hirachand Marg, Reliance Centre, Ground Floor, Ballard Estate, Mumbai, MH, IND, 400 001
Reliance Power Ltd is an electric utility that constructs, develops, and operates power generation projects. Generation of power is its lone operating segment and includes all of the firm's projects. Categorized as either operating, under construction, or under development, these projects generate electricity using thermal fuel sources or renewable resources. Sizable coal reserves in central India and Indonesia drive coal-based power projects. Renewable resource projects leverage solar, hydro, and wind power. Reliance derives its revenue from the sale of energy, but support service agreements contribute as well.
Reliance Power (NSE:RPOWER) Headlines
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