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TVS Motor Co (NSE:TVSMOTOR) Interest Expense : ₹-19,277 Mil (TTM As of Mar. 2024)


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What is TVS Motor Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TVS Motor Co's interest expense for the three months ended in Mar. 2024 was ₹ -5,130 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-19,277 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. TVS Motor Co's Operating Income for the three months ended in Mar. 2024 was ₹ 12,163 Mil. TVS Motor Co's Interest Expense for the three months ended in Mar. 2024 was ₹ -5,130 Mil. TVS Motor Co's Interest Coverage for the quarter that ended in Mar. 2024 was 2.37. 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.

TVS Motor Co Interest Expense Historical Data

The historical data trend for TVS Motor Co'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.

TVS Motor Co Interest Expense Chart

TVS Motor Co 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 -6,655.80 -8,559.50 -8,828.10 -13,678.90 -19,277.20

TVS Motor Co 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 -3,982.60 -4,370.50 -4,832.70 -4,944.40 -5,129.60

TVS Motor Co 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 ₹-19,277 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.

TVS Motor Co  (NSE:TVSMOTOR) 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.

TVS Motor Co's Interest Expense for the three months ended in Mar. 2024 was ₹-5,130 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹12,163 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹131,330 Mil.

TVS Motor Co'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*12162.6/-5129.6
=2.37

* 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.

TVS Motor Co (NSE:TVSMOTOR) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » TVS Motor Co Ltd (NSE:TVSMOTOR) » Definitions » Interest Expense
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Traded in Other Exchanges
532343:India
Address
No. 12, Khader Nawaz Khan Road, Chaitanya, Nungambakkam, Chennai, TN, IND, 600 006
Website
https://www.tvsmotor.com
TVS Motor Co Ltd is an Indian automobile manufacturing company focused on the production of two-wheeled vehicles. The company principally manufactures motorcycles, scooters, mopeds, three-wheelers, and related spare parts and accessories. The company's operating divisions are Automotive vehicles and parts, Automotive Components, Financial Services, and Others. The company generates a majority of its revenue from the Automotive vehicles and parts division.

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