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Urban Enviro Waste Management (NSE:URBAN) Interest Expense : ₹-26 Mil (TTM As of Sep. 2024)


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What is Urban Enviro Waste Management Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Urban Enviro Waste Management's interest expense for the six months ended in Sep. 2024 was ₹ -14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-26 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. Urban Enviro Waste Management's Operating Income for the six months ended in Sep. 2024 was ₹ 121 Mil. Urban Enviro Waste Management's Interest Expense for the six months ended in Sep. 2024 was ₹ -14 Mil. Urban Enviro Waste Management's Interest Coverage for the quarter that ended in Sep. 2024 was 8.49. 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.

Urban Enviro Waste Management Interest Expense Historical Data

The historical data trend for Urban Enviro Waste Management'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.

Urban Enviro Waste Management Interest Expense Chart

Urban Enviro Waste Management Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
-1.74 -1.76 -2.76 -18.46 -23.41

Urban Enviro Waste Management Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Interest Expense Get a 7-Day Free Trial -6.49 -11.97 -11.75 -11.67 -14.21

Urban Enviro Waste Management 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-26 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.

Urban Enviro Waste Management  (NSE:URBAN) 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.

Urban Enviro Waste Management's Interest Expense for the six months ended in Sep. 2024 was ₹-14 Mil. Its Operating Income for the six months ended in Sep. 2024 was ₹121 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was ₹190 Mil.

Urban Enviro Waste Management's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*120.598/-14.206
=8.49

* 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.

Urban Enviro Waste Management Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Urban Enviro Waste Management Ltd (NSE:URBAN) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Flat/Plot No. 401/127, Sarkar Apartment, Shankar Nagar, Nagpur, MH, IND, 440010
Website
http://www.urbanenviroltd.com
Urban Enviro Waste Management Ltd is engaged in the Indian MSW (Municipal Solid Waste) management industry providing MSW services which include solid waste collection, transportation, segregation of waste, and processing and disposal services across the cities in Gujarat, Rajasthan, Madhya Pradesh, Maharashtra, and Chattisgarh catering to local municipalities. The company helps to maintain cleanliness and sanitation in urban areas The company mainly operates in one segment which comprises waste management including Municipal Solid Waste, Biomedical, Industrial, slaughterhouse waste, and agricultural waste.

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