Vedanta (NSE:VEDL) Interest Expense : ₹-86,890 Mil (TTM As of Sep. 2024)

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What is Vedanta Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vedanta's interest expense for the three months ended in Sep. 2024 was ₹ -26,670 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-86,890 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. Vedanta's Operating Income for the three months ended in Sep. 2024 was ₹ 71,320 Mil. Vedanta's Interest Expense for the three months ended in Sep. 2024 was ₹ -26,670 Mil. Vedanta's Interest Coverage for the quarter that ended in Sep. 2024 was 2.67. 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.

Vedanta Interest Expense Historical Data

The historical data trend for Vedanta'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.

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Vedanta Interest Expense Chart

Vedanta Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-47,180.00

-49,601.00

-44,980.00

-58,460.00

-84,330.00

Vedanta 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															-25,230.00	-24,170.00	-13,830.00	-22,220.00	-26,670.00

Vedanta 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 ₹-86,890 Mil.

Vedanta (NSE:VEDL) 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.

Vedanta's Interest Expense for the three months ended in Sep. 2024 was ₹-26,670 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₹71,320 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₹509,920 Mil.

Vedanta'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	*	71320	/	-26670
	=	2.67

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

Vedanta Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vedanta Ltd (NSE:VEDL) » Definitions » Interest Expense

Traded in Other Exchanges

500295:India

Address

Unit 103, Corporate Avenue, 1st Floor, C Wing, Atul Projects, Chakala, Andheri (East), Mumbai, MH, IND, 400093

Website

https://www.vedantalimited.com

Vedanta Ltd is a diversified natural resource company engaged in exploring, extracting and processing minerals and oil and gas. It focused on zinc, lead, silver, aluminium, copper, iron ore, oil and gas, and commercial power. The company has operations across India, South Africa, Namibia, Ireland, and Australia. The company has five reportable segments: oil and gas, aluminium, copper, iron ore and power. It derives the majority of revenue from the aluminium segment.