Videocon Industries (NSE:VIDEOIND) Interest Expense: ₹-83,013 Mil (TTM As of Jun. 2024)


NSE:VIDEOIND Videocon Industries Ltd NSE:VIDEOIND
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What is Videocon Industries Interest Expense?

Videocon Industries NSE:VIDEOIND 4 Interest Expense is ₹-83,013 Mil as of Jun. 2024. GuruFocus rates NSE:VIDEOIND with a GF Score™ of 4/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Videocon Industries's interest expense for the three months ended in Jun. 2024 was ₹ -21,641 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ₹-83,013 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. Videocon Industries's Operating Income for the three months ended in Jun. 2024 was ₹ -804 Mil. Videocon Industries's Interest Expense for the three months ended in Jun. 2024 was ₹ -21,641 Mil. Videocon Industries 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.

Videocon Industries  (NSE:VIDEOIND) 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.

Videocon Industries's Interest Expense for the three months ended in Jun. 2024 was ₹-21,641 Mil. Its Operating Income for the three months ended in Jun. 2024 was ₹-804 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ₹0 Mil.

Videocon Industries's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Videocon Industries 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.

Videocon Industries Interest Expense Historical Data

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The historical data trend for Videocon Industries'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.

Videocon Industries Interest Expense Chart

Videocon Industries Annual Data
Trend Dec14 Dec15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -43,111.31 -47,515.21 -56,935.54 -66,656.36 -80,060.87

Videocon Industries Quarterly Data
Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -18,688.69 -19,666.52 -20,622.01 -21,083.65 -21,640.58
NSE:VIDEOIND
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Videocon Industries Ltd NSE:VIDEOIND
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Videocon Industries 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-83,013 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ₹-83,013 Mil mean?
Videocon Industries (NSE:VIDEOIND) has a Interest Expense of ₹-83,013 Mil as of Jun. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Videocon Industries and its competitors.
Is Videocon Industries' Interest Expense too high?
Videocon Industries' current Interest Expense is ₹-83,013 Mil. Overall, Videocon Industries has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Videocon Industries' Interest Expense compare to FBHS and WHR?
Videocon Industries' Interest Expense of ₹-83,013 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Oil & Gas company?
A good Interest Expense depends on the Oil & Gas industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Videocon Industries and its competitors. Videocon Industries's current Interest Expense is ₹-83,013 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Videocon Industries stock overvalued right now?
Videocon Industries (NSE:VIDEOIND) has a current Interest Expense of ₹-83,013 Mil. The current Interest Expense is ₹-83,013 Mil. Videocon Industries' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Videocon Industries (NSE:VIDEOIND), the current Interest Expense is ₹-83,013 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Videocon Industries Business Description

Industry EnergyOil & Gas
Address 14 KM Stone, Aurangabad - Paithan Road, Village Chittegaon, Taluka Paithan, Aurangabad, MH, IND, 431 105
Videocon Industries Ltd is an India-based company that focuses on manufacturing and distributing a variety of consumer durables and extraction of crude oil and natural gas. The company is principally engaged in two business segments: consumer electronics and home appliances and crude oil and natural gas. The crude oil and natural gas segment generates the maximum revenue for the company through the extraction and production of natural oil and gas. The consumer electronics and home appliances business focuses on manufacturing products that include air conditioners, refrigerators, televisions, washing machines, and small home appliances.
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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