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V-Mart Retail (NSE:VMART) Interest Expense : ₹-1,424 Mil (TTM As of Mar. 2024)


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What is V-Mart Retail Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. V-Mart Retail's interest expense for the three months ended in Mar. 2024 was ₹ -359 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-1,424 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. V-Mart Retail's Operating Income for the three months ended in Mar. 2024 was ₹ -205 Mil. V-Mart Retail's Interest Expense for the three months ended in Mar. 2024 was ₹ -359 Mil. V-Mart Retail 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.

V-Mart Retail Interest Expense Historical Data

The historical data trend for V-Mart Retail'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.

V-Mart Retail Interest Expense Chart

V-Mart Retail 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 -545.05 -585.22 -768.66 -1,169.10 -1,423.70

V-Mart Retail 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 -336.20 -330.23 -358.90 -375.50 -359.10

V-Mart Retail 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 ₹-1,424 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.

V-Mart Retail  (NSE:VMART) 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.

V-Mart Retail's Interest Expense for the three months ended in Mar. 2024 was ₹-359 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-205 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹11,935 Mil.

V-Mart Retail's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

V-Mart Retail 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.

V-Mart Retail (NSE:VMART) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » V-Mart Retail Ltd (NSE:VMART) » Definitions » Interest Expense
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Traded in Other Exchanges
534976:India
Address
Plot No. 862, Udyog Vihar, Phase V, Industrial Area, Gurugram, HR, IND, 122016
Website
https://www.vmartretail.com
V-Mart Retail Ltd is engaged in retailing of readymade garments, accessories and other products. It is involved in the business of Value Retailing through the chain of stores situated at various cities in India. It provides a range of apparels and accessories for men, women, boys, girls, and toddlers. The company's general merchandise includes Footwear, Home furnishing, Kitchenware, Toys and games, Bags and luggage and Crockery. The company has two segments such as Retail Trade which includes Domestic sale to customer at stores and Digital Marketplace includes Commission and other income by providing Limeroad platform to vendors. It generates majority of its revenue from Retail Trade segment.

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