Tata Motors (XSWX:TTM) Interest Expense : CHF-1,129 Mil (TTM As of Dec. 2023)

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What is Tata Motors Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tata Motors's interest expense for the three months ended in Dec. 2023 was CHF -258 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was CHF-1,129 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. Tata Motors's Operating Income for the three months ended in Dec. 2023 was CHF 178 Mil. Tata Motors's Interest Expense for the three months ended in Dec. 2023 was CHF -258 Mil. Tata Motors's Interest Coverage for the quarter that ended in Dec. 2023 was 0.69. 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.

Tata Motors Interest Expense Historical Data

The historical data trend for Tata Motors'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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Tata Motors Interest Expense Chart

Tata Motors Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-829.12

-933.63

-1,032.22

-1,135.91

-1,150.37

Tata Motors Quarterly Data
	Mar13	Dec13	Mar14	Dec14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-302.25	-297.19	-286.40	-287.16	-258.12

Tata Motors 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-1,129 Mil.

Tata Motors (XSWX:TTM) 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.

Tata Motors's Interest Expense for the three months ended in Dec. 2023 was CHF-258 Mil. Its Operating Income for the three months ended in Dec. 2023 was CHF178 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was CHF0 Mil.

Tata Motors's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	177.791	/	-258.12
	=	0.69

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

Tata Motors (XSWX:TTM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tata Motors Ltd (XSWX:TTM) » Definitions » Interest Expense

Traded in Other Exchanges

TATAMTRDVR:India TATAMOTORS:India 570001:India 500570:India

Address

24, Homi Mody Street, Bombay House, Mumbai, MH, IND, 400 001

Website

https://www.tatamotors.com

Tata Motors Ltd is an automobile manufacturer company. The company's segment includes Automotive and others. The Automotive segment consists of four reportable sub-segments: Tata Commercial Vehicles, Tata Passenger Vehicles, Jaguar Land Rover, and Vehicle Financing. Others consist of IT services and Insurance Broking services. Geographically, it derives a majority of its revenue from India.