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Blue Dart Express (BOM:526612) Interest Expense : ₹-781 Mil (TTM As of Mar. 2024)


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What is Blue Dart Express Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Blue Dart Express's interest expense for the three months ended in Mar. 2024 was ₹ -194 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-781 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. Blue Dart Express's Operating Income for the three months ended in Mar. 2024 was ₹ 1,132 Mil. Blue Dart Express's Interest Expense for the three months ended in Mar. 2024 was ₹ -194 Mil. Blue Dart Express's Interest Coverage for the quarter that ended in Mar. 2024 was 5.85. 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.

Blue Dart Express Interest Expense Historical Data

The historical data trend for Blue Dart Express'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.

Blue Dart Express Interest Expense Chart

Blue Dart Express 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 -1,173.80 -1,109.50 -869.70 -668.50 -780.60

Blue Dart Express 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 -149.20 -194.90 -195.40 -196.70 -193.60

Blue Dart Express 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 ₹-781 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.

Blue Dart Express  (BOM:526612) 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.

Blue Dart Express's Interest Expense for the three months ended in Mar. 2024 was ₹-194 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹1,132 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹6,005 Mil.

Blue Dart Express's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*1132.4/-193.6
=5.85

* 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.

Blue Dart Express (BOM:526612) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Blue Dart Express Ltd (BOM:526612) » Definitions » Interest Expense
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Traded in Other Exchanges
BLUEDART:India
Address
Sahar Airport Road, Blue Dart Centre, Andheri (East), Mumbai, MH, IND, 400 099
Website
https://www.bluedart.com
Blue Dart Express Ltd is a courier and package delivery company which focuses on express delivery using air and ground transportation in India. The company is headquartered in India, and generates all revenue domestically. Blue Dart Express operates through a single segment, and provides integrated air and ground transportation to distribute packages to various destinations within India. The company also operates and maintains aircraft for the purpose of package delivery.

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