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IVRCL (BOM:530773) Interest Expense : ₹-25,674 Mil (TTM As of Mar. 2023)


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What is IVRCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. IVRCL's interest expense for the six months ended in Mar. 2023 was ₹ -25,674 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 was ₹-25,674 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. IVRCL's Operating Income for the six months ended in Mar. 2023 was ₹ -888 Mil. IVRCL's Interest Expense for the six months ended in Mar. 2023 was ₹ -25,674 Mil. IVRCL 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.


IVRCL Interest Expense Historical Data

The historical data trend for IVRCL'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.

IVRCL Interest Expense Chart

IVRCL Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13,971.38 -15,673.02 -18,490.34 -22,458.61 -25,673.92

IVRCL Semi-Annual Data
Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Jun12 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
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 -13,971.38 -15,673.02 -18,490.34 -22,458.61 -25,673.92

IVRCL Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Mar. 2023 was ₹-25,674 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.


IVRCL  (BOM:530773) 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.

IVRCL's Interest Expense for the six months ended in Mar. 2023 was ₹-25,674 Mil. Its Operating Income for the six months ended in Mar. 2023 was ₹-888 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2023 was ₹857 Mil.

IVRCL's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

IVRCL 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.


IVRCL (BOM:530773) Business Description

Traded in Other Exchanges
N/A
Address
MIHIR, 8-2-350/5/A/24/1-B&2, Road No. 2, Panchavati Colony, Banjara Hills, Hyderabad, TG, IND, 500034
IVRCL Ltd is an India-based engineering and construction company. The core areas of the company's work are in sectors like water and environment projects, irrigation, transportation, buildings and industrial structures, power distribution and transmission projects, operations and maintenance, mining, overseas forays, and others. Its water and environmental projects include drinking water supply schemes, hydropower, sewage systems, and others. In addition, it is also engaged in real estate and manufacturing operations. The business segment of the company is Engineering and Construction. The majority of revenue is derived from India.

IVRCL (BOM:530773) Headlines

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