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Hindustan Construction Co (NSE:HCC) Interest Expense : ₹-8,172 Mil (TTM As of Mar. 2024)


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What is Hindustan Construction Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hindustan Construction Co's interest expense for the three months ended in Mar. 2024 was ₹ -1,648 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-8,172 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. Hindustan Construction Co's Operating Income for the three months ended in Mar. 2024 was ₹ -1,354 Mil. Hindustan Construction Co's Interest Expense for the three months ended in Mar. 2024 was ₹ -1,648 Mil. Hindustan Construction Co 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.


Hindustan Construction Co Interest Expense Historical Data

The historical data trend for Hindustan Construction Co'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.

Hindustan Construction Co Interest Expense Chart

Hindustan Construction Co 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 -7,647.00 -9,540.20 -9,697.00 -10,123.10 -8,132.70

Hindustan Construction Co 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 -2,659.90 -2,501.00 -2,560.80 -1,462.50 -1,647.80

Hindustan Construction Co 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 ₹-8,172 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.


Hindustan Construction Co  (NSE:HCC) 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.

Hindustan Construction Co's Interest Expense for the three months ended in Mar. 2024 was ₹-1,648 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-1,354 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹17,684 Mil.

Hindustan Construction Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Hindustan Construction Co 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.


Hindustan Construction Co (NSE:HCC) Business Description

Traded in Other Exchanges
Address
Lal Bahadur Shastri Marg, Hincon House, C-101, 1st Floor, 247 Park, Vikhroli (West), Mumbai, MH, IND, 400083
Hindustan Construction Co Ltd is engaged in the EPC(Engineering, Procurement, and Construction) Business. It is involved in high-value projects that span across diverse sectors such as transportation, power, marine projects, irrigation and water supply, special buildings and industrial plants. Its business segments include Engineering and Construction, which is the key revenue driver; Infrastructure; Real Estate; and others.

Hindustan Construction Co (NSE:HCC) Headlines