GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » HPL Electric & Power Ltd (NSE:HPL) » Definitions » Interest Expense

HPL Electric & Power (NSE:HPL) Interest Expense : ₹-896 Mil (TTM As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is HPL Electric & Power Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. HPL Electric & Power's interest expense for the three months ended in Mar. 2024 was ₹ -240 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-896 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. HPL Electric & Power's Operating Income for the three months ended in Mar. 2024 was ₹ 437 Mil. HPL Electric & Power's Interest Expense for the three months ended in Mar. 2024 was ₹ -240 Mil. HPL Electric & Power's Interest Coverage for the quarter that ended in Mar. 2024 was 1.82. 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.

HPL Electric & Power Interest Expense Historical Data

The historical data trend for HPL Electric & Power'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.

HPL Electric & Power Interest Expense Chart

HPL Electric & Power 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 -551.79 -559.04 -572.39 -753.79 -896.37

HPL Electric & Power 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 -200.36 -215.45 -220.82 -220.22 -239.89

HPL Electric & Power 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 ₹-896 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.

HPL Electric & Power  (NSE:HPL) 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.

HPL Electric & Power's Interest Expense for the three months ended in Mar. 2024 was ₹-240 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹437 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹925 Mil.

HPL Electric & Power'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*436.547/-239.892
=1.82

* 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.

HPL Electric & Power (NSE:HPL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » HPL Electric & Power Ltd (NSE:HPL) » Definitions » Interest Expense
Comparable Companies
BOM:504132 BOM:522281 BOM:540795 NSE:SPECTRUM NSE:EQSERVOTECH BOM:590031 BOM:543725 BOM:504036 BOM:504212 BOM:517059 SZSE:300750 XSWX:ABBN BKK:DELTA TSE:6503 XPAR:LR SZSE:300124 SZSE:300274 XKRX:247540 HUBB VRT
Traded in Other Exchanges
540136:India
Address
Windsor Business Park, B-1D, Sector-10, Noida, UP, IND, 201 301
Website
https://www.hplindia.com
HPL Electric & Power Ltd is an Indian company engaged in manufacturing electric equipment across the key verticals: Metering, Switchgear, Lighting and Electronics, and Cables. It derives key revenue from the Metering division. The product portfolio includes digital panel meters, smart Meter, Net Meter for Solar Roof Top, Prepaid Metering Solutions, Ebrit Digital Panel Meter ,cordless chimes, Trivector Meter. Geographically, majority of its revenue is generated in India.

HPL Electric & Power (NSE:HPL) Headlines

No Headlines