Housing & Urban Development (NSE:HUDCO) Interest Expense : ₹-49,608 Mil (TTM As of Mar. 2024)

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What is Housing & Urban Development Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Housing & Urban Development's interest expense for the three months ended in Mar. 2024 was ₹ -12,403 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-49,608 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. Housing & Urban Development's Operating Income for the three months ended in Mar. 2024 was ₹ Mil. Housing & Urban Development's Interest Expense for the three months ended in Mar. 2024 was ₹ Mil. 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.

Housing & Urban Development Interest Expense Historical Data

The historical data trend for Housing & Urban Development'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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Housing & Urban Development Interest Expense Chart

Housing & Urban Development Annual Data

Trend

Mar15

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Mar17

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Mar24

Interest Expense

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-48,447.80

-47,648.20

-45,325.30

-45,070.80

-49,608.20

Housing & Urban Development 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															-11,501.40	-11,910.30	-12,167.60	-13,127.30	-12,403.00

Housing & Urban Development 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 ₹-49,608 Mil.

Housing & Urban Development (NSE:HUDCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Housing & Urban Development Corp Ltd (NSE:HUDCO) » Definitions » Interest Expense

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540530:India

Address

India Habitat Centre, Lodhi Road, HUDCO Bhawan, Core-7-A, New Delhi, IND, 110 003

Website

https://www.hudco.org

Housing & Urban Development Corp Ltd is engaged in providing long-term finance for the construction of houses for residential purposes or finances or undertaking housing and urban infrastructure development programs. The company provides loans for projects like water supply, roads and transport, power, social infrastructure, sewerage, drainage, solid waste management, and others.

Housing & Urban Development (NSE:HUDCO) Headlines

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