Landmark Cars (NSE:LANDMARK) Interest Expense : ₹-535 Mil (TTM As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Landmark Cars Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Landmark Cars's interest expense for the three months ended in Mar. 2024 was ₹ -137 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-535 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. Landmark Cars's Operating Income for the three months ended in Mar. 2024 was ₹ 264 Mil. Landmark Cars's Interest Expense for the three months ended in Mar. 2024 was ₹ -137 Mil. Landmark Cars's Interest Coverage for the quarter that ended in Mar. 2024 was 1.93. 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.

Landmark Cars Interest Expense Historical Data

The historical data trend for Landmark Cars'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.

Landmark Cars Interest Expense Chart

Landmark Cars Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

-435.54

-367.19

-341.54

-510.96

-534.69

Landmark Cars Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial							-101.78	-110.97	-139.10	-148.06	-136.56

Landmark Cars 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 ₹-535 Mil.

Landmark Cars (NSE:LANDMARK) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Landmark Cars's Interest Expense for the three months ended in Mar. 2024 was ₹-137 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹264 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹2,611 Mil.

Landmark Cars'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	*	263.94	/	-136.56
	=	1.93

The higher the ratio, the stronger the company's financial strength is.

Landmark Cars (NSE:LANDMARK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Landmark Cars Ltd (NSE:LANDMARK) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

543714:India

Address

G. M. Bhosale Marg, Unit No. 201 to 203, Landmark, 2nd Floor, Worli, Mumbai, MH, IND, 400018

Website

https://www.grouplandmark.in

Landmark Cars Ltd has a presence across the automotive retail value chain, including sales of new vehicles, after-sales service, and repairs, sales of pre-owned passenger vehicles, and facilitation of the sales of third-party financial and insurance products. The company is operating in a single segment namely the dealership of cars in India. The company's revenue is generated entirely within India.

Landmark Cars (NSE:LANDMARK) Headlines

No Headlines