Narayana Hrudayalaya (NSE:NH) Interest Expense : ₹-969 Mil (TTM As of Mar. 2024)

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What is Narayana Hrudayalaya Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Narayana Hrudayalaya's interest expense for the three months ended in Mar. 2024 was ₹ -280 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-969 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. Narayana Hrudayalaya's Operating Income for the three months ended in Mar. 2024 was ₹ 2,298 Mil. Narayana Hrudayalaya's Interest Expense for the three months ended in Mar. 2024 was ₹ -280 Mil. Narayana Hrudayalaya's Interest Coverage for the quarter that ended in Mar. 2024 was 8.20. 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.

Narayana Hrudayalaya Interest Expense Historical Data

The historical data trend for Narayana Hrudayalaya'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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Narayana Hrudayalaya Interest Expense Chart

Narayana Hrudayalaya Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-849.22

-753.97

-655.71

-694.60

-968.82

Narayana Hrudayalaya 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															-205.87	-209.44	-228.55	-250.59	-280.24

Narayana Hrudayalaya 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 ₹-969 Mil.

Narayana Hrudayalaya (NSE:NH) 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.

Narayana Hrudayalaya's Interest Expense for the three months ended in Mar. 2024 was ₹-280 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹2,298 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹13,446 Mil.

Narayana Hrudayalaya'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	*	2298.4	/	-280.24
	=	8.20

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

Narayana Hrudayalaya (NSE:NH) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Narayana Hrudayalaya Ltd (NSE:NH) » Definitions » Interest Expense

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539551:India

Address

Hosur Road, Anekal Taluk, 261/A, 2nd Floor, Bommasandra Industrial Area, Bengaluru, KA, IND, 560099

Website

https://www.narayanahealth.org

Narayana Hrudayalaya Ltd is an India-based medical and healthcare service provider. It operates a chain of multispecialty, tertiary healthcare facilities. The hospital offers medical services in the field of dermatology, haematology, neurology, orthopaedics, paediatrics, cancer care, cardiology, pulmonology, and others. It also provides surgery services such as Cardiac Surgery, Neurosurgery, Thoracic Surgery, Renal Transplant and others. Imaging and radiology services, Physiotherapy sessions, and blood banks service are some of the diagnostics and support provided by the hospital. It has business operations in India and the Rest of the world, of which maximum revenue is generated from the business operations in India.

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