NHPC (NSE:NHPC) Interest Expense : ₹-17,319 Mil (TTM As of Dec. 2023)

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What is NHPC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NHPC's interest expense for the three months ended in Dec. 2023 was ₹ -970 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-17,319 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. NHPC's Operating Income for the three months ended in Dec. 2023 was ₹ 4,247 Mil. NHPC's Interest Expense for the three months ended in Dec. 2023 was ₹ -970 Mil. NHPC's Interest Coverage for the quarter that ended in Dec. 2023 was 4.38. 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.

NHPC Interest Expense Historical Data

The historical data trend for NHPC'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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NHPC Interest Expense Chart

NHPC Annual Data

Trend

Mar14

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Mar23

Interest Expense

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-12,851.60

-14,709.00

-15,160.60

-15,587.30

-17,844.50

NHPC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-1,199.20	-14,210.20	-1,090.40	-1,048.20	-970.40

NHPC 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-17,319 Mil.

NHPC (NSE:NHPC) 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.

NHPC's Interest Expense for the three months ended in Dec. 2023 was ₹-970 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹4,247 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

NHPC's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	4246.9	/	-970.4
	=	4.38

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

NHPC (NSE:NHPC) Business Description

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533098:India

Address

NHPC Office Complex, Sector 33, Faridabad, HR, IND, 121003

Website

https://www.nhpcindia.com

NHPC Ltd is an Indian electric utility company of which the Indian government owns the vast majority of shares. The company produces electricity through the operation of its portfolio of hydroelectric power plants located across India. Electricity generation (including income from embedded Finance/ Operating leases) is the principal business activity of the Company. NHPC generates most of its revenue from the sale of energy to state electricity boards, state energy departments, and their successor companies via long-term agreements. The company has made efforts to expand its electric production capacity with thermal, wind, and solar power generating facilities. NHPC operates its power development and secondary consulting businesses exclusively in India.

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