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Westlife Foodworld (BOM:505533) Interest Expense : ₹-1,097 Mil (TTM As of Mar. 2024)


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What is Westlife Foodworld Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Westlife Foodworld's interest expense for the three months ended in Mar. 2024 was ₹ -282 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-1,097 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. Westlife Foodworld's Operating Income for the three months ended in Mar. 2024 was ₹ 10,080 Mil. Westlife Foodworld's Interest Expense for the three months ended in Mar. 2024 was ₹ -282 Mil. Westlife Foodworld's Interest Coverage for the quarter that ended in Mar. 2024 was 35.73. 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.


Westlife Foodworld Interest Expense Historical Data

The historical data trend for Westlife Foodworld'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.

Westlife Foodworld Interest Expense Chart

Westlife Foodworld 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 -805.81 -840.23 -820.97 -927.47 -1,097.21

Westlife Foodworld 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 -253.27 -260.15 -273.80 -281.18 -282.09

Westlife Foodworld 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 ₹-1,097 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.


Westlife Foodworld  (BOM:505533) 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.

Westlife Foodworld's Interest Expense for the three months ended in Mar. 2024 was ₹-282 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹10,080 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹13,625 Mil.

Westlife Foodworld'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*10079.808/-282.085
=35.73

* 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.


Westlife Foodworld (BOM:505533) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, 1001, Tower 3, 10th Floor, One International Center, Prabhadevi, Mumbai, MH, IND, 400 013
Westlife Foodworld Ltd owns and operates several hundred McDonald's restaurants in western and southern India through a master franchise agreement with McDonald's Corp. The company's sole business segment is quick-service restaurants, and all of its sales are generated in India. The McDonald's menu is customized to cater to Indian tastes, with options such as the McAloo Tikki burger, Veg Pizza McPuff, and the Maharaja Mac. McDonald's restaurants in India serve no beef or pork and isolate vegetarian and nonvegetarian ingredients at all times.

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