Kovai Medical Center & Hospital (BOM:523323) Interest Expense : ₹-329 Mil (TTM As of Mar. 2024)

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What is Kovai Medical Center & Hospital Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kovai Medical Center & Hospital's interest expense for the three months ended in Mar. 2024 was ₹ -69 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-329 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. Kovai Medical Center & Hospital's Operating Income for the three months ended in Mar. 2024 was ₹ 681 Mil. Kovai Medical Center & Hospital's Interest Expense for the three months ended in Mar. 2024 was ₹ -69 Mil. Kovai Medical Center & Hospital's Interest Coverage for the quarter that ended in Mar. 2024 was 9.89. 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.

Kovai Medical Center & Hospital Interest Expense Historical Data

The historical data trend for Kovai Medical Center & Hospital'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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Kovai Medical Center & Hospital Interest Expense Chart

Kovai Medical Center & Hospital Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-142.50

-307.04

-432.30

-401.56

-329.44

Kovai Medical Center & Hospital 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															-99.64	-104.51	-82.61	-73.44	-68.89

Kovai Medical Center & Hospital 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 ₹-329 Mil.

Kovai Medical Center & Hospital (BOM:523323) 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.

Kovai Medical Center & Hospital's Interest Expense for the three months ended in Mar. 2024 was ₹-69 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹681 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹2,865 Mil.

Kovai Medical Center & Hospital'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	*	681.48	/	-68.885
	=	9.89

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

Kovai Medical Center & Hospital (BOM:523323) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Kovai Medical Center & Hospital Ltd (BOM:523323) » Definitions » Interest Expense

Comparable Companies

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N/A

Address

No. 99, Avanashi Road, Post Box No. 3209, Coimbatore, TN, IND, 641 014

Website

https://www.kmchhospitals.com

Kovai Medical Center & Hospital Ltd provides hospital services to inpatients and outpatients. The company's operating segments include Healthcare Services and Education Services. It generates maximum revenue from the Healthcare segment. The company operates various medical facilities, which provide services related to critical care medicine, dermatology, emergency, Endocrinology and Diabetology, fertility and reproductive medicine, gastroenterology, neonatology, nephrology, neurology, obstetrics and gynecology, pediatric surgery, pulmonology, psychological medicine, and rheumatology, as well as health check programs and pediatrics.

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