GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jet Airways (India) Ltd (BOM:532617) » Definitions » Interest Expense

Jet Airways (India) (BOM:532617) Interest Expense : ₹-37.1 Mil (TTM As of Jun. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Jet Airways (India) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jet Airways (India)'s interest expense for the three months ended in Jun. 2023 was ₹ -6.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was ₹-37.1 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. Jet Airways (India)'s Operating Income for the three months ended in Jun. 2023 was ₹ -515.2 Mil. Jet Airways (India)'s Interest Expense for the three months ended in Jun. 2023 was ₹ -6.4 Mil. Jet Airways (India) did not have earnings to cover the interest expense. 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.


Jet Airways (India) Interest Expense Historical Data

The historical data trend for Jet Airways (India)'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.

Jet Airways (India) Interest Expense Chart

Jet Airways (India) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7,397.80 -3,018.60 -288.00 -70.00 -42.80

Jet Airways (India) Quarterly Data
Mar17 Mar18 Sep18 Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -12.10 -11.40 -11.50 -7.80 -6.40

Jet Airways (India) 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-37.1 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.


Jet Airways (India)  (BOM:532617) 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.

Jet Airways (India)'s Interest Expense for the three months ended in Jun. 2023 was ₹-6.4 Mil. Its Operating Income for the three months ended in Jun. 2023 was ₹-515.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was ₹0.0 Mil.

Jet Airways (India)'s Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Jet Airways (India) did not have earnings to cover the interest expense.

* 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.


Jet Airways (India) (BOM:532617) Business Description

Traded in Other Exchanges
Address
252, LBS Marg, Global One, 3rd Floor, Kurla (West), Mumbai, MH, IND, 400070
Jet Airways (India) Ltd is an international airline operating out of India. The company principal activities include carriage of passengers and cargo in Domestic and International sectors. Passenger tickets may be purchased on its website and through mobile applications. It has arrangements with multiple international airlines to expand global destinations and increase access for customers. Additionally, multiple partnerships with hotels, dining and others allow customers to make accommodations for an entire trip. Geographically, it derives a majority of revenue from India.

Jet Airways (India) (BOM:532617) Headlines

No Headlines