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Jaiprakash Power Ventures (BOM:532627) Interest Expense : ₹-3,301 Mil (TTM As of Mar. 2024)


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What is Jaiprakash Power Ventures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jaiprakash Power Ventures's interest expense for the three months ended in Mar. 2024 was ₹ -1,086 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-3,301 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. Jaiprakash Power Ventures's Operating Income for the three months ended in Mar. 2024 was ₹ 6,104 Mil. Jaiprakash Power Ventures's Interest Expense for the three months ended in Mar. 2024 was ₹ -1,086 Mil. Jaiprakash Power Ventures's Interest Coverage for the quarter that ended in Mar. 2024 was 5.62. 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.


Jaiprakash Power Ventures Interest Expense Historical Data

The historical data trend for Jaiprakash Power Ventures'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.

Jaiprakash Power Ventures Interest Expense Chart

Jaiprakash Power Ventures 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 -6,196.30 -5,777.50 -5,561.10 -5,597.30 -4,492.40

Jaiprakash Power Ventures Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 -1,353.30 -1,369.10 -1,165.80 -1,049.10 -1,086.20

Jaiprakash Power Ventures 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 ₹-3,301 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.


Jaiprakash Power Ventures  (BOM:532627) 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.

Jaiprakash Power Ventures's Interest Expense for the three months ended in Mar. 2024 was ₹-1,086 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹6,104 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹36,267 Mil.

Jaiprakash Power Ventures'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*6104/-1086.2
=5.62

* 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.


Jaiprakash Power Ventures (BOM:532627) Business Description

Traded in Other Exchanges
Address
63, Basant Lok, JA House, Vasant Vihar, New Delhi, IND, 110 057
Jaiprakash Power Ventures Ltd is an Indian power company. The firm plan, develop, implement and operate power projects in India. In addition, it operates the largest hydroelectric power plant in the private sector in India. The company is also engaged in the business of cement grinding and captive coal mining operations. Its segments include Power & Transmission, Sand Mining, Coal, and Others. It generates a majority of its revenue from the Power and transmission segment. Geographically the company generates its revenue from India.

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