V2 Retail (BOM:532867) Interest Expense : ₹-472 Mil (TTM As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is V2 Retail Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. V2 Retail's interest expense for the three months ended in Mar. 2024 was ₹ -128 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-472 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. V2 Retail's Operating Income for the three months ended in Mar. 2024 was ₹ 119 Mil. V2 Retail's Interest Expense for the three months ended in Mar. 2024 was ₹ -128 Mil. V2 Retail's Interest Coverage for the quarter that ended in Mar. 2024 was 0.93. 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.

V2 Retail Interest Expense Historical Data

The historical data trend for V2 Retail'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.

V2 Retail Interest Expense Chart

V2 Retail Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-296.36

-312.81

-365.72

-405.53

-472.19

V2 Retail 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															-93.56	-104.38	-122.55	-117.00	-128.26

V2 Retail 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 ₹-472 Mil.

V2 Retail (BOM:532867) 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.

V2 Retail's Interest Expense for the three months ended in Mar. 2024 was ₹-128 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹119 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹4,060 Mil.

V2 Retail'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	*	119.492	/	-128.261
	=	0.93

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

V2 Retail (BOM:532867) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » V2 Retail Ltd (BOM:532867) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

V2RETAIL:India

Address

Khasra No. 928, Extended Lal Dora Abadi, Village Kapashera, Tehsil Vasant Vihar, South West Delhi, New Delhi, IND, 110037

Website

https://www.v2retail.com

V2 Retail Ltd is a retail company. The company is engaged in the business of retail sales of garments, textiles, and accessories in India. It carries out its business as a trader, dealer, whole seller, agent, distributor, consignor, consignee, retailer, job work, scourer, spinner, weaver, finisher, dyer, tailor and draper, and cutter of garments. Geographically, it derives all of its revenue from India. The company derives the majority of its revenue from the sale of apparel.

V2 Retail (BOM:532867) Headlines

No Headlines