GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Reliance Home Finance Ltd (BOM:540709) » Definitions » Interest Expense

Reliance Home Finance (BOM:540709) Interest Expense : ₹0.00 Mil (TTM As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Reliance Home Finance Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Reliance Home Finance's interest expense for the three months ended in Mar. 2024 was ₹ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹0.00 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. Reliance Home Finance's Operating Income for the three months ended in Mar. 2024 was ₹ -67.52 Mil. Reliance Home Finance's Interest Expense for the three months ended in Mar. 2024 was ₹ 0.00 Mil. GuruFocus does not calculate Reliance Home Finance's interest coverage with the available data. 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.

Reliance Home Finance Interest Expense Historical Data

The historical data trend for Reliance Home Finance'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.

Reliance Home Finance Interest Expense Chart

Reliance Home Finance 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 -24.80 -208.40 -24.80 -24.80 -

Reliance Home Finance 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 - - - - -

Reliance Home Finance 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 ₹0.00 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.

Reliance Home Finance  (BOM:540709) 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.

Reliance Home Finance's Interest Expense for the three months ended in Mar. 2024 was ₹0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹-67.52 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹914.13 Mil.

Reliance Home Finance's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

GuruFocus does not calculate Reliance Home Finance's interest coverage with the available data.

* 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.

Reliance Home Finance (BOM:540709) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Reliance Home Finance Ltd (BOM:540709) » Definitions » Interest Expense
Comparable Companies
BOM:532812 BOM:511533 BOM:530979 BOM:523465 BOM:511740 BOM:532217 BOM:531003 BOM:530663 BOM:523862 BOM:534680 COOP PFSI NSE:LICHSGFIN NSE:PNBHOUSING WD BOM:543335 TSX:FN BOM:541988 LSE:OSB LSE:PAG
Traded in Other Exchanges
RHFL:India
Address
The Ruby, Senapati Bapat Marg, North-West Wing, Plot No. 29, 11th Floor, Dadar West, Mumbai, MH, IND, 400 028
Website
https://www.reliancehomefinance.com
Reliance Home Finance Ltd is an India-based company engaged in the housing finance business. It provides a range of housing finance solutions such as home loans, affordable housing loans, loan against property, and construction finance. In addition, it also provides property solutions service. The company derives key revenue from the interest received from housing and other loans. The business operations of the company are carried out in India.

Reliance Home Finance (BOM:540709) Headlines

No Headlines