Rainbow Childrens Medicare (BOM:543524) Interest Expense : ₹-591 Mil (TTM As of Mar. 2024)

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What is Rainbow Childrens Medicare Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rainbow Childrens Medicare's interest expense for the three months ended in Mar. 2024 was ₹ -168 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-591 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. Rainbow Childrens Medicare's Operating Income for the three months ended in Mar. 2024 was ₹ 732 Mil. Rainbow Childrens Medicare's Interest Expense for the three months ended in Mar. 2024 was ₹ -168 Mil. Rainbow Childrens Medicare's Interest Coverage for the quarter that ended in Mar. 2024 was 4.35. 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.

Rainbow Childrens Medicare Interest Expense Historical Data

The historical data trend for Rainbow Childrens Medicare'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.

Rainbow Childrens Medicare Interest Expense Chart

Rainbow Childrens Medicare Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-446.06

-432.44

-532.03

-551.95

-590.54

Rainbow Childrens Medicare Quarterly Data
	Mar19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial											-140.73	-146.07	-133.38	-142.62	-168.47

Rainbow Childrens Medicare 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 ₹-591 Mil.

Rainbow Childrens Medicare (BOM:543524) 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.

Rainbow Childrens Medicare's Interest Expense for the three months ended in Mar. 2024 was ₹-168 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹732 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹7,483 Mil.

Rainbow Childrens Medicare'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	*	732.44	/	-168.47
	=	4.35

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

Rainbow Childrens Medicare (BOM:543524) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Rainbow Childrens Medicare Ltd (BOM:543524) » Definitions » Interest Expense

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RAINBOW:India

Address

Road No. 2, Banjara Hills, 8-2-120/103/1, Survey No. 403, Hyderabad, TG, IND, 500034

Website

https://www.rainbowhospitals.in

Rainbow Childrens Medicare Ltd operates a multi-specialty pediatric, obstetrics, and gynecology hospital chain in India. The company offers a wide range of services such as newborn and pediatric intensive care, pediatric multi-specialty services, pediatric quaternary care, obstetrics, and gynecology, which includes normal and complex obstetric care, and multidisciplinary fetal care, perinatal genetic and fertility care.

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