NCC (NSE:NCC) Interest Expense : ₹-5,948 Mil (TTM As of Mar. 2024)

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What is NCC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NCC's interest expense for the three months ended in Mar. 2024 was ₹ -1,531 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-5,948 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. NCC's Operating Income for the three months ended in Mar. 2024 was ₹ 4,981 Mil. NCC's Interest Expense for the three months ended in Mar. 2024 was ₹ -1,531 Mil. NCC's Interest Coverage for the quarter that ended in Mar. 2024 was 3.25. 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.

NCC Interest Expense Historical Data

The historical data trend for NCC'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.

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NCC Interest Expense Chart

NCC Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-4,172.70

-3,424.60

-3,362.40

-5,152.20

-5,947.50

NCC 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															-1,426.60	-1,322.90	-1,534.90	-1,558.70	-1,531.00

NCC 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 ₹-5,948 Mil.

NCC (NSE:NCC) 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.

NCC's Interest Expense for the three months ended in Mar. 2024 was ₹-1,531 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹4,981 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹697 Mil.

NCC'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	*	4981	/	-1531
	=	3.25

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

NCC (NSE:NCC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » NCC Ltd (NSE:NCC) » Definitions » Interest Expense

Traded in Other Exchanges

500294:India

Address

NCC House, Madhapur, Hyderabad, TG, IND, 500 081

Website

http://www.ncclimited.com

NCC Ltd is an India-based company engaged in the construction sector through its two subsidiaries, NCC Urban and NCC Infra. NCC Urban focuses on the development of residential and commercial complexes, serviced apartments, integrated townships, and so on. NCC Infra undertakes the development of infrastructure projects through government concessions. Infrastructure projects developed by the company include roads, bridges, flyovers, water supply and environment projects, power transmission lines, irrigation, and hydrothermal power projects. NCC generates substantially all its sales from the Indian domestic market.

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