UltraTech Cement (UltraTech Cement) Interest Expense : $-117 Mil (TTM As of Mar. 2024)

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What is UltraTech Cement Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. UltraTech Cement's interest expense for the three months ended in Mar. 2024 was $ -31 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-117 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. UltraTech Cement's Operating Income for the three months ended in Mar. 2024 was $ 397 Mil. UltraTech Cement's Interest Expense for the three months ended in Mar. 2024 was $ -31 Mil. UltraTech Cement's Interest Coverage for the quarter that ended in Mar. 2024 was 12.63. 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.

UltraTech Cement Interest Expense Historical Data

The historical data trend for UltraTech Cement'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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UltraTech Cement Interest Expense Chart

UltraTech Cement Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-258.70

-205.01

-116.25

-100.01

-116.60

UltraTech Cement 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															-23.27	-25.63	-28.16	-31.49	-31.46

UltraTech Cement 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 $-117 Mil.

UltraTech Cement (OTCPK:UCLQF) 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.

UltraTech Cement's Interest Expense for the three months ended in Mar. 2024 was $-31 Mil. Its Operating Income for the three months ended in Mar. 2024 was $397 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $753 Mil.

UltraTech Cement'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	*	397.367	/	-31.456
	=	12.63

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

UltraTech Cement (UltraTech Cement) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » UltraTech Cement Ltd (OTCPK:UCLQF) » Definitions » Interest Expense

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ULTRACEMCO:India 532538:India

Address

Mahakali Caves Road, B Wing, Ahura Centre, 2nd Floor, Andheri (East), Mumbai, MH, IND, 400 093

Website

https://www.ultratechcement.com

UltraTech Cement Ltd produces and sells cement and cement-related products. The company generates the vast majority of its revenue in India. UltraTech has one of the largest production capacities of any firm in India. The company's product portfolio includes Ordinary Portland cement, Portland blast-furnace slag cement, and Portland Pozzolana cement. Ordinary Portland cement is used for a wide range of applications including concrete products, masonry, and plastering. The firm's customers are in the building and construction industries.