Reliance Interest Expense from 2010 to 2026

RLI Stock  EUR 52.80  0.60  1.12%   
Reliance Industries' Interest Expense is increasing over the last several years with slightly volatile swings. Interest Expense is predicted to flatten to about 160 B. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2019-06-30
Previous Quarter
70.4 B
Current Value
66.1 B
Quarterly Volatility
10.9 B
 
Covid
 
Interest Hikes
Check Reliance Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Reliance Industries' main balance sheet or income statement drivers, such as Tax Provision of 174 B, Interest Income of 96 B or Interest Expense of 160 B, as well as many indicators such as Price To Sales Ratio of 1.07, Dividend Yield of 0.0046 or PTB Ratio of 1.97. Reliance financial statements analysis is a perfect complement when working with Reliance Industries Valuation or Volatility modules.
  
This module can also supplement various Reliance Industries Technical models . Check out the analysis of Reliance Industries Correlation against competitors.
The Interest Expense trend for Reliance Industries Limited offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Reliance Industries is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Reliance Industries' Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Reliance Industries Limited over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Reliance Industries' Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Reliance Industries' overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Reliance Interest Expense Regression Statistics

Arithmetic Mean101,386,539,216
Geometric Mean0.00
Coefficient Of Variation100.41
Mean Deviation95,422,625,144
Median144,380,000,000
Standard Deviation101,800,712,767
Sample Variance10363385119.9T
Range254.4B
R-Value0.88
Mean Square Error2467036622.4T
R-Squared0.78
Slope17,768,156,454
Total Sum of Squares165814161918.7T

Reliance Interest Expense History

2026160 B
2025254.4 B
2024221.2 B
2023217.7 B
2022195.7 B
2021144.4 B
2020179.1 B

About Reliance Industries Financial Statements

Reliance Industries stakeholders use historical fundamental indicators, such as Reliance Industries' Interest Expense, to determine how well the company is positioned to perform in the future. Although Reliance Industries investors may analyze each financial statement separately, they are all interrelated. For example, changes in Reliance Industries' assets and liabilities are reflected in the revenues and expenses on Reliance Industries' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Reliance Industries Limited. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense254.4 B160 B

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Other Information on Investing in Reliance Stock

Reliance Industries financial ratios help investors to determine whether Reliance Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Reliance with respect to the benefits of owning Reliance Industries security.