Walchand Peoplefirst (BOM:501370) Interest Expense : ₹-0.7 Mil (TTM As of Mar. 2024)

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What is Walchand Peoplefirst Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Walchand Peoplefirst's interest expense for the three months ended in Mar. 2024 was ₹ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-0.7 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. Walchand Peoplefirst's Operating Income for the three months ended in Mar. 2024 was ₹ 4.9 Mil. Walchand Peoplefirst's Interest Expense for the three months ended in Mar. 2024 was ₹ -0.1 Mil. Walchand Peoplefirst's Interest Coverage for the quarter that ended in Mar. 2024 was 34.39. 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.

Walchand Peoplefirst Interest Expense Historical Data

The historical data trend for Walchand Peoplefirst'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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Walchand Peoplefirst Interest Expense Chart

Walchand Peoplefirst Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-2.02

-0.24

-0.19

-0.88

-0.65

Walchand Peoplefirst 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															-0.38	-0.17	-0.18	-0.16	-0.14

Walchand Peoplefirst 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 ₹-0.7 Mil.

Walchand Peoplefirst (BOM:501370) 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.

Walchand Peoplefirst's Interest Expense for the three months ended in Mar. 2024 was ₹-0.1 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹4.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹2.7 Mil.

Walchand Peoplefirst'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	*	4.883	/	-0.142
	=	34.39

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

Walchand Peoplefirst (BOM:501370) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Walchand Peoplefirst Ltd (BOM:501370) » Definitions » Interest Expense

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Address

5-Walchand Hirachand Marg, 1st Floor, Construction House, Ballard Estate, Mumbai, MH, IND, 400001

Website

https://www.walchandpeoplefirst.com

Walchand Peoplefirst Ltd operates in the Education industry. It is engaged in providing consulting and training services which cater to the educational and vocational business sectors in India. The company has a single segment namely Training. It also offers a broad range of assessment consultancy services. The group derives revenue from Training income in the areas of public programs, corporate programs, and long-term courses.

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