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Virtualsoft Systems (BOM:531126) Interest Expense : ₹-0.80 Mil (TTM As of Jun. 2024)


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What is Virtualsoft Systems Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Virtualsoft Systems's interest expense for the three months ended in Jun. 2024 was ₹ -0.25 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ₹-0.80 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. Virtualsoft Systems's Operating Income for the three months ended in Jun. 2024 was ₹ -7.64 Mil. Virtualsoft Systems's Interest Expense for the three months ended in Jun. 2024 was ₹ -0.25 Mil. Virtualsoft Systems did not have earnings to cover the interest expense. 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.


Virtualsoft Systems Interest Expense Historical Data

The historical data trend for Virtualsoft Systems'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.

Virtualsoft Systems Interest Expense Chart

Virtualsoft Systems Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.21 -1.75 -1.48 -1.09 -0.92

Virtualsoft Systems Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.38 -0.33 0.03 -0.24 -0.25

Virtualsoft Systems 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-0.80 Mil.

* 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.


Virtualsoft Systems  (BOM:531126) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Virtualsoft Systems's Interest Expense for the three months ended in Jun. 2024 was ₹-0.25 Mil. Its Operating Income for the three months ended in Jun. 2024 was ₹-7.64 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ₹0.00 Mil.

Virtualsoft Systems's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Virtualsoft Systems did not have earnings to cover the interest expense.

* 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.

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


Virtualsoft Systems Business Description

Traded in Other Exchanges
N/A
Address
59, Okhla Industrial Estate, Phase-III, New Delhi, IND, 110020
Virtualsoft Systems Ltd is an Indian firm engaged in roaming, communications, and collaboration platforms, apps, and solutions to provide consumers and enterprises with communication services. The firm offers Pioneering Broadband, Virtual Event, and Providing Mobile Roaming Services and Solutions. It operates only in the Indian market. Its product line consists of Vreach, V code. Substantial revenue is generated from sales within India.

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