Twinstar Industries (BOM:531917) Interest Expense : ₹-0.17 Mil (TTM As of Dec. 2021)

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What is Twinstar Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Twinstar Industries's interest expense for the three months ended in Dec. 2021 was ₹ -0.18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2021 was ₹-0.17 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. Twinstar Industries's Operating Income for the three months ended in Dec. 2021 was ₹ -1.40 Mil. Twinstar Industries's Interest Expense for the three months ended in Dec. 2021 was ₹ -0.18 Mil. Twinstar Industries 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.

Twinstar Industries Interest Expense Historical Data

The historical data trend for Twinstar Industries'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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Twinstar Industries Interest Expense Chart

Twinstar Industries Annual Data

Trend

Mar11

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Interest Expense

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-13.71

-4.93

-12.19

-7.23

-0.36

Twinstar Industries Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Interest Expense	Get a 7-Day Free Trial															-0.12	0.01	-	-	-0.18

Twinstar Industries 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 Dec. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-0.17 Mil.

Twinstar Industries (BOM:531917) 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.

Twinstar Industries's Interest Expense for the three months ended in Dec. 2021 was ₹-0.18 Mil. Its Operating Income for the three months ended in Dec. 2021 was ₹-1.40 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2021 was ₹0.00 Mil.

Twinstar Industries's Interest Coverage for the quarter that ended in Dec. 2021 is calculated as

Twinstar Industries did not have earnings to cover the interest expense.

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

Twinstar Industries (BOM:531917) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Twinstar Industries Ltd (BOM:531917) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

TTC MIDC Industrial Area, Plot No. EL178, Mahape, Navi Mumbai, MH, IND, 400701

Website

https://www.twinstar.in

Twinstar Industries Ltd is engaged in providing trading services and internet protocol-based software solutions coupled with information technology services. The company also focuses on business intelligence and analytics services, infrastructure management services, testing and compliance, and others. It provides solutions for government, manufacturing, retail, distribution, telecom, and healthcare.

Twinstar Industries (BOM:531917) Headlines

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