Xchanging Solutions (BOM:532616) Interest Expense : ₹-3 Mil (TTM As of Dec. 2023)

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What is Xchanging Solutions Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Xchanging Solutions's interest expense for the three months ended in Dec. 2023 was ₹ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-3 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. Xchanging Solutions's Operating Income for the three months ended in Dec. 2023 was ₹ 112 Mil. Xchanging Solutions's Interest Expense for the three months ended in Dec. 2023 was ₹ -2 Mil. Xchanging Solutions's Interest Coverage for the quarter that ended in Dec. 2023 was 55.95. 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.

Xchanging Solutions Interest Expense Historical Data

The historical data trend for Xchanging Solutions'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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Xchanging Solutions Interest Expense Chart

Xchanging Solutions Annual Data

Trend

Dec13

Dec14

Dec15

Mar16

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-0.10

-1.30

-2.60

-1.60

-1.00

Xchanging Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.30	-0.20	-0.20	-0.20	-2.00

Xchanging Solutions 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-3 Mil.

Xchanging Solutions (BOM:532616) 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.

Xchanging Solutions's Interest Expense for the three months ended in Dec. 2023 was ₹-2 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹112 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

Xchanging Solutions's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	111.9	/	-2
	=	55.95

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Xchanging Solutions Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Xchanging Solutions (BOM:532616) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Xchanging Solutions Ltd (BOM:532616) » Definitions » Interest Expense

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XCHANGING:India

Address

K R Puram Hobli, Kalyani Tech Park, Survey No. 1, 6 and 24, Kundanhalli Village, Bangalore, KA, IND, 560 066

Website

https://www.dxc.com

Xchanging Solutions Ltd is an Information Technology company. The company serves Healthcare, Life Sciences, Insurance, Travel, Transportation and Hospitality, Banking and Capital Markets, Aerospace and Defense, Energy, Utilities, Oil and Gas, and others. Its services include Analytics, Application Services, Business Process Services, Cloud and Platform Services, Consulting, Enterprise and Cloud Apps, Internet of Things (IoT), Security, and others. Geographically, it derives a majority of its revenue from the USA and also has a presence in Europe, India, Singapore, and the Rest of the World.

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