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Advance Metering Technology (BOM:534612) Interest Expense : ₹-8.8 Mil (TTM As of Dec. 2023)


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What is Advance Metering Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Advance Metering Technology's interest expense for the three months ended in Dec. 2023 was ₹ -2.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-8.8 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. Advance Metering Technology's Operating Income for the three months ended in Dec. 2023 was ₹ -22.9 Mil. Advance Metering Technology's Interest Expense for the three months ended in Dec. 2023 was ₹ -2.4 Mil. Advance Metering Technology 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.


Advance Metering Technology Interest Expense Historical Data

The historical data trend for Advance Metering Technology'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.

Advance Metering Technology Interest Expense Chart

Advance Metering Technology Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -70.46 -83.96 -77.37 -17.42 -13.54

Advance Metering Technology 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 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 -3.17 -2.22 -2.03 -2.15 -2.42

Advance Metering Technology 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 ₹-8.8 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.


Advance Metering Technology  (BOM:534612) 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.

Advance Metering Technology's Interest Expense for the three months ended in Dec. 2023 was ₹-2.4 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₹-22.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0.0 Mil.

Advance Metering Technology's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Advance Metering Technology 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.


Advance Metering Technology (BOM:534612) Business Description

Traded in Other Exchanges
N/A
Address
C-4 to C-11, Hosiery Complex, Phase II Extension, Noida, UP, IND, 201305
Advance Metering Technology Ltd is engaged in manufacturing and selling energy meters, provides technical services relating to the energy sector, and in the business of wind power generation through windmills/ other renewable energy sources. The company is operating in two segments: Power Generation and Meters and others. The power Generation segment offers the sale of electricity generation through Wind. The meter and Others segment offers the Sale of energy meters and others, Rental Income, installation services, estate management services, and EPC work. The majority of its revenue is generated from the Meters and other segments.

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