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Tejas Networks (BOM:540595) Interest Expense : ₹-416 Mil (TTM As of Mar. 2024)


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What is Tejas Networks Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tejas Networks's interest expense for the three months ended in Mar. 2024 was ₹ -264 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-416 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. Tejas Networks's Operating Income for the three months ended in Mar. 2024 was ₹ 2,693 Mil. Tejas Networks's Interest Expense for the three months ended in Mar. 2024 was ₹ -264 Mil. Tejas Networks's Interest Coverage for the quarter that ended in Mar. 2024 was 10.22. 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.

Tejas Networks Interest Expense Historical Data

The historical data trend for Tejas Networks'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.

Tejas Networks Interest Expense Chart

Tejas Networks 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 -33.30 -25.70 -22.10 -141.90 -462.80

Tejas Networks Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 -47.40 -36.40 -70.00 -82.50 -263.60

Tejas Networks 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 ₹-416 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.

Tejas Networks  (BOM:540595) 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.

Tejas Networks's Interest Expense for the three months ended in Mar. 2024 was ₹-264 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹2,693 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹1,334 Mil.

Tejas Networks'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*2692.9/-263.6
=10.22

* 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.

Tejas Networks (BOM:540595) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tejas Networks Ltd (BOM:540595) » Definitions » Interest Expense
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BOM:500183 BOM:532493 BOM:523610 BOM:532406 BOM:504112 BOM:530555 BOM:532775 BOM:533146 BOM:500060 BOM:523411 CSCO MSI SHSE:601138 HPE OHEL:NOKIA SZSE:000063 SHSE:688036 OSTO:ERIC B ZBRA TPE:2345
Traded in Other Exchanges
TEJASNET:India
Address
Hosur Road, Electronic City, Phase 1, J.P. Software Park, Plot No. 25, 5th Floor, Survey No. 13, 14, 17,18, Konnapana Agrahara Village, Begur Hobli, Bengaluru, KA, IND, 560 100
Website
https://www.tejasnetworks.com
Tejas Networks Ltd is an optical and data networking products company. The company designs, develops, and manufactures high-performance products for building high-speed communication networks that carry voice, data, and video traffic from fixed line, mobile, and broadband networks. It serves telecommunications service providers, internet service providers, utilities, defense, and government entities. The company's principal geographical areas for its operations are located in India, Americas, and rest of the world. It derives a majority of its revenue from India.

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