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Gensol Engineering (BOM:542851) Interest Expense : ₹-1,082 Mil (TTM As of Mar. 2024)


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What is Gensol Engineering Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gensol Engineering's interest expense for the three months ended in Mar. 2024 was ₹ -388 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-1,082 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. Gensol Engineering's Operating Income for the three months ended in Mar. 2024 was ₹ 548 Mil. Gensol Engineering's Interest Expense for the three months ended in Mar. 2024 was ₹ -388 Mil. Gensol Engineering's Interest Coverage for the quarter that ended in Mar. 2024 was 1.41. 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.


Gensol Engineering Interest Expense Historical Data

The historical data trend for Gensol Engineering'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.

Gensol Engineering Interest Expense Chart

Gensol Engineering Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial -13.28 -16.30 -18.00 -234.30 -1,081.50

Gensol Engineering Quarterly Data
Mar17 Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 -115.80 -165.90 -207.80 -319.80 -388.00

Gensol Engineering 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 ₹-1,082 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.


Gensol Engineering  (BOM:542851) 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.

Gensol Engineering's Interest Expense for the three months ended in Mar. 2024 was ₹-388 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹548 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹9,369 Mil.

Gensol Engineering'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*548.1/-388
=1.41

* 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.


Gensol Engineering (BOM:542851) Business Description

Traded in Other Exchanges
Address
Westgate Business Bay, Block - A, 15th FLoor, Makarba, Ahmedabad, GJ, IND, 380051
Gensol Engineering Ltd is a renewable energy solutions provider focused on end to end solar engineering, procurement, and construction projects. It is engaged in providing technical due diligence, detailed engineering, quality control, construction supervision, and other consulting services for solar projects across various countries, including India.

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