RailTel of India (BOM:543265) Interest Expense : ₹-46 Mil (TTM As of Mar. 2024)

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What is RailTel of India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. RailTel of India's interest expense for the three months ended in Mar. 2024 was ₹ -35 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-46 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. RailTel of India's Operating Income for the three months ended in Mar. 2024 was ₹ 1,131 Mil. RailTel of India's Interest Expense for the three months ended in Mar. 2024 was ₹ -35 Mil. RailTel of India's Interest Coverage for the quarter that ended in Mar. 2024 was 32.21. 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.

RailTel of India Interest Expense Historical Data

The historical data trend for RailTel of India'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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RailTel of India Interest Expense Chart

RailTel of India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-94.00

-64.10

-80.40

-50.00

-57.10

RailTel of India Quarterly Data
	Mar16	Mar17	Mar18	Mar19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-21.20	-6.30	-6.10	-4.70	-35.10

RailTel of India 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 ₹-46 Mil.

RailTel of India (BOM:543265) 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.

RailTel of India's Interest Expense for the three months ended in Mar. 2024 was ₹-35 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹1,131 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹0 Mil.

RailTel of India'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	*	1130.6	/	-35.1
	=	32.21

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. RailTel Corporation of India Ltd has enough cash to cover all of its debt. Its financial situation is stable.

RailTel of India (BOM:543265) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » RailTel Corporation of India Ltd (BOM:543265) » Definitions » Interest Expense

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RAILTEL:India

Address

Tower-2, East Kidwai Nagar, Plate - A, 6th Floor, Office Block, South Delhi, New Delhi, IND, 110023

Website

https://www.railtelindia.com

RailTel Corporation of India Ltd is a neutral telecom infrastructure provider in the country. It owns a pan-India optic fiber network on an exclusive Right of Way along the Railway track. The company's operating segment includes Telecom Services and Project Work services. It generates maximum revenue from the Telecom Services segment. The telecom services segment of the company provides services such as Managed Data Services; Leased Lines; Virtual Private Networks; Internet Leased Lines; Data Centre; Tower collocation and others; and the project work services involve the following projects; National Optical Fiber Networks, Telecom and IT services related projects, and Enterprise specific IT & ITES Projects.

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